The wait is over – TCS Buyback Details

TCS Buyback Details, Day 1 Update, Day 2 Update –

TCS Buyback –

• ⦁ Buyback Window Opens: 09 March.
• ⦁ Buyback Window Closes: 23 March Settlement.
• ⦁ Amount Credit Date: 01 April.
• ⦁ Retail Entitlement Ratio: 6 Shares against 45 Shares (13.33%).
• ⦁ Expected Retail Acceptance Ratio: 22 – 27%.

Day 1 Summary, Window to close on 23 March –

• ⦁ Retail Reservation: 60,00,000 Shares.
• ⦁ Small Shareholders on Record Date: 21,10,824.
• ⦁ Shares Tendered in Individual Category on Day 1 – 9,10,255.
• ⦁ Shares Number of Bids Received on Day 1 – 22,496.

Day 2 Summary, Window closes on 23 March (Expected AR – 25%) –

• ⦁ Retail Reservation: 60,00,000.
• ⦁ Shares Small Shareholders on Record Date: 21,10,826.
• ⦁ Shares Tendered in Individual Category till Day 2 – 42,72,848.
• ⦁ Shares Number of Bids Received till Day 2 – 1,15,424.
  
  
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