TCS Buyback , 2022 Record date : 23 Feb ’22

    Application Rates for TCS Buyback  on 18 February 2022 
    Rs. 12000  .However the fancy for form-trading has gone . Since there is no strong uptrend seen in TCS price, the enthusiasm seen a month before, has disappeared.

    About the Company:
    Tata Consultancy Services , India’s largest IT company ,operates on a global scale, with diverse talent base of over 556,986 associates (including subsidiaries) representing 156 nationalities, across 46 countries as of 31-Dec-2021. It is one of the largest employers of women with 36% women employees.TCS Buyback 2022 Analysis

    It has been recognized as a Global Top Employer by the Top Employers Institute – one of eight organizations worldwide to have achieved this status. In its assessment of 1,072 companies worldwide in 2016, the Top Employers Institute rated TCS as an exceptional performer across nine core Human Resources (HR) areas: talent strategy, workforce planning, on-boarding, learning and development, performance management, leadership development, career and succession management, compensation and benefits and company culture.
    It has made significant investments in Digital platforms and products spanning Technology Products, Horizontal Platforms and Products, Vertical Platforms and Products.
    For more information about the company, click

    Objects of the Buyback
    i) Distribute surplus funds to shareholders and thereby enhance their overall return.
    ii) Improve financial ratios like Earnings per share , Return on assets and Return on Equity

    TCS Buyback Detail
    Issue Period
    Security Name : Tata Consultancy Services
    Issue Type : Tender Offer
    Issue Size (Shares) :4.00 Crores
    Issue Size (Amount): Rs 18,000.00 Crores
    Buyback Price : Rs 4500 per share (CMP Rs. 3693 on 11 Feb 2022)
    Face Value : Rs. 1 per share
    Listing At NSE & BSE

    TCS Buyback Issue Timetable
    Offer Opens On :
    Offer Closes On 
    Record Date : 13 February 2021
    Last Date for receipt of Tender Forms :
    Finalisation of Buyback Acceptance :
    Last Date for settlment of bids :
    Last Date for Extinguishment of Shares :

    Buyback Ratio

    Category : Reserved Category for Small Shareholders
    15% of the Buyback size eg 60,00,000 shares or the number of equity shares entitled as per the share holding of small investors as on the Record date , whichever is higher
    Category : General .. for all other Eligible Shareholders

    Registered office of TCS Limited
    Tata Consultancy Services
    9th Floor, Nirmal Building,
    Nariman Point,
    Mumbai – 400 021.

    Manager(s) to  TCS Buyback :
    J M financial Services ltd

    Registered Broker
    J M financial Services ltd

    Registrar to TCS Buyback
    Link InTime India Pvt ltd

    Chanakya’s Observations:

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