TCS Buyback 2022 Details: TCS is a company that specializes in information technology (IT) services, as well as digital and business solutions. Mentioned are the TCS Buyback 2022 details. We wish to inform you that the Board of Directors of the Company has approved a proposal to buyback up to 4,00,00,000 (four crores) Equity Shares of the Company for an aggregate amount not exceeding Rs 18,000 crore (Rupees eighteen thousand crores only) (hereinafter referred to as the “Buyback”), in accordance with our notification dated January 7, 2022, and in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations (hereinafter referred to as the “Buyback Price”).
TCS Buyback 2022 Details: Opening Date, Closing Date, Buyback Price
|Buyback Type||Tender Offer|
|Buyback Record Date||Feb 23, 2022|
|Buyback Offer Amount||Rs 18,000 cr. (Approx)|
|Date of Board Meeting approving the proposal||Jan 12, 2022|
|Date of Public Announcement||Jan 12, 2022|
|Buyback Number of Shares||4,00,00,000 (Approx)|
|Buyback Opening Date||Mar 9, 2022|
|Buyback Closing Date||Mar 23, 2022|
|Price Type||Tender offer|
|Buyback Price||Rs 4500 Per Equity Share (Approx)|
|Face Value||Rs 1 Per Equity Share|
TCS is a company that specializes in information technology (IT) services, as well as digital and business solutions. Banking, finance, and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media, and entertainment; and others, including energy, resources, and utilities, hi-tech, life science and healthcare, s-Governance, travel, transportation, and hospitality, and other products, are among the company’s segments.
IT and assurance services, business intelligence and performance management, business process services, cloud services, connected marketing solutions, consulting, engineering, and industrial services, enterprise solutions, IT infrastructure services, mobility products and services, and platform solutions are all part of the company’s services portfolio.