Friday, 24 March, 2023

Record date fixed as TCS approves huge buyback worth Rs18,000 cr

<p>IT giant, TCS has announced the buyback of about 40,00,000 fully paid shares. These shares are of Re 1 face value, each at Rs4,500 which makes the buyback worth Rs18,000 crore. In a stock exchange filing, it was stated that the company has approved the buyback by passing a special resolution by postal ballot. February 23rd, 2022 is the record date, on which the names of equity shareholders will be announced.</p>