TCS Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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TCS Buyback 2022 description – Tata Consultancy Services Limited, initially started as “Tata Computer Systems” was founded in 1968 by division of Tata Sons Limited. TCS is the largest IT services company in the world by market capitalization. It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries.

In 2015, It was ranked 64th overall in the Forbes World’s most innovative companies. TCS is one of the largest private-sector employers in India, and the fourth-largest employer among listed Indian companies. It has crossed more than 500,000 employees as of 8 July 2021.

TCS Business and Technology Services help enterprises become future ready with its offerings across the digital technologies including Cloud, IoT, Business Operations, Infrastructure, Cybersecurity, Blockchain, Data and Analytics, Quality Engineering and Automation.

TCS Buyback 2022 Details

Buyback Dates9 – 23 March 2022
TCS Buyback Price INR4,500 per share
Buyback Offer Size4,00,00,000 shares
Buyback offer as % of total shares1.08%
Offer AmountINR18,000 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR1 per share
Listing AtBSE, NSE

TCS Buyback Dates (Timeline)

Board Meeting for Buyback Proposal12 January 2022
Buyback Approval Date12 January 2022
Public Announcement of Buyback14 January 2022
TCS Buyback Record Date23 February 2022
Buyback Opening Date9 March 2022
Buyback Closing Date23 March 2022
Cut-off Date to receive completed tender forms by Registrar23 March 2022
Verification Date by the Registrar31 March 2022
Return of unaccepted shares by Registrar1 April 2022
Extinguishment of accepted shares8 April 2022

Registrar of TCS Buyback 2022

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in


Manager of TCS Buyback 2022

JM Financial Limited
7th Floor, Cnergy,
Appasaheb Marathe Marg,
Prabhadevi, Mumbai – 400 025,
Phone: +91 22 6630 3030; +91 22 6630 3262
Fax: +91 22 6630 3330
Email: [email protected]
Website: www.jmfl.com


TCS Buyback 2022 Documents


Pre-Buyback Shareholding Pattern of TCS

ParticularsNo. of Share HoldersNo. of shares% of shares
Promoters42,67,02,04,29872.19
DIIs/MFs46028,83,74,3337.80
FIIs/FPIs/NRIs34,75056,33,00,35215.23
Resident Individuals15,72,91514,35,20,2063.88
Clearing Members3115,42,3000.01
Bodies corporate6,2913,31,09,8840.90
Grand Total16,14,7363,69,90,51,373100.00
As on 07 January 2022

TCS Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders (less than INR2 Lakh on record date)1/714.28
General category (for all other Eligible Shareholders)1/1080.92

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.


TCS Limited’s Financial Performance

FY2019FY2020FY2021
Total Income1,46,4631,56,9491,64,177
Total Expenses1,06,9571,14,8401,17,631
Net income 31,47232,34032,430
Figures in INR crore unless specified otherwise

Necessity of the Buyback

  • The buy-back gives an option to the equity shareholders to either participate in the buy-back and receive cash in lieu of Equity Shares accepted under the buy-back.
  • The buy-back helps to return surplus cash to its shareholders, in proportion to their shareholding, thereby, enhancing the overall returns to shareholders.
  • The buy-back would help in improving Earning per share (EPS), Return on asset (ROA) and Return on equity (ROE) ratios of the Company.
  • The buy-back, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in the Buy-back Regulations.

Process to Participate in the TCS buyback

All eligible Shareholders of the Company who own Physical Shares or Demat Shares on the Record Date may participate in the buyback offer through their Stock Broker. The eligible shareholder who holds the shares in Demat form must notify their broker of the details of the Equity shares that they wish to tender in the Buyback Offer.


The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholder who owns the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Working Calculation of Amount Invested in TCS Buyback

Maximum market value of a share holder as on record dateINR2,00,000
Buyback priceINR4,500
Maximum shares of a shareholder as on 12 January (2,00,000/4,500)44 shares
Closing price of share as on 12 January 2022INR3,859.90
Amount Invested in buyback (3,859.90 x 44 shares)INR1,69,836

Profit from the TCS buyback by acceptance ratio

Acceptance ratioAmount invested in buybackNo. of shares bought backBuyback ProfitProfit in %
30%1,69,836138,3214.9
40%1,69,8361710,8826.4
50%1,69,8362214,0828.3
60%1,69,8362616,6439.8
70%1,69,8363019,20311.3

Frequently Asked Questions

When does TCS buyback offer open?

TCS buyback opens on 9 March and closes on 23 March 2022

What is the timeline of TCS buyback 2022?

Timeline of TCS buyback will be coming soon.

What is the TCS buyback price?

TCS buyback price is INR4,500 per share.

What is the TCS buyback record date?

The record date is 23 February 2022.

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