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Tata Sons, Tata Investment Corporation to participate in TCS’ buyback offer

14 Jan 2022 Evaluate

Tata Consultancy Services’ (TCS) promoters - Tata Sons and Tata Investment Corporation are planning  to participate in the IT service major's Rs 18,000 crore buyback offer by tendering about 2.88 crore shares. Earlier, the TCS Board had approved an upto Rs 18000 crore buyback offer entailing 4 crore shares at Rs 4,500 apiece.

TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

Peers
Company Name CMP
TCS 2109.70
Infosys 1024.90
HCL Technologies 1266.55
Wipro 163.80
Tech Mahindra 1535.75
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