The Securities and Exchange Board of India (SEBI) has provided its approval to Tata Consultancy Services‘ (TCS) Rs 16000 crore buyback offer.
The company has said that the buyback offer will open on May 18 and close on May 31 this month.
It is going to buyback 56 million equity shares, about 3% of total equity, at Rs 2,850 a piece.
