Promoters to take part in TCS buy-back offer

India’s largest IT services company Tata Consultancy Services (TCS) said that its promoters intended to participate in its recently announced up to Rs. 16,000-crore buy-back offer. Earlier this month, the TCS board had approved a proposal to buy back up to 7.61 crore shares or 1.99% of the total paid-up equity share capital at Rs. 2,100 a share.PTI

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