Tata Consultancy Services Rs160 billion share buyback

26/9/2018

Share buyback

Value:

Re 160 billion

Dollar value:

$ 2.256 billion

Status:

Announced

Date:

26/9/2018

Overview:

Information technology consulting company Tata Consultancy Services has completed a Rs160 billion share buyback.
To date, this marks the largest buyback undertaken by an Indian company.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Share buyback

Practice area:

Capital markets : Equity

Firm:

AZB & Partners

Party: Tata Consultancy Services (Issuer)

Party: JM Financial (Lead manager)

Lawyer: Lionel D'Almeida

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