TCS Share Buyback Date: The Company has fixed Saturday November 25, 2023 as the record date to determine the entitlement and the names of the equity shareholders. To know more visit the link.

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Piramal Pharma Ltd recently has offered 129,629,630 shares through a Rights Issue of ₹1050.00 Crores.

Reliance Industries Ltd. (RIL) announced the demerger of its financial services arm Reliance Strategic Investments, which would be renamed later on as Jio Financial Services Ltd. (JFSL). RIL has fixed July 20, 2023 as the record date for the demerger of Reliance Strategic Investments. Under the merger deal, all RIL shareholders, as of the record date of July 20, 2023, will get one share of Jio Financial Services Ltd. (JFSL) for every RIL share they own.

On June 30, the Boards of HDFC Limited, a leading housing finance company, and HDFC Bank, one of India's largest private sector banks, approved the effective date of merger as July 1, 2023, and fixed July 13, 2023, as record date for determining the shareholders of HDFC Ltd. That means, those who hold HDFC Ltd shares as on record date of 13^thJuly 2023 will receive 42 shares of HDFC Bank for every 25 shares of HDFC Ltd a ratio of 1:1.68.

What is a Share Buyback?

A Share Buyback (also known as Share Repurchase) is when a company buys back its own outstanding shares from stakeholders to reduce number of stocks accessible in open market which is also an alternative to return money to investors.