Well this article makes things more clear. There is no delisting so even if Blackstone would want to buy upto 26% in open offer, they will only buy till their shareholding reached 75% mark.
Wondering why would someone tender in open offer if current price is greater.
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Any Calculation for TCS Buyback 2023?
Risk Reward & Profit if acceptance ratio around 100%.
CMP 3,610
Buyback Price 4150
Buyback Size 17,000 Crore