TCS buy back strategy from IIFL

[Arjun_Oberoi]

If not unpledged, the buyback order will be rejected.

@Meher_Smaran

Will I be eligible for the buyback if I’ve pledged shares of TCS?

Yes, even if the shares are pledged, you are eligible for all corporate action benefits. However, you will have to unpledge the shares before tendering them in the buyback. See How do I unpledge shares?