# TCS buy back strategy from IIFL

**URL:** https://tradingqna.com/t/tcs-buy-back-strategy-from-iifl/154583
**Category:** Stocks
**Created:** [October 12, 2023, 8:39am UTC](https://tradingqna.com/t/tcs-buy-back-strategy-from-iifl/154583 "2023-10-12T08:39:17Z")
**Posts on this page:** 1
**Showing post:** 5

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### Author: ![Arjun\_Oberoi](https://tradingqna.com/user_avatar/tradingqna.com/arjun_oberoi/32/82882_2.png) [@Arjun\_Oberoi](https://tradingqna.com/u/Arjun_Oberoi)
#### Post date: [December 1, 2023, 5:48pm UTC](https://tradingqna.com/t/tcs-buy-back-strategy-from-iifl/154583/5 "2023-12-01T17:48:44Z")

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If not unpledged, the buyback order will be rejected.

> [@Everything you need to Know about the TCS Buyback in 2023](https://tradingqna.com/t/everything-you-need-to-know-about-the-tcs-buyback-in-2023/156250/1):
>
> #### 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?](https://support.zerodha.com/category/console/portfolio/pledging/articles/how-do-i-unpledge-shares)

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