Description

Infosys Limited announces buyback of up to 10 crore equity shares at ₹1,800 per share for aggregate consideration of up to ₹18,000 crore through tender offer route on proportionate basis.

Summary

Infosys Limited has issued a Letter of Offer dated November 18, 2025 for buyback of up to 10,00,00,000 (10 crore) fully paid-up equity shares of face value ₹5 each at ₹1,800 per share through the tender offer route. The buyback represents 2.41% of the total paid-up equity share capital on a standalone basis and amounts to an aggregate consideration of up to ₹18,000 crore. The offer is being made to eligible shareholders as on the Record Date of November 14, 2025 on a proportionate basis, subject to small shareholder reservation.

Key Points

  • Buyback size: Up to 10,00,00,000 (10 crore) equity shares
  • Buyback price: ₹1,800 per equity share
  • Total consideration: Up to ₹18,000 crore
  • Percentage of capital: 2.41% of total paid-up equity share capital
  • Face value: ₹5 per equity share
  • Method: Tender offer route on proportionate basis
  • Record Date: November 14, 2025
  • Manager to Buyback: Kotak Mahindra Capital Company Limited
  • Registrar to Buyback: KFin Technologies Limited
  • Company Secretary: A.G.S. Manikantha
  • Contact email: sharebuyback@infosys.com

Regulatory Framework

  • Conducted under Article 14 of the Articles of Association of Infosys Limited
  • Compliant with Sections 68, 69, and 70 of the Companies Act, 2013
  • In accordance with SEBI (Buy Back of Securities) Regulations, 2018 as amended
  • Subject to LODR Regulations and SEBI Circulars
  • Listed on BSE Limited and National Stock Exchange of India Limited
  • Requires approvals from SEBI and stock exchanges (BSE and NSE)
  • Subject to small shareholder reservation provisions

Compliance Requirements

  • Eligible shareholders are those registered as on Record Date (November 14, 2025)
  • Beneficial owners of fully paid-up equity shares as per depository records
  • Letter of Offer sent to registered equity shareholders
  • Shareholders requiring clarification may consult stock brokers, investment consultants, Manager to Buyback, or Registrar to Buyback
  • Payment to be made in cash for accepted shares
  • Company registered office: No. 44, Electronics City, Hosur Road, Bengaluru, Karnataka, 560100
  • CIN: L85110KA1981PLC013115

Important Dates

  • Letter of Offer Date: November 18, 2025
  • Record Date: November 14, 2025
  • Tender offer window opening date: To be announced
  • Other timeline details: To be specified in the complete offer document

Impact Assessment

Market Impact: This is one of the largest buyback offers in the Indian market, with Infosys committing ₹18,000 crore for share repurchase. The buyback will reduce the outstanding equity shares by 2.41%, potentially providing earnings per share accretion and returning significant capital to shareholders.

Shareholder Impact: Eligible shareholders as on November 14, 2025 will have the opportunity to tender their shares at ₹1,800 per share. The proportionate basis ensures fair allocation across all shareholders, with special reservation for small shareholders. The buyback price represents the price at which the company values its own shares.

Liquidity Impact: The acquisition window will create a structured exit opportunity for shareholders willing to participate. The tender offer mechanism ensures transparency and regulatory compliance in the buyback process.

Corporate Action Impact: This capital allocation decision demonstrates the company’s confidence in its financial position and cash generation capabilities. The buyback is a method of returning surplus cash to shareholders as an alternative to dividends.

Impact Justification

Major buyback of ₹18,000 crore by Infosys affecting 2.41% of paid-up equity capital, significant capital allocation decision by large-cap company with direct impact on shareholders and market liquidity