Description
Settlement calendar for Infosys Limited buyback through acquisition window to be conducted from November 20-26, 2025 with settlement on December 3, 2025.
Summary
BSE has announced the settlement schedule for Infosys Limited’s buyback through the Acquisition Window mechanism. The buyback bidding window will run from November 20-26, 2025, with obligation download on December 2, 2025 and final settlement on December 3, 2025. Settlement number 2025126 has been assigned for this transaction.
Key Points
- Buyback bidding period: November 20-26, 2025
- Settlement Number: 2025126
- Obligation Download Date: December 2, 2025
- Settlement Date: December 3, 2025
- Demat shares must be delivered through Early Pay-in mechanism only
- Both CDSL and NSDL depositories support the process
- Market Type “Buyback” to be used in depository systems
- Members not required to upload EPN file for early pay-in
- Securities will be earmarked/blocked in client accounts with requisite market type and settlement number
Regulatory Changes
No new regulatory changes. This notice implements existing Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as referenced in Notice No.20200528-32 dated May 28, 2020.
Compliance Requirements
- Members/Custodians: Must complete early pay-in of securities in depository system sufficiently in advance before BSE OTB Bidding window closure
- Members/Custodians: Must use Market Type “Buyback” and Settlement No. 2025126 in depository system
- Members/Custodians: Must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
- Members: Should refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise Stamp Duty charges
- Participants: Early pay-in must be completed before prescribed timelines for BSE OTB platform bid acceptance and custodian confirmation
Important Dates
| Event | Date |
|---|---|
| Bid Start Date | November 20, 2025 |
| Bid End Date | November 26, 2025 |
| Obligation Download | December 2, 2025 |
| Settlement Date | December 3, 2025 |
Impact Assessment
Market Impact: Medium - Affects Infosys Limited shareholders who wish to participate in the buyback offer through the stock exchange acquisition window mechanism.
Operational Impact: Medium - Requires brokers, members, and custodians to process early pay-in of shares and follow specific settlement procedures. Proper coordination between depositories (CDSL/NSDL) and BSE OTB platform is essential.
Investor Impact: Shareholders intending to tender shares in the Infosys buyback must work with their brokers to ensure timely early pay-in of demat shares before the bidding window closes on November 26, 2025.
Contact Information
For clarifications, contact ICCL Help Desk:
- Phone: 022-69158590 / 45720490 / 45720690
- Email: iccl.helpdesk@icclindia.com
- Officials: Atharva Naik (Senior Officer), Tajindersingh Virdi (Senior Manager)
Impact Justification
Medium importance as it pertains to a specific buyback transaction for Infosys Limited with defined timelines affecting shareholders participating in the buyback offer