Description
BSE announces the schedule of activities for Infosys Limited buyback offer through acquisition window from November 20-26, 2025, for up to 10 crore equity shares at Rs. 1800 per share.
Summary
BSE has announced the detailed schedule for Infosys Limited’s buyback offer through the Acquisition Window (OTB) mechanism. The offer will be conducted from November 20-26, 2025, with the company proposing to buyback up to 10,00,00,000 (10 crore) equity shares at Rs. 1,800 per share. Trading members and custodian members are required to facilitate investor participation through the iBBS and RTRMS platforms during specified session timings.
Key Points
- Security Details: Infosys Limited (Symbol: INFY, ISIN: INE009A01021, Scrip Code: 500209)
- Offer Size: Up to 10,00,00,000 equity shares
- Offer Price: Rs. 1,800 per share (Face Value: Rs. 5.00)
- Market Lot: 1 share
- Offer Period: November 20, 2025 (Thursday) to November 26, 2025 (Wednesday)
- Bid Offering Hours: 9:15 AM to 3:30 PM daily
- Bid Modification/Cancellation: Allowed from 9:15 AM to 3:30 PM throughout the offer period
- Give-up/Take-up: Available 9:15 AM to 3:30 PM (extended to 4:00 PM on final day for take-up)
- Eligible Investors: Only investors holding shares in demat form can participate
- Investor Categories: FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Other NIBs, Companies, and Individuals
Regulatory Changes
No new regulatory changes introduced. The circular provides operational instructions based on existing Exchange Notices No. 20150930-1 (September 30, 2015) and No. 20170203-29 (February 3, 2017) regarding OTB participation procedures.
Compliance Requirements
- Trading Members: Must ensure investor UCC (Unique Client Code) is registered and updated with correct PAN number and category in the Exchange UCC database
- Platform Access: Members must use designated iBBS and RTRMS platforms for bid submission
- iBBS Internet: https://ibbs.bseindia.com/
- iBBS Leased Line: https://ibbsll.bseindia.com/
- RTRMS Internet: https://rtrms.bseindia.com/
- RTRMS Leased Line: https://rtrmsll.bseindia.com/
- Extranet Access: Available at https://member.bseindia.com/ (Internet) and https://memberll.bseindia.com/ (Leased Line) for bid acceptance files
- Demat Requirement: Trading members can only bid for investors having shares in demat form
- File Generation: No end-of-issue files will be generated in Extranet if no securities are accepted
Important Dates
- Offer Opening Date: Thursday, November 20, 2025 (9:15 AM)
- Offer Closing Date: Wednesday, November 26, 2025 (3:30 PM for give-up, 4:00 PM for take-up)
- Bid Offering Period: November 20-26, 2025 (9:15 AM to 3:30 PM daily)
- Give-up Period: November 20-25, 2025 (9:15 AM to 3:30 PM); November 26, 2025 (9:15 AM to 3:30 PM on last day)
- Take-up Period: November 20-25, 2025 (9:15 AM to 3:30 PM); November 26, 2025 (9:15 AM to 4:00 PM on last day)
Impact Assessment
Market Impact: This is a significant corporate action involving one of India’s largest IT companies with a total buyback value of approximately Rs. 18,000 crore (10 crore shares × Rs. 1,800). The buyback will provide liquidity to shareholders at a premium and may impact Infosys’s stock price and market capitalization.
Operational Impact: Trading members and custodians must ensure their systems and UCC databases are updated to facilitate smooth investor participation. The 7-day offer window requires continuous monitoring and operational readiness across multiple platforms. Members need to coordinate with BSE Trading Operations for any login or technical issues using the provided contact details (phone: 022-22728005, email: user.trdops@bseindia.com).
Investor Impact: Shareholders holding Infosys shares in demat form can tender their shares through their brokers during the offer period. The offer provides an exit opportunity at a predetermined price of Rs. 1,800 per share, which investors should evaluate against current market prices.
Impact Justification
Major buyback of 10 crore shares worth Rs. 18,000 crore for a leading IT company with specific operational timelines and participation requirements for trading members