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 calendar for Infosys Limited’s buyback offer through the Acquisition Window mechanism. The buyback bidding period will run from November 20-26, 2025 (Settlement No. 2025126), with obligation download on December 2, 2025 and final settlement on December 3, 2025. Shares must be delivered exclusively through early pay-in mechanism in depositories.

Key Points

  • Buyback settlement number: 2025126
  • Bidding window: November 20-26, 2025 (7 days)
  • Only early pay-in delivery mechanism allowed for demat shares
  • Securities will be earmarked/blocked in client accounts automatically
  • No EPN file upload required by members/custodians
  • Market type “Buyback” must be specified in depository systems
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

Members and custodians must follow the revised guidelines for mechanism of acquisition of shares through stock exchange as per Notice No. 20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians: Must complete early pay-in process in depository system sufficiently in advance before BSE OTB bidding window closure
  • Members/Custodians: Must ensure early pay-in effect is reflected in BSE/ICCL systems before prescribed timelines for bid acceptance/confirmation
  • Depositories (CDSL & NSDL): Early pay-in securities will be automatically earmarked/blocked in requisite market type and settlement number
  • Members: Must use Market Type “Buyback” and Settlement No. 2025126 in depository systems
  • Members: Should refer to designated file for client-wise stamp duty charges

Important Dates

  • November 20, 2025: Bid start date
  • November 26, 2025: Bid end date
  • December 2, 2025: Obligation download
  • December 3, 2025: Settlement date

Impact Assessment

Market Impact: Infosys shareholders wishing to participate in the buyback must ensure timely delivery of shares through early pay-in mechanism. The 7-day bidding window provides adequate time for participation.

Operational Impact: Members and custodians must coordinate early pay-in activities to ensure shares are available before bid confirmation deadlines. The automatic earmarking process simplifies operations by eliminating EPN file uploads. Participants should contact ICCL helpdesk (022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com) for clarifications.

Impact Justification

Specific buyback settlement schedule for Infosys with defined timelines; affects shareholders participating in the buyback offer through stock exchange mechanism