Description

BSE announces the settlement schedule for Infosys Limited's 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 through the Offer to Buy – Acquisition Window mechanism. The buyback bidding period will run from November 20, 2025 to November 26, 2025, with obligation download on December 2, 2025 and final settlement on December 3, 2025. The settlement number assigned is 2025126.

Key Points

  • Settlement Type: Buyback
  • Settlement Number: 2025126
  • Bid Start Date: November 20, 2025
  • Bid End Date: November 26, 2025
  • Obligation Download: December 2, 2025
  • Settlement Date: December 3, 2025
  • Demat shares must be delivered through Early Pay-in mechanism only
  • Securities will be earmarked/blocked in client accounts in the requisite market type and settlement number
  • Members must refer to MBRSTD_OTB_CM_mmm_SettNo file for client-wise stamp duty charges

Regulatory Changes

No new regulatory changes. The settlement follows the Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange as per Notice No.20200528-32 dated May 28, 2020.

Compliance Requirements

  • Members/Custodians must deliver demat shares only through the Early Pay-in of Shares mechanism available in both depositories
  • Market Type “Buyback” and settlement number 2025126 must be used in the depository system
  • Participants must ensure early pay-in of securities is reflected in BSE/ICCL systems before prescribed timelines for accepting/confirming bids
  • Early pay-in process must be completed sufficiently in advance before closure of BSE OTB Bidding window
  • CDSL & NSDL early pay-in securities will be earmarked/blocked in client accounts
  • No EPN file upload required by Members & Custodians

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

This circular affects Infosys Limited shareholders wishing to participate in the buyback and BSE trading members/custodians facilitating the transaction. The seven-day bidding window provides adequate time for shareholders to tender shares. Members and custodians need to ensure timely completion of early pay-in processes to avoid bid rejection. The standardized settlement mechanism through the acquisition window ensures orderly execution of the buyback. Contact support is available through ICCL Help Desk at 022-69158590/45720490/45720690 or iccl.helpdesk@icclindia.com.

Impact Justification

Company-specific buyback procedure affecting Infosys shareholders and trading members; standard market operation with established processes