Description

NSE announces web-based bidding platform availability for Infosys Limited's buyback offer of up to 10 crore equity shares at Rs. 1800 per share under Tender Offer scheme.

Summary

National Stock Exchange of India has announced that Infosys Limited will conduct a buyback offer under the Tender Offer scheme using NSE’s web-based bidding platform. The company will buyback up to 10,00,00,000 equity shares at a fixed price of Rs. 1800 per share. The bidding period is from November 20, 2025 to November 26, 2025, with daily bidding hours from 9:15 AM to 3:30 PM. All trading members of the Capital Market segment are eligible to participate using the platform at https://eipo.nseindia.com.

Key Points

  • Buyback offer by Infosys Limited (symbol: INFY, ISIN: INE009A01021)
  • Issue size: Up to 10,00,00,000 (10 crore) equity shares
  • Fixed offer price: Rs. 1800 per share
  • Face value: Rs. 5 per share
  • Lot size: 1 equity share (minimum bid)
  • Merchant Banker: Kotak Mahindra Capital Company Limited
  • Registrar: KFin Technologies Limited
  • Platform accessible at https://eipo.nseindia.com
  • Members can use existing web-based IPO bidding credentials
  • New members can access via admin terminal using Adminxxxxx format (where xxxxx is Member Code)

Regulatory Changes

This buyback follows the Tender Offer Scheme framework established under Exchange circular NSE/CMTR/52776 dated June 29, 2022. No new regulatory changes are introduced in this circular.

Compliance Requirements

  • Trading members must ensure access to the web-based bidding platform
  • Members without existing access must login to admin terminal to create branches and users
  • Custodial participants must provide confirmations during bidding hours (9:15 AM to 3:30 PM) and extended hours on issue closure (9:15 AM to 4:00 PM)
  • Bidding must be conducted through designated investor categories: FII, MF, IC, FI, OTH, CO, IND, NOH
  • Support available through toll-free number 1800-266-0050 (Option 1) or email msm@nse.co.in

Important Dates

  • Issue Period: November 20, 2025 to November 26, 2025 (7 days)
  • Daily Bidding Hours: 9:15 AM to 3:30 PM
  • Custodial Confirmation: 9:15 AM to 3:30 PM (regular days), 9:15 AM to 4:00 PM (issue closure day)
  • Circular Date: November 18, 2025

Impact Assessment

Market Impact: High - This is a significant corporate action involving one of India’s largest IT companies. The buyback of up to 10 crore shares at Rs. 1800 per share represents a total value of approximately Rs. 18,000 crores, which will impact market liquidity and shareholding patterns.

Investor Impact: Eligible shareholders across eight investor categories (FII, Mutual Funds, Insurance Companies, Banks & Financial Institutions, Other QIBs, Bodies Corporate, Individuals, and Other Non-Institutional Investors) can participate. The fixed price tender offer provides certainty on exit price.

Operational Impact: Trading members must ensure platform readiness and user access setup. The one-share lot size provides flexibility for small shareholders to participate. The 7-day bidding window provides adequate time for participation across all investor categories.

Technical Requirements: Members utilizing the web-based bidding platform for the first time will need to complete admin terminal setup and user creation before the November 20 start date.

Impact Justification

Major buyback offer of Rs. 18,000 crores (10 crore shares at Rs. 1800) by large-cap company Infosys requiring participation through NSE's web-based bidding platform