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Infosys Confirms Rs 18,000 Crore Buyback As Filings And Deals Move Indian Stocks

Investors are trading on official disclosures that return cash to shareholders and launch new projects, producing outsized moves across blue chips and small caps.

Overview

  • Infosys approved a tender offer to repurchase about 10 crore shares for Rs 18,000 crore at Rs 1,800 each, a 19.24% premium to Thursday’s close, amounting to roughly 2.41% of equity as the stock rose around 2%.
  • Apollo Micro Systems, through its subsidiary, signed an MoU with US-based Dynamic Engineering and Design for technology transfer, co-development and licensed production of BM‑21 Grad rocket motors in India, with shares up more than 3.5%.
  • Ola Electric disclosed promoters pledged 10.71 crore shares—2.43% of total equity and 8.09% of promoters’ holding—as collateral via Axis Trustee for multiple lenders tied to Krutrim Data Centre debentures, and the stock fell roughly 3%.
  • Sigachi Industries announced a Rs 0.10 per share dividend with a 16 September record date, as heavy volumes drove a 16% jump on Thursday and a further gain of over 12% on Friday.
  • Kellton Tech said its cloud-native engineering and low-latency streaming underpinned Sony Liv’s Asia Cup 2025 digital delivery at global scale, with the stock modestly lower after recent gains.