Overview
- Infosys plans to repurchase up to 10 crore shares, equal to about 2.41% of paid-up equity, through a tender offer running Nov. 20–26.
- Buyback price is fixed at Rs 1,800 per share, with Kotak Mahindra Capital as manager and KFin Technologies as registrar.
- Entitlements are set at 2:11 for small shareholders and 17:706 for the general category, based on the Nov. 14 record date.
- A 15% reservation applies to small shareholders, with 2,585,684 investors classified under this category as per the filing.
- Post-window dates include registrar verification by Dec. 1, acceptance intimation on Dec. 2, settlement and payment on Dec. 3, and share extinguishment by Dec. 12, while shares traded higher on Wednesday following the update.