The spotlight in the Indian stock market today is on Infosys, as the company’s latest ₹18,000-crore buyback officially opens. It’s the biggest buyback in the company’s history, and naturally, retail investors want to understand the timelines, eligibility rules, and how the tendering process works.
Market Performance Snapshot
The focus for most participants in the market today remains on:
- Infosys buyback opening date: November 20
- Infosys buyback closing date: November 26
- Infosys buyback record date: November 14
Only shareholders who held Infosys shares on November 14 are eligible to tender in the ongoing buyback.
Infosys Buyback: What’s Happening Today
Infosys has opened subscriptions for its ₹18,000-crore share buyback, allowing eligible shareholders a five-day window to tender their shares. The buyback is being executed through the tender route, and the timeline is fixed no extensions, no changes.
This has naturally brought attention to keywords like Infosys share buyback, Infosys stock price, and Infosys buyback details, as investors assess the structure and mechanics of this corporate action.
Infosys Buyback Details: Key Numbers to Know
Infosys has laid out a clear framework for the programme. The buyback includes specific quotas, equity limits, and participation breakdowns.
Core Buyback Structure
- Total Buyback Size: ₹18,000 crore
- Number of Shares to be Repurchased: 10 crore fully paid-up shares
- Face Value: ₹5 per share
- Percentage of Total Paid-Up Equity Capital: Up to 2.41%
- Infosys Buyback Price: ₹1,800 per share
Small Shareholder Reservation
- Reserved Portion: 15% of the shares proposed to be bought back, or entitlement, whichever is higher
- Number of Small Shareholders: 25,85,684
- These shareholders held shares worth not more than ₹2 lakh.
Promoter Participation
Promoters and promoter group members, including well-known founding individuals, will not participate in the current buyback.
On the announcement date, the promoter group held a 13.05% stake in Infosys.
Buyback Tender Ratios
- Reserved Category (Small Shareholders): 2:11
- Meaning: investors can tender 2 shares for every 11 shares held
- General Category: 17:706
These ratios indicate the number of shares eligible to be submitted for the buyback relative to holdings on the record date.
Why the Buyback Matters for Investors
The buyback structure signals Infosys’ confidence in its financial strength. The programme is being funded entirely through internal cash and reserves, demonstrating the company’s ability to generate solid free cash flows.
The process also reduces the outstanding share count, which often supports metrics like:
- Earnings per share (EPS)
- Return on equity (ROE)
Although these shifts don’t reflect instantly in the Infosys stock price, they do indicate how the company manages capital and long-term shareholder value.
Taxation Rules Around the Buyback
Under current tax rules, buyback payouts are treated as “deemed dividends”.
This means the amount received is taxable as per the investor’s respective income-tax slab.
For shareholders, this tax treatment affects:
- Overall proceeds from tendering shares
- Effective gains from the buyback
- Whether the tendering route or open-market sale offers a better net outcome
These tax rules apply uniformly, and understanding them is essential for anyone evaluating the tendering option.
Infosys Company Details at a Glance
While today’s attention is on the buyback, Infosys continues to be one of India’s largest IT services companies with a long-standing footprint across consulting, digital services, and global technology operations.
Key details relevant in context:
- Large shareholder base
- Consistent profitability
- Strong cash flow generation used to fund the ₹18,000-crore buyback
- Structured corporate governance and transparent disclosure of buyback mechanics
These fundamentals help set the backdrop for why the buyback is a significant event in the current stock market today's narrative.
Summary
The Infosys buyback is now officially open, bringing clarity to investors who have been waiting since the announcement. With a record date of November 14, a buyback price of ₹1,800, and a total size of ₹18,000 crore, the programme stands out as the company’s largest buyback to date.
Key points:
Eligible shareholders can tender shares between November 20 and November 26
- Up to 10 crore shares will be repurchased.
- Promoters will not participate.
- Small shareholders have a 15% reserved quota.
- Tender ratios are clearly defined for both reserved and general categories.
The buyback also reflects the company’s balance sheet strength and its continued focus on efficient capital allocation.
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