Infosys Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Infosys Buyback 2022

Infosys Buyback 2022 description – Infosys provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is India’s second largest Information Technology (IT) company. Digital services are the mainstay of the company and contributes 57% of the revenues.  These services enable its clients to transform their businesses. Infosys includes offerings that enhance customer experience, leverage AI-based analytics and big data, engineer digital products and IoT, modernize legacy tech systems, migrate to cloud applications and implement advanced cyber-security systems.

Infosys Limited Buyback 1

The company also offers traditional offerings including application management services, proprietary application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation and support and integration services.

Infosys also offers various services through its key products and platforms viz. Infosys Finacle, Infosys McCamish, Panaya, Infosys Meridian, Helix, Equinox, Wingspan, Edgeverve, Stater and others.


Infosys Share Buyback 2022 Details

Infosys Buyback Dates7 December 2022 – 13 February 2023
Infosys Buyback Maximum Price INR 1,850 per share
Market Price on Buyback ApprovalINR 1,419.75 per share
Buyback Premium on Market Price30.30%
Buyback Offer Size (Minimum Shares)50,270,270 shares
Buyback Offer Size (Maximum Amount)INR 9,300 crore
Offer TypeOpen Market
Promoter ParticipationNo
Face Value INR 5 per share
Listing AtBSE, NSE

Buyback Closure Details

Buyback Average PriceINR 1,539.06 per share
Buyback Offer Size (Shares)60,426,348 shares
Buyback Offer Size (Amount)INR 9,300 crore

Infosys Buyback Dates (Timeline)

Board Meeting for Buyback Proposal13 October 2022
Buyback Approval Date13 October 2022
Public Announcement of Buyback6 December 2022
Buyback Record DateNot Applicable
Buyback Opening Date7 December 2022
Buyback Closing Date13 February 2023

Infosys Buyback 2022 Documents

Completion of Buyback
Public Announcement
Board Approval
Upcoming Share Buyback


Infosys Buyback Entitlement Ratio

There is no shareholder entitlement since the buyback will be conducted through open market purchases.


Infosys’ Financial Performance

FY 2020FY 2021FY 2022
Total Income79,04785,9121,03,940
Total Expenses59,12661,58176,240
Net income 15,54318,04821,235
Figures in INR crore unless specified otherwise

Registrar of Infosys Buyback 2022

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91- 800-309-4001
E-mail: [email protected]
Website: www.kfintech.com


Manager of Infosys Buyback 2022

KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone : +91-22-4336 0128
Email : [email protected]
Website: www.kotaksecurities.com


Process to Participate in Infosys Buyback

Buybacks are conducted either through open market or through a tender process.

Through Tender Process

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stock broker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Through Open Market

Investor shareholders don’t have to do anything as the company purchases shares through the open market at the prevailing rates and cancels the shares. Since the shares in circulation are reduced by these operations, the fair value of the remaining shares increase, effectively making them more valuable.


Frequently Asked Questions

When does Infosys share buyback offer open?

Infosys share buyback opens on 7 December 2022 and
closes on 13 February 2023.

Which type of buyback is Infosys buyback offer?

Infosys buyback is an open market offer.

What is Infosys buyback price?

Infosys buyback price is INR 1,850 per share.

What is Infosys buyback record date?

Infosys buyback record date is Not Applicable.

How to participate in Infosys buyback?

Infosys buyback will be conducted through open market purchases and thus investors can’t tender their shares.

2 COMMENTS

  1. I am holding Infosys shares in my Dp A/c
    I want to participate in buyback scheme.Please send offer
    Letter or send information in this regard

  2. I am holding Infosys shares in my Demat A/c
    I want to participate in buyback scheme.Please send offer
    Letter or send information in this regards

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