Infosys Buyback 2021 announced on 14 Apr 2021. The Infosys buyback to start from 25 June 2021 to 24 December 2021. The Company will do Buyback with equity of Not Declare Equity Shares around 14.85% of Face Value Rs. ₹5/ Each Fully paid off at a Price Of Rs. ₹1750/- Per Equity. The size of this Buyback is about ₹9200 Crores. And this will be done through a Buyback Open Market.
Infosys is a global leader in next-generation digital services and consulting. They enable clients in 45 countries to navigate their digital transformation. They do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. They also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Their always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
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Infosys buyback 2021 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | Open Market |
| Buyback Offer Amount | ₹9200 Cr |
| Date of Board Meeting approving the proposal | 14 Apr 2021 |
| Date of Public Announcement | 14 Apr 2021 |
| Buyback Offer Size | 14.85% |
| Buyback Number of Shares | Not Declare |
| Price Type | Open market |
| Face Value | ₹5/- Rs. |
| Buyback Price | ₹1750/- per share. |
Infosys Buyback 2021 Important Dates
We have covered all important dates related to “Infosys Buyback 2021” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 14 Apr 2021 |
| Buyback Approval date | 14 Apr 2021 |
| Public Announcement Date | 14 Apr 2021 |
| Buyback Record Date | Open Market |
| Buyback Opening Date | 25 June 2021 |
| Buyback Closing Date | 24 Dec 2021 |
Details Of The Buyback Offer and Offer Price :
The Board of Directors of the Company (hereinafter referred to as “the Board”, which expression includes any committee duly constituted by the Board to exercise its powers, and/or the powers conferred by the Board resolution), at its meeting held on April 14, 2021, has, subject to the approval of the members of the Company, by way of a special resolution (“Special Resolution”) and subject to the approvals of such statutory, regulatory or governmental authorities as may be required under applicable laws, approved the proposal to buy back its own fully paid‑up Equity Shares of the face value of ₹5/- each (“Equity Shares”).
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the members of the Company (other than the promoters, promoter group, and persons in control of the Company) payable in cash, for an amount aggregating up to ₹9,200 crores (Rupees Nine Thousand Two Hundred Crore only) (“Maximum Buyback Size”) at a price not exceeding ₹1,750/- (Rupees One Thousand Seven Hundred and Fifty only) per Equity Share (“Maximum Buyback Price”), through the open market route through the stock exchanges, in accordance with Companies Act, 2013, as amended (“the Companies Act”), the Companies (Share Capital and Debentures) Rules, 2014, as amended, the Companies (Management and Administration) Rules, 2014, as amended and the Buyback Regulations (the transaction/process hereinafter referred to as the “Buyback”).
Buyback Public Announcement Link :
Buyback Public Announcement Link
Registrar of The Buyback :
KFin Technologies Private Limited
Selenium Tower B, Plot 31 & 32,
Financial District, Nanakramguda,
Serilingampally Mandal, Hyderabad 500 032
Contact Person: M. Murali Krishna
Phone : 1- 800-309-4001
Email: [email protected]
Manager of The Buyback :
Kotak Mahindra Capital Company Limited
27BKC, 1st Floor, Plot no. C-27, “G” Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Contact Person: Ganesh Rane
Phone : +91-22-4336 0128
Fax : +91-22-6713 2447
Email: [email protected]
Company Address :
Infosys Limited
No. 44, Electronics City,
Hosur Road, Bengaluru,
Karnataka 560 100, India.
Phone: +91 8028520261
Email: [email protected]
Website: https://www.infosys.com/
How to Participate in Infosys Ltd buyback?
The Investors are eligible for the buyback scheme who have Infosys shares in their Demat account as the Record date is Not Declare as the offer is Open Market. Investors can participate in the Infosys Buyback 2021 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Infosys buyback scheme.
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Infosys Buyback 2021 FAQs:
When is Infosys Buyback Announcement Date?
Infosys buyback 2021 announcement date is 14 Apr 2021.
When is Infosys Buyback Open Date?
Infosys buyback Open date is 25 June 2021.
When is Infosys Buyback Close Date?
Infosys buyback Close date is 24 Dec 2021.
When is Infosys Buyback Record Date?
Infosys buyback 2021 Record date is Not Declare as the offer is Open market.
What is Infosys Buyback Price?
Infosys company has fixed the price at ₹1750 per share.
What is Infosys Buyback Offer Size?
Infosys company Buyback Offer Size is ₹9200 Cr.
How to apply for Infosys Buyback 2021?
As per the record date you need to have Infosys shares in your Demat account. You can participate in buyback after having the stock in your account.
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