Infosys announces INR 18,000 crore share buyback program

Infosys Limited announced a buyback of up to 10,00,00,000 equity shares, representing 2.41% of its paid-up share capital, for an aggregate consideration of up to INR 18,000 crore. The buyback price is set at INR 1,800 per equity share, executed through a tender offer on Indian stock exchanges. This initiative, approved by shareholders on November 6, 2025, and by the board of directors on September 11, 2025, aims to utilize current surplus and cash balances.

The public announcement, dated November 7, 2025, appeared in newspapers on November 10, 2025. Kotak Mahindra Capital Company Limited is appointed as the manager for the buyback. The program will ensure 15% of the offer is reserved for small shareholders, with any untendered shares adjusted into the general category. Non-resident shareholders, including ADS holders who convert to equity shares, are eligible, subject to regulatory approvals.

The board has confirmed its ability to meet all liabilities and operate without insolvency for at least one year following the buyback. The company also affirmed it will not issue new shares or raise further capital for one year post-buyback, except for subsisting obligations. Infosys reiterated its commitment to maintaining minimum public shareholding and compliance with all relevant regulations throughout the buyback period.