IT major Infosys Ltd has fixed Friday, November 14, 2025, as the record date for determining shareholder eligibility for its Rs 18,000 crore share buyback, the company announced in an exchange filing.
The buyback, approved by the board on September 11, 2025, will be conducted at a price of Rs 1,800 per equity share, making it the company’s largest repurchase programme to date. Shareholders whose names appear on the company’s register as of the record date will be entitled to participate.
“Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 9(i) of SEBI (Buy-Back of Securities) Regulations, 2018, the Company has fixed Friday, November 14, 2025 as the Record Date for determining the entitlement and names of equity shareholders eligible to participate in the buyback,” Infosys said in its filing.
Infosys clarified earlier that its promoters and promoter group will not participate in the buyback. As of September 30, 2025, the promoter group collectively held 14.30% of the company’s equity, with the remaining 85.46% owned by the public. Among individual promoters, Nandan Nilekani held 1.08%, NR Narayana Murthy 0.40%, Sudha Murthy 0.91%, Rohan Murthy 1.60%, Akshata Murthy 1.03%, Kris Gopalakrishnan 0.84%, and Sudha Gopalakrishnan 2.52% — the largest individual stake among promoters.
The buyback represents up to 2.41% of Infosys’ total paid-up equity share capital, and will be funded entirely by public shareholders’ participation.
Following the Union Budget 2024 amendments, buybacks executed after October 1, 2024 are taxable in the hands of investors as deemed dividend under the head “income from other sources,” rather than being taxed at the company level. Investors will therefore pay tax on the total amount received as per their applicable income tax slabs.
The board of the IT major on September 11 approved repurchase of up to 10 crore fully paid-up equity shares of face value Rs 5 each, representing 2.41 percent of the total paid-up capital, at a price of Rs 1,800 per share.
At Rs 1,800 per share, the buyback offers investors a premium over the prevailing market price and an opportunity to monetise part of their holdings amid favourable tax and liquidity conditions.
Infosys Buyback History
Infosys has previously undertaken four buybacks. The first was in 2017 for Rs 13,000 crore, followed by Rs 8,260 crore in 2019, Rs 9,200 crore in 2021, and Rs 9,300 crore in FY23.
What is a Share Buyback?
A share buyback is a process where a company repurchases its own shares, reducing the number of outstanding shares in the market.
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