Infosys share price is back in focus as the company gears up for one of its largest buyback programmes so far. In today’s trading, the share price of the company surged over 3% in the intraday trading session.
With the tender window opening on November 20, investors now have only a short time to decide whether they want to participate.
Let’s now take a look at seven key details every shareholder should know before the deadline –
Infosys Buyback 2025: Buyback window opens November 20
Infosys, India’s second-largest Information Technology (IT) services company has announced that its Rs 18,000-crore buyback will open for investors on Thursday, November 20, and close on Wednesday, November 26 at 5 PM.
As per the company’s filing, “Last date and time for receipt of completed Tender Forms and other specific documents by the registrar to the buyback is November 26 by 5 PM.”
Only shareholders who tender their shares within this period will be considered.
Infosys Buyback 2025: Record date already passed
The record date for the buyback was Friday, November 14. This means shareholders who held Infosys shares on or before November 14 qualify to participate.
Infosys will buy the shares at a fixed price of Rs 1,800 per share, which will be paid only to eligible investors.
Infosys Buyback 2025: Share entitlement ratio – Different for retail and general investors
Infosys has shared the entitlement ratio, which tells investors how many shares the company will definitely accept from those tendered.
– Retail investors (small shareholders): 2:11
This means Infosys will accept 2 shares for every 11 shares held.
– General category (institutional and non-institutional): 17:706
Infosys will accept 17 shares for every 706 shares held.
The final acceptance may be higher depending on how many investors participate.
Infosys Buyback: What Infosys aims to achieve with this buyback
Infosys is funding the buyback entirely from its internal reserves. The company has said the decision is part of its long-term capital strategy to return surplus cash while balancing future operational needs.
Infosys also reiterated its capital allocation plan, “Effective from financial year 2025, the Company expects to continue its policy of returning approximately 85 per cent of the free cash flow cumulatively over a 5-year period…”
This means the company will keep distributing most of its free cash through dividends, buybacks or special dividends.
Infosys Buyback: How shareholders can tender their shares
Investors can participate only through a stockbroker registered with the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE).
Steps to tender shares
- Inform your stockbroker about how many shares you want to tender.
- The stock exchange will generate a Transaction Registration Slip (TRS) as confirmation.
Investors holding physical shares must submit:
- The signed tender form
- TRS
- Required documents to the registrar (KFin Technologies) before 5 PM on November 26.
- Investors holding dematerialised (Demat) shares do not need to send any physical forms.
Kotak Mahindra Capital Company is the manager of the buyback.
Infosys Buyback: Previous buybacks snapshot
2017: Rs 13,000 crore at Rs 1,150 per share
2019: Rs 8,260 crore
2022: Rs 9,300 crore at Rs 1,850 per share (open market route)
The 2025 buyback is the largest ever at Rs 18,000 crore.
Notably, promoters including Nandan Nilekani and Sudha Murty are not participating in the buyback. Their combined holding is 13.05%.
Infosys Buyback: Tax rules investors should know
Gains made through tendering shares in a buyback are taxed as capital gains, not as buyback tax (which companies used to pay earlier).
Short-term or long-term tax will apply depending on the holding period.
Infosys shares: Where the stock stands now
Infosys shares have been reacting to buyback-related news. As of now, the share of the company is trading over 3%. In the last 5 one, the shares of the company delivered a return of 5%. So far, in 2025, the stock price of Infosys delivered a negative return of 18%.
