Infosys announces record date for equity share buyback of Rs. 18,000 crore

The company has booked November 14 as the record date.

This is the company's second biggest buyback in its history. It was approved by the Infosys board on September 11.

Earlier in 2022, the company had conducted a buyback worth Rs. 9,300 crore.

"Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements), the Company has fixed Friday, November 14, 2025 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback," the company's statement reads as quoted by Financial Express.

The record date is the cut-off date set by a company to determine which shareholders are eligible to participate in a corporate action

Only investors who hold Infosys shares in their demat account as of this date will be eligible to tender (sell) their shares in the buyback.

The buyback offer is open to all shareholders with 15 percent of them reserved for the small investors.

The IT firm will be buying back upto 10 crore shares that represents upto 2.41% of equity at Rs. 1,800 per share.

"Since the promoters and the promoter group of the Company have declared their intention to not participate in the Buyback, Equity Shares held by them have not been considered for the purposes of computing the entitlement ratio," the company said as quoted by Business Today.