Buyback opens on 30 November 2017 and closes on 14 December 2017
Infosys announced the details of the proposed buyback of shares -
Record date for buyback of shares - 01 November 2017
Buyback opens on 30 November 2017
Buyback closes on 14 December 2017
Last date of receipt of completed tender forms and other specified documents including physical share certificates by the RTA - 18 December 2017
Last date of Settlement of bids on the stock exchange - 26 December 2017.
The buyback offer will comprise a purchase of up to 11,30,43,478 Equity Shares, aggregating to 4.92% of the paid-up equity share capital of the Company at a price of Rs 1,150 per Equity Share for an amount not exceeding Rs 13000 crore.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app