India Inc Shares Buyback

The US Securities and Exchange Commission (SEC) has granted exemptive relief for Infosys' share buyback as requested by the company, according to a statutory filing on Friday. The exemptive relief from the US securities' regulator is on certain aspects of the tender offer procedures, due to conflicting regulatory requirements between Indian and US laws for tender offer buybacks, Infosys said in the BSE filing. The Board of India's second largest IT services company on Thursday green-lit its largest-ever share buyback programme worth Rs 18,000 crore. The record buyback entails Infosys buying 10 crore fully paid-up equity shares of a face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at Rs 1,800 per share. "We would like to inform you that, by way of a letter from the SEC dated September 11, 2025, the company has obtained the requested exemptive relief from the SEC," it said. The letter, it said, will be publicly available on the SEC

Share buybacks have nearly disappeared post October 2024 as new tax rules impose higher liability on shareholders, making dividends a simpler and more efficient route

Bengaluru-headquartered IT firm Mindtree witnessed its promoter L&T Group buying 0.4 per cent stake in the company through open market operations for around Rs 58 crore during this period.

According to investment bankers, these companies are looking to buy back shares to shore up the share prices by reducing the outstanding free float available in the market

In a fivefold jump over previous year, spurt comes even as stocks rally 20%