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Infosys buyback to begin on November 30

The IT bellwether has set the last date of settlement of bids on the stock exchange on Dec 26

Infosys headquarters in Bengaluru
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Infosys headquarters in Bengaluru

Ayan Pramanik Bengaluru
Information technology (IT) bellwether Infosys on Friday said its share buyback offer would begin on November 30 and close on December 14. 

The IT services major issued the letter of offer for the same. It said the letter along with the necessary forms would be dispatched to the eligible shareholders who appeared on the record date of November 1. 

Infosys has set the last date of settlement of bids on the stock exchange on December 26, while the last date to receive complete tender forms and other specified documents, including physical share certificates by the RTA, is December 18. 

The company had announced