The board has approved the buyback of up to 10 crore equity shares, representing up to 2.41% of total outstanding equity shares. The buyback will be executed via the tender offer route at Rs 1,800 per share, aggregating to a maximum outlay of Rs 18,000 crore.
The buyback size does not exceed 25% of the aggregate standalone and consolidated free reserves and paid-up share capital of the company.
The buyback offer price is at 19.25% premium to the scrip’s previous closing price of Rs 1509.50 recorded on BSE yesterday.
The buyback is subject to shareholder approval through a special resolution via postal ballot. The promoters and promoter group have expressed their intention not to participate in the buyback.
Infosys is a global leader in next-generation digital services and consulting.
The company’s consolidated net profit had declined 1.59% to Rs 6,921 crore despite a 3.31% increase in revenue from operations to Rs 42,279 crore in Q1 FY26 over Q4 FY25.