Infosys Limited Buyback 2025
Company Overview: Infosys Limited, founded in 1981 and headquartered in Bengaluru, is a leading global IT services and consulting firm.
Business Operations: It provides services in digital transformation, consulting, application development, cloud, AI, cybersecurity, and business process management across industries.
Global Presence: Infosys operates in 50+ countries with over 3,00,000 employees, serving clients worldwide.
Financial Strength: It is one of India’s top IT companies with a market capitalization of over USD 70 billion, consistently delivering strong revenues and profits.
Innovation & Technology: Infosys invests heavily in AI, automation, blockchain, and cloud services, and runs innovation hubs in the US, Europe, and Asia-Pacific.
Sustainability & Recognition: The company is committed to ESG initiatives, has been carbon neutral since 2020, and is listed on global sustainability indices.
Buy Back Offer Deal:
| Buyback Type: | Tender Offer |
| Buyback Record Date: | Nov 14 2025 |
| Buyback Opening Date: | Nov 20 2025 |
| Buyback Closing Date: | Nov 26 2025 |
| Buyback Offer Amount: | ₹ 18000 Cr. |
| Date of Board Meeting approving the proposal: | Sep 11 2025 |
| Date of Public Announcement: | Sep 11 2025 |
| Buyback Offer Size: | 2.41% |
| Buyback Number of Shares: | 10,00,00,000 |
| FV: | 5 |
| Buyback Price: | ₹ 1800 Per Equity Share |
Details of Buyback:
Salient financial parameters:
| Particular (in cr) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| Sales + | 100,472 | 121,641 | 146,767 | 153,670 | 162,990 |
| Expenses + | 72,583 | 90,150 | 111,637 | 117,245 | 123,754 |
| Operating Profit | 27,889 | 31,491 | 35,130 | 36,425 | 39,236 |
| OPM % | 28% | 26% | 24% | 24% | 24% |
| Other Income + | 2,201 | 2,295 | 2,701 | 4,711 | 3,600 |
| Interest | 195 | 200 | 284 | 470 | 416 |
| Depreciation | 3,267 | 3,476 | 4,225 | 4,678 | 4,812 |
| Profit before tax | 26,628 | 30,110 | 33,322 | 35,988 | 37,608 |
| Tax % | 27% | 26% | 28% | 27% | 29% |
| Net Profit + | 19,423 | 22,146 | 24,108 | 26,248 | 26,750 |
| EPS in Rs | 45.42 | 52.56 | 58.08 | 63.2 | 64.32 |
| Dividend Payout % | 59% | 59% | 58% | 73% | 67% |
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Amount Invested in Buyback | 169164 | 169164 | 169164 | 169164 |
| No. of Shares Buyback | 36 | 55 | 83 | 111 |
| Buyback Profit | 9936 | 15180 | 22908 | 30636 |
| Profit% | 5.87% | 8.97% | 13.54% | 18.11% |
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RETAIL ACCEPTANCE 69% (PLUS OR MINUS 3%)
sounds reasonable but I’m bit highly optimistic of 100%
Total Shares Submitted – 82,61,02,831
Total No of Orders- 5,38,850
Out of Total Shares , Shares Submitted Individual Category- 4,33,08,368
Hoping AR will be more than 55%
It’s certain that for retail folks, its surely more than 34% and who knows may be 100%. 1 share ‘ll go 100%.
Rachijit can you also help us with the GHCL dat if possible.
Hi everyone today is the last day. Any idea what will be the acceptance ratio in general ( non – retail category) ?
In General Category AR will be below 10%
Thanks
VLS FINANCIALS ANNOUNCED A BUYBACK WORTH 100CRORES AT Rs.380 PER SHARE REPRESENTING 7.71% OF THE EQUITY SHARE WITH RECORD DATE BEING FRIDAY,12th DECEMBER 2025… THE PROMOTERS OF THE COMPANY HAVE EXPRESSED THEIR OPINION TO PARTICIPATE IN THE BUYBACK…
how come this much difference in retail (small) shareholders shares at buyback document compared to Sep 25 shareholding structure. As per Sep-25 shareholding pattern available at BSE , number of shares held by small shareholders (<2L) is 28,44,30,099, but as per buyback document from infy now its mentioned as 8,25,43,948 … Any view why this case ?
which is the reason for high Entitlement ratio for retail shareholders.
i checked the bse website it is written NOMINAL SHARE CAPITAL which is FACE VALUE… infosys face value is 5 so this number is showing the number of shareholders having share with FACE VALUE upto Rs.2L wich is essentially 40,000 shares… but retail eligibility is calculated on byback price value
Thank you Ji. It helps.
ER for Reserved Category – 18.18%
Sir,
How do get this information 🤔 so fast?
Pls guide!
exchange fillings
17 equity for 706 shares for gen category
2 for 11 in reserve category
Fairchem Organics to Consider Share Buyback
chatGPT is saying we can’t by today Nov13 infosys shares
To participate in the Buyback is that right ?
Ai like chatgpt use investor zone and chittorgarh info for answering questions,don’t rely on them.
It was showing 27 oct as record date for infy earlier and tds deduction on even 1 share applied for bb.
So people who blindly believe in them need to think about that.
I do think ChatGPT can give some amazing answers but its been censored a lot, I’ve tried jailbreaking but its of no use. Its better to use old school google as well. At this point trump tweets are more accurate for directional bets then any AI as of now. LOL
Does mutual funds participate in the Infosys buyback ?
Because, the new taxation rule may impact mutual fund house
I asked this question multiple times but no one give me proper answer of this question
I have analysed a few post buyback announcement… I saw some funds do participate in buyback… We will get more clarity in this buyback as Institutes hold a significant portion of this
Obviously they participate if they don’t then acceptance ratio of hni will 100% ….but tax structure kse adjust kr pate h ye log vo smj nhi ata
As per my best knowledge,(I am a CA student and not qualified one) Mutual funds do not pay any tax on the income or capital gain… When the investor redeem the unit, then the investor needs to pay tax… But mutual fund donot pay any tax… The fund house commission(expense ratio) is taxable both with both gst and income tax… So, this buyback tax never apply for them
But sir TDS to mutual fund house ko bhi deduct krke he paise milega ….to sir bat to vhi pad jayegi
There are many reason to deduct TDS, one of which is to ensure that the person receiving such amount do not forget to show his income and can’t evade its taxes… these mutual fund houses can avoid TDS by filling a declaration that the income received by them is not taxable or they do not fall in taxable category… moreover,agar tds deductible bhi hai toh unko uska refund mil jata h
“please be informed that the meeting of Board of Directors of the Company is
being postponed since due to non-availability of the majority of Independent Directors of the
Company.” A letter from Nureca
What a joke
Can Someone please clarify this query — if the promoter is not participating in the buyback, will retail investors (holding shares worth less than ₹2 lakh) actually benefit? Since the retail investor quota is fixed at 15% of the total shares announced for buyback
Well..i don’t think promoter participation effect retail AR cause promoter participate in general category and not retail…also, I want you to understand that this is an 18,000 crore buyback… At 15% General quota, it is 2,700 crore.. This is a massive figure… I am expecting a 30% AR in retail category and suggest you to do your calculations as per the same
Market has recovered
Ghcl and infy too
Eclryx is falling
Nurecca is going to have a buyback
Happy weekend ☺️
At what levels should we enter shivang?
Below 4100 aditya ji, what yash bhai and rachit ji say ??
SR for Buy Back Approved by Share Holder !! Record Date 14th November, 2025!!
Since the record date for the buyback is fixed, how much time can the company take to open the buyback window? Is there a maximum period specified by regulations for when shareholders will be able to tender their shares after the record date?
In the draft letter of offer available in Company’s Website, they have mentioned that LOF will be dispatched within 2 working days of Record date and tendering period will start within 2 working days of the dispatch of the Letter of Offer… So, friday is the record date, we’ll receive LOF by Tuesday, and offer will open by Thursday.. It will remain open for 5 working days.
Infy gir kyu rha h
Filhal i think American markets k karan… Kuch dino se american market bht uncertain h… Plus company ki AI adaption policy bhi ek threat h…I don’t think we’ll make money in this buyback… Either we’ll make a loss or breakeven
Acceptance ratio me kya difference create hoga isse ? Retail category me
Agar buyback price aur market price mai jyada difference hua toh participation jyada hoga toh AR kam aayega
The tech industries falling in US markets, INFY been listed on NYSE faced same fate.
Nureca Limited Secures SEBI Nod for Share Buyback Amid Merger Process.
Lets assume if my 5 shares of Infosys is accepted in the buyback what would be the pay out
Is it 5*1800 = 9000
Or
Is it (5*1800)- 10% tds = 8100
Considering I have received 1000 from other buy back eg. Tanla
Mr Imran, This buyback consideration is as a dividend that company is paying you… As per the Income Tax Act, The company shall deduct TDS at the rate of 10% if the consideration paid during an year exceeds 10,000…. So, if INFOSYS have paid you any dividend earlier in this financial year, that will also be considered in 10000 limit… For eg, you purchased 100 shares and tendered it, infy recently paid 40rs per share as dividend making your dividend as 4,000… Now suppose they accept 10shares in buyback, they’ll pay you Rs.18,000 as deemed dividend.. Total money received by you is now Rs22,000 which is well above 10k limit. So, this is how we calculate if Dividend provision apply for you… Also, every company have their own 10k limit
You will get 9000
“”However, no tax shall be deducted to resident individual shareholders if the total of all dividends and buyback consideration as dividend to be received by them during financial year 2025-2026 does not exceed in aggregate ₹ 10,000.””
I found these lines from the letter of offer in Infosys Buyback. So my question is the aggreate rs 10000/- is only from Infosys or the total dividend received from other companies in FY 25-26
E voting results today or 7th of nov
Pls clarify rachit ji
Result Out and Buy Back Approved !!
I thought of buying in spot, selling futures to avoid risk from share falling, is it doable. I am in doubt cause i dont see ppl talking about it around too much.
I am holding a future contract buy Nov Expiry… The spot is 1480 and my Fut is 1472… Clearly a 8rs difference… It is new for me too.. I’m suffering a loss currently
on the ex date the futures was = spot, both @1500, i thought of doing it then.
I have seen a pattern that during the period of approval of Voting and recrd date, we generally see buying. thats why i entered a Future At 1510. but the future is currently 10rs less than spot… i think markety already balances it out… so, there is always a risk associated with it… also, brokers like groww dont let you executive the contract and auto square up the position. i am waiting for record date to exit my future’s long
Can we submit form 15G/15H to avoid tds on buyback income?
U can’t avoid but u can file ITR and claim
Under Section 10(34A)of the Income Tax Act, the income received by a shareholder from a company’s buyback of shares (as per Section 115QA) is exempt from tax in the hands of the shareholder, the company itself pays a buyback tax (currently 20% + surcharge + cess before distributing the money to shareholders. These forms are used to prevent TDS on interest income (like from FDs, RDs, etc.) when your total income is below the taxable limitt they don’t apply to buyback, dividend, or capital gains income.
As per the finance Act (2) of 2024, effective from 1st Oct 2024, the proceeds from buyback will be considered as deemed divided in the hand of the shareholder while the company need not to pay any tax on buyback… However, the cost of acquisition can be claimed as STCG/LTCG loss, as the case maybe
Experts give opinion about ghcl buyback.
Also price will fall because of poor results or stable because of buyback with record date.
For some reason this buyback is not exciting me but one can invest with spare capital. I am full force on INFY and other IPOs. might stay away from this due to capital constraints.
GHCL Limited has approved a share buyback program of 4,137,931 equity shares at ₹725 per share.
Record date 14 Nov..
in which category should we apply?
Retail or general category, which one is better for more AR?
Generally, retail has more AR than general category
In case of Infy, AR for retail category will be more as compare to General.
GHCL to Consider Equity Share Buyback Proposal in Upcoming Board Meeting
If i am not mistaken the meeting is on 1st Nov..
Record date not declare yet but here is is showing 14 November. Can any one clarify it.
Company in its buyback update to BSE has indicated the record date to be around 14 Nov 2025..
Thankyou Sir
Is TDS deducted even if i tender just one ahare?
TDS is deducted on consideration above 10,000…so for one share, no tds will be deducted.. But you will still have to pay taxes if you fall in taxable slab
Thanks Aditya for confirming..👍👍
In infosys will one share strategy will work?
It should work because buyback size is big, but, there is no guarantee..
eClerx Services announced a 300crore buyback at Rs. 4500 a share which is 1% premium over it’s CMP on 24Th October… Not at all a lucrative buyback.. Stock likely to fall on Monday
🙂 how funny they set this price, i mean who will tender their shares for 1% gain.. considering all this new Tax implications… also looks like there will be 1 month of voting period.
promotor not participating.
Price will reach 4000-4050 level soon,it’s q quite good entry zone
If price stays at 4,000 levels and you’re in zero tax category then 100% AR in retail is expected which is a good 10% return… But it all will be adjusted in TDS which will be refunded next year.. Also, I think we should wait until the shareholders approval to make position
Will one share strategy will work in eClerx Services??
What could be the estimated ER and AR in both the categories?
Expert’s can say , it will be useful for taking the positions
U believe that the board is doing this buyback under pressure.. The company should be investing in AI rather than capitalising it’s reserves… So, AR will be low especially in general category… In reserved category, I think maximum 30%
What is the difference between general category and reserved category ? Does general category refer to retail one and reserved category refers to HNI One ??
Since promoters are not going to participate under which category would be more AR and what will be that ??
Finally in order to go into HNI category we need to have at least 112 shares [200000/1800 – > 111] before record date is that correct ?
Gentlemen, in order to do a fair chance to small shareholders.. It is required that 15% of the total buyback size must be reserved for shareholder having shares worth less than 2Lakhs…this is to ensure that the buyback benefits to retailers as well and not to only Institutes… Most of the times, AR for reserved category is more than general category.. But sometimes, like that in Tanla 2025,AR for general can exceed reserved due to excess participation by retail
INFOSYS — Promoters to Skip ₹18,000 Cr Buyback 🔵
It will benifit HNI people as their A.R will better now.
Promoters have informed that they will not participate in forthcoming Buy back of Infosys
Certainly a good news
very good news.
But since promotor holding is only 14% , because of no participation, ER will just increase by 0.5% for general category.
Will Buyback Corporate action have any impacts on F&O ? like Extraordinary dividends have impact on F&O prices
No, buybacks do not directly adjust F&O prices or lot sizes like extraordinary dividends do. However, they can still indirectly affect F&O premiums, IV, and market behavior especially near the buyback record date or announcement. I could be wrong other members can enlighten on this….
Thanks for the response and the details.
Yash ji,Rachit ji,and all the respected members, thanks for all the knowledge and guidance u are providing.
Wishing you all a happy and prosperous diwali 💫
eClerx Services Limited to consider proposal for buy back on 24-oct-25
I think The max buyback can be 550crores which is small for a 20k crore company… If it gets approve, it’ll be somewhat 2-3% of total equity
Last Year AR was 15%
Now will be around this only or lower.
Wait for size and buyback price.
Last time AR near about 27%.not 15
Yash bhai tomorrows price expectations??
Looking at last year (16 May 24) opened gap up, speculation often drives the stock up traders anticipate a premium buyback price. But can backfire as well (Companies may adjust prices as seen in past) Its a wait and watch for me until the meeting outcome.
Wh
Wha, what a superb comment bro. This one crossed the buyback price today. Poised for a crash in the coming sessions unless the manipulaters manage to prevent that…
Infosys result: what else needed 🙂 …. QoQ, YoY profit, revenue increased, good dividend announce, buyback on the way , Revenue guidance increased… i feel stock will reach buyback price soon..
ADR Down 2%
yes, i just saw that. Any reason why ?
Maket don’t like it
Can we expect a fall Tommorow on 17 oct??
Infosys Q2 results: Net profit jumps 13% to Rs 7,364 crore; announces Rs 23 dividend. Operating profit for the quarter came in at Rs 9,353 crore, an 8.1 per cent increase from the year-ago period.
Update from sources and grey dealers
“`BUY BACK“`
“`INFY“`
_RECORD DATE_
*15/11/2025*
Rachit sir, Yash bhai and other members what are the chances that the bb will approved by shareholders???
I’d put the chance of shareholder approval very high 80-90%. Only ~10 crore shares / ~2.41% of paid-up equity, so it’s not a huge capital-structure change that would alarm investors. Tender-offer buybacks at a premium are typically welcomed. In India, almost all large-cap IT buybacks (Infosys, TCS, Wipro, HCL Tech) in the past decade have been approved because they reward shareholders. Infosys generates significant free cash flow. It has a policy of returning a large share (≈ 85%) of its free cash flow over multi-year periods via dividends, buybacks, or special payouts.
Chances of approval by shareholders are almost 100%. However, this buyback does not appear very lucrative, as I expect higher participation from small shareholders, particularly due to the single-share strategy. Consequently, the Acceptance Ratio (AR) is likely to be lower, especially if the price difference between the buyback price and the trading price (TP) exceeds 10% prior to the buyback opening.
You are right ranchitji, Given the hype and the high premium, oversubscription is very likely, which pushes the acceptance ratio lower. If oversubscription is heavy the actual ratio may lean toward the lower side of that range (5-10 %). Would love to know your view on non-retail or passing this one.
What is the maximum percentage of Infosys’ share buyback, and does it represent a good investment opportunity?
Record date expected around november 14
E voting complete on 04.11.2025
Trading @1445 any suggestions
can start building positions but you need to get in mind that it will take at least 2.5-3 months for Infy to complete the process…. alternatively, we can wait until resolution to pass
Ok sir for 2-3 month it will be a good swing candidate
Seems the purpose of Infosys Buyback is to give exit to Large Investors.
It seems Buyback will only happen in 2026.
Wait for quarterly results for Sep and Dec before taking a position for Buyback.
Price may correct even below 1400 after results.
very true gentleman…now, even i think that this buyback is to boost share price in the short term and give exit to shareholders.. now that 50% of there revenue is in danger, price is falling and hence institute is pressurizing the board
Infosys is not initiating it’s E-voting for Special Resolution… I think the board’s buyback news was just to stabilise the price
can anyone answer this? is something fishy ? there are some views like at Finshorts opposing infosys buyback .. lets wait and watch
Where can we see the price in coming week?
expert pls give opinion 1350-1400-1450
Is it Right time to buy in parts
Added at 1482 today
Will more at 1450 as there is a gap near This level
“If Infosys or TCS had to spend ₹88 lakhs per person every year on their US employees, it wouldn’t be practical. For just 8,000 H1B holders, Infosys would need ₹8,800 crore annually — almost equal to their quarterly net profit ☹️. Not sure if my calculations are right, but it seems like a very bad time for Indian employees in the US and for the Indian IT companies.’’
On Trump Recent Executive Order
Price Movement expected at Infosys on Monday , let’s see
Tomorrow we can expect a good downfall in its price
the company is not initiating the e-voting for the resolution… any update on when it can happen?
Expert’s can say what would be the AR in retail and general category?
Which category is best to participate?
And what will be the record date?
30% is the safe zone I’m expecting
Is If i am in tax slab of 30 % than what will happend
If you’re in 30% slab… You’ll have to pay 30% in the entire amount received as buyback prize.. Plus a 4% Cess on such tax amount.. Better to ignore it altogether
Please give the views if I am in 30 % tax slab ??
Clear cut avoid
Good
What will be the aprrox timeline for the buyback?
Record date?
What should be expected price range for buy
Buy near 1450 if you are in Zero Tax Category
Good