Infosys Buyback Window Opens Tomorrow: Key Details for Investors

Infosys buyback worth ₹18,000 crore opens for tendering tomorrow, 20 November 2025. Shareholders who held Infosys shares on the record date, 14 November 2025, will be able to submit their shares for repurchase at the fixed price of ₹1,800. The window will remain open from 20 November to 26 November. With the offer period starting tomorrow, investors now have a short and important five-day opportunity to take action. Infosys shares are also trading nearly 3 percent higher today as the market reacts to the start of the buyback window.

What Investors Should Do Starting Tomorrow

From 20 November, eligible shareholders can place a tender request through their broker on NSE or BSE. Once placed, the exchange will handle the process and credit the payment for accepted shares after the buyback closes.

Here’s what investors should keep in mind:

• You must place the tender during the five working days
• You need to check your entitlement before tendering
• Unaccepted shares will automatically return to your demat account
• Payment for accepted shares will be credited through the clearing corporation

This makes it important to review your holding and entitlement today, before the tender window opens.

Only shareholders who held Infosys shares as of 14 November 2025 can participate. If the shares were not in your demat account by the record date (for example, due to settlement delays), you will not be eligible. This rule applies equally to small and large shareholders.

Small Shareholders Have a Higher Chance of Acceptance

The buyback structure gives a clear advantage to small shareholders, defined as those holding shares worth up to ₹2 lakh. As per the Letter of Offer:

• Small shareholders are entitled to 2 shares for every 11 held (about 18.17 percent)
• Other shareholders are entitled to 17 shares for every 706 held (about 2.41 percent)

This difference in entitlement means small shareholders may see a significantly higher acceptance ratio, which can improve their effective return from the buyback.

What the Buyback Includes

Infosys will repurchase up to 10 crore shares, equal to 2.41 percent of its equity capital, at a fixed price of ₹1,800 per share. The ₹18,000 crore buyback will be funded entirely from the company’s reserves. Infosys has also stated that the offer falls within the legal limit, which caps buybacks at 25 percent of paid-up capital plus free reserves.

For investors who want a fixed exit price or want to book short-term returns, this buyback gives a clear opportunity.

Promoters Will Not Tender Their Shares

The promoters and promoter group have chosen not to participate in this buyback. This includes members of the founding families. Their collective holding remains 54.20 crore shares, and even though they are not selling, their percentage stake will increase slightly once the total outstanding shares come down after the buyback.

Non-participation sends two signals:

• Promoters expect long-term value creation
• The full ₹18,000 crore benefits public shareholders

This is one reason why the market reacted positively after the announcement.

How to Check Your Buyback Entitlement

Infosys shareholders can check their entitlement on the KFinTech website by entering:

• DP ID
• Client ID
• or folio number

This will show the exact number of shares you are entitled to offer. Checking this before the window opens helps you plan how many shares to tender.

What This Buyback Means for Investors

Infosys has been consistent with returning cash to shareholders through dividends and buybacks. This is the company’s fifth buyback since 2017. Strong reserves and steady operations give Infosys room to distribute value without affecting long-term plans.

For investors, the buyback offers two benefits:

• A fixed exit option at ₹1,800
• A strong signal of confidence from promoters and management

Small shareholders, in particular, may find this buyback financially attractive due to the higher entitlement ratio.

Final Thoughts

With the tender window opening tomorrow, this is the right time for eligible investors to check their entitlement and decide whether to participate. The buyback provides a clear short-term opportunity at a fixed price, while the promoters staying invested shows long-term confidence in the company’s direction.

Disclaimer

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