CMS Info Systems Limited has informed the Exchange about Submission of Letter of Offer dated May 23, 2026 for the Buyback of up to 49,39,126 fully paid‐up equity shares of face value of Rs. 10 at Rs. 340.
CMSINFO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CMS Info Systems Limited has announced a buyback of up to 49,39,126 fully paid-up equity shares (3% of total paid-up equity capital) at Rs. 340 per share in cash. The total buyback size is up to Rs. 167.93 crore, representing 7.56% and 7.17% of standalone and consolidated free reserves respectively. The record date was May 22, 2026. Small shareholders holding shares worth up to Rs. 2 lakh get entitlement of 1 share for every 18 held, while general category shareholders get 1 share for every 36 held. The buyback opens on May 29, 2026 and closes on June 4, 2026, with settlement by June 11, 2026. The company will fund this from internal accruals, cash and cash equivalents.
The buyback offers shareholders an opportunity to exit at Rs. 340 per share, which typically represents a premium to market price. This can provide support to the stock price and is a positive signal of management confidence in the company's intrinsic value.