The Company encloses herewith the Letter of Offer dated May 23, 2026, for Buyback of up to fully paid-up equity shares of the Company.
CMSINFO · price
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CMS Info Systems Limited is launching a buyback of up to 49,39,126 equity shares (3% of total paid-up capital) at ₹340 per share, totalling up to ₹167.93 crore. The buyback is funded from internal accruals and free reserves, representing 7.56% (standalone) and 7.17% (consolidated) of aggregate paid-up capital and free reserves, well within the 10% statutory limit. Small shareholders receive preferential treatment with an entitlement ratio of 1 in 18 shares, compared to 1 in 36 for general category shareholders. The tender offer opens on May 29, 2026 and closes on June 4, 2026, with settlement on June 11, 2026. Cash consideration will be paid to participating shareholders.
The buyback offers shareholders a chance to liquidate part of their holdings at ₹340 per share. The small shareholder reservation (1:18 vs 1:36 for general category) provides better liquidity for smaller investors. The buyback size of ~₹168 crore is modest relative to the company's reserves.