The Company submits herewith Newspaper Publication of opening of Buyback Offer and completion of dispatch of Letter of Offer for Buyback of equity shares.
CMSINFO · price
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CMS Info Systems Limited has announced the opening of its buyback offer and completion of dispatch of Letter of Offer. The company will buyback up to 49,39,126 fully paid-up equity shares at ₹340 per share (face value ₹10 each) for a total consideration of up to ₹167.93 crore through the tender offer route. The buyback opens on May 29, 2026 and closes on June 4, 2026. Small shareholders get 1 share for every 18 held (5.52% entitlement), while general category shareholders get 1 share for every 36 held (2.78% entitlement). Letters of Offer were dispatched electronically on May 25, 2026 and physically on May 26, 2026 to all eligible shareholders as on record date May 22, 2026.
The buyback at ₹340 per share represents a significant premium to face value, signaling management confidence. Shareholders who tender will receive cash at a price likely above current market levels, though participation reduces their equity stake in the company.