InfoBeans Techno. Ltd. has informed the Exchange about General Updates
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InfoBeans Technologies has issued a clarification correcting clerical errors in the outcome of its Board meeting held on May 15, 2025, which approved a share buyback. The buyback amount of ₹10,00,01,280 was mistakenly written with the word 'crores' appended, and the buyback size percentages were incorrectly stated as 3.19% and 3.01% instead of the correct 3.72% (standalone) and 3.60% (consolidated) of paid-up equity and free reserves. The buyback remains for up to 2,15,520 equity shares at ₹464 per share through the tender offer route, totaling about ₹10 crore, with promoters and promoter group choosing not to participate. The company clarified the errors were unintentional and not deliberate.
No material change to the buyback terms — this is only a correction of typographical errors. Shareholders should refer to the corrected figures; the actual buyback size and price remain as originally approved by the Board.