Sarthi Capital Advisors Private Limited ("Manager to the Buy-Back") has submitted to BSE a copy of Public Announcement for the attention of Equity Shareholders / Beneficial Owners of Equity ....
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On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.4 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Infobeans Technologies Limited has announced a buyback of its equity shares through a tender offer route under SEBI (Buy-back of Securities) Regulations, 2018. The Public Announcement, dated May 17, 2025, was filed by Sarthi Capital Advisors Private Limited, the Manager to the Buyback. Promoters and promoter group together hold 1,80,43,746 shares (73.78% of paid-up share capital), indicating strong promoter participation in the buyback. The buyback will be conducted using a separate demat account opened for this purpose. The company has obtained an Auditor's Report confirming that the buyback is not prejudicial to its interests and financial position.
Buybacks typically signal management's confidence in the company's valuation and return surplus cash to shareholders. With promoters participating in nearly 74% of the offer, it indicates promoter confidence, though the buyback price and total amount were not clearly readable in the filing.