Infosys Limited has informed the Exchange regarding Notice of Postal Ballot
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Awaiting price reaction for this filing.
Infosys has issued a postal ballot notice seeking shareholder approval for a buyback of equity shares worth ₹18,000 crore at ₹1,800 per share. The buyback covers 10 crore shares, about 2.41% of total paid-up equity capital, and will be executed through the tender offer route via stock exchanges with 15% reserved for small shareholders. The offer price represents a premium of roughly 25.6% over the September 8, 2025 closing price on BSE and NSE. Promoters have stated they will not participate, meaning a larger share of the buyback is available to public shareholders. E-voting runs from October 6 to November 4, 2025, with the record date expected around November 14, 2025. The buyback is part of Infosys' capital allocation policy of returning approximately 85% of free cash flow to shareholders over a five-year period through dividends and buybacks, backed by consolidated cash and investments of ₹45,204 crore as of June 30, 2025.
If approved, the buyback will return surplus cash to shareholders, boost earnings per share, and likely support the stock price in the near term. Retail and public shareholders stand to benefit as promoters are not participating, increasing the effective entitlement ratio for non-promoter holders.