promoters, including founder Narayana Murthy and chairman Nandan Nilekani, have decided not to participate in the company's Rs 18,000 crore share buyback, the IT major said in a regulatory filing on Wednesday.
"Since the promoters and the promoter group of the Company have declared their intention to not participate in the Buyback, Equity Shares held by them have not been considered for the purposes of computing the entitlement ratio," Infosys stated. Advertisement
The promoters and their family members collectively hold 13.05 per cent, or 542 million outstanding shares, as of September 30, 2025.
Explaining the rationale behind the promoters' decision, Ved Jain, former president of the Institute of Chartered Accountants of India (ICAI), wrote on LinkedIn that the recent tax amendments