Infosys announced the buyback entitlement ratio for its Rs 18,000-crore share buyback. (Photo Source: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Infosys Ltd. shares are in focus as the IT major gears up for its mega buyback, set to open on Nov. 20 and close on Nov. 26. The company, through an exchange filing on Tuesday, laid out a detailed timetable for what promises to be a crucial week for shareholders participating in the Rs 18,000 crore programme.
Infosys has set the buyback ratio at 2:11 for retail shareholders, meaning two shares will be bought back for every 11 held. For the general category, which includes institutional and non-institutional investors, the ratio stands at 17:706.
Nov. 26 is the last day for shareholders to submit c

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