Investors should be wary about new tax rules before participating in Infosys buyback. (Photo: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Infosys Ltd. on Thursday opened the window for its largest-ever share buyback program worth Rs 18,000 crore that will test investors' appetite under a newly implemented and stricter tax regime.

The Bengaluru-based IT company is offering to buy back shares at Rs 1,800 apiece, which is a significant premium over the current market price, thus giving retail investors the opportunity to make a quick profit on their holdings.

Infosys' Rs 18,000 crore share buyback program, which is twice the size of their last two buybacks, represents 2.4% of the company's total equity.

The entitlement ratio, which is the min

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