"When a tech giant offers ₹1,800 per share, smart investors ask: what’s the catch?"

🔍 Key Highlights of the Infosys Buyback 2025 - Buyback Size: ₹18,000 crore - Buyback Price: ₹1,800 per share - Mode: Tender offer route via stock exchange mechanism - Total Shares to be Bought Back: Up to 10 crore fully paid-up equity shares - Percentage of Paid-Up Capital: 2.41% - Record Date: November 14, 2025 - Tendering Period: November 20 to November 26, 2025 🧾 Eligibility and Participation To be eligible, shareholders must have held Infosys shares in their demat account as of the record date (November 14, 2025). Due to the T+1 settlement cycle, shares needed to be purchased at least one trading day prior to the record date to qualify. Eligible shareholders can tender their shares during the tendering window from November 20 to 26, through their brokers or depository participants. The buyback will be executed on a proportionate basis, meaning not all tendered shares may be accepted if the buyback is oversubscribed. 💰 Tax Implications - Capital Gains Tax: Gains from the buyback are taxed in the hands of the company under Section 115QA of the Income Tax Act. Hence, shareholders are not liable to pay tax on the gains. - No TDS for Resident Shareholders: Since the tax is paid by Infosys, no tax is deducted at source for resident investors. - Non-Resident Shareholders: May be subject to different tax treatment depending on applicable treaties and tax residency status. 📈 Strategic Rationale Infosys stated that the buyback aligns with its capital allocation policy and is aimed at enhancing shareholder value. The company has a strong cash position and believes this move will optimize its capital structure while signaling confidence in its future earnings. Despite recent volatility in the stock price—Infosys shares are down 36.5% from their 52-week high—the buyback price of ₹1,800 offers a significant premium over current market levels, making it an attractive opportunity for investors.