Infosys Buyback 2022 Record Date, Buyback Price, Ratio – IPO Watch

Infosys takeover 2022 was announced on October 10, 2022. The Infosys the opening date of the buyout has not yet been announced. Infosys takeover the record date is not fixed because it is an offer to buy on the open market. The investor must purchase Infosys shares before the record date to be eligible for redemption.

Infosys ₹9,300 crore buyout approved by the board of directors during the meeting of October 10, 2022. The acquisition of Infosys will be done via the open market route through the mechanism of the stock exchange. The Board of Directors of the Company has approved the redemption by the Company of its fully paid shares having a face value of ₹5 each capital share to a price of ₹1,850 per share and for a total amount not exceeding ₹9,300 crore from shareholders. Check out the Infosys Buyback 2022 details below:

Infosys Limited is an IT company that provides next-generation digital services and advice to clients in over 50 countries to navigate their digital transformation. The company was founded in 1981 in Pune, with headquarters in Bangalore. Infosys is the 2nd largest Indian IT company after TCS by revenue figures in 2020. They pioneered the global delivery model and became the first Indian IT company to be listed on NASDAQ.

In 2021, Infosys was recognized by Great Place to Work and Fortune as one of the best large companies to work for. Infosys recognized as the ffastest growing and ranked 4th among the top 10 IT services brands by Brand Finance, one of the world’s leading brand valuation firms, in its 2021 report Global 500 report. and Infosys won the ‘Best Finance Team’ and ‘Best Finance Transformation’ awards at the 19th Annual Business Leader of the Year Awards presented by ET Now.

Infosys takeover history

Infosys takeover dates in 2022

Date of buyout meeting: October 10, 2022
Takeover announcement date:
Redemption registration date: Open market
Redemption start date:
Redemption closing date:
Finalization of acceptance of redemption:
Infosys tentative 2022 takeover timeline

Infosys Takeover 2022 Offer Details

Acquisition by Infosys of – equity shares at a price of ₹1,850 per share. Takeover offers not to be exceeded ₹9,300 crore the total size of the tender offer.

Bid amount: ₹9,300 crore
Number of shares: Equity shares
Face value: ₹10 per share
Redemption price: ₹1,850 per share
Type of redemption: Open market
Offer letter: Click here

Infosys takeover acceptance rate in 2022

The investor should buy around [.] shares at current market price of ₹[.] (at the date). Calculation will be ₹2,00,000/₹[.] redemption price = [.] shares.

Acceptance rate Investment Redemption of shares Profit
33% ₹[.] [.] ₹[.]
50% ₹[.] [.] ₹[.]
75% ₹[.] [.] ₹[.]
100% ₹[.] [.] ₹[.]

Infosys Financial Report

₹ in Crores
Year Revenue Costs TAP
2020 ₹81,747 ₹59,126 ₹15,543
2021 ₹88,379 ₹61,581 ₹18,048
2022 ₹107,164 ₹76,240 ₹21,235

How to Participate in Infosys Buyback 2022

Investors are eligible for the buyback program who hold Infosys shares in their Demat Infosysount as Open market. Eligible shareholders can participate in the Infosys Buyback 2022 program in accordance with the opening form by selling their shares. The payment will be made according to the shares Infosysepted by the company under the Infosys buyback program.

Infosys Acquisition 2022 Registrar

To be updated soon

Infosys Buyback 2022 Leaders

Infosys company address

infosys limited
44/97 Avenue Infosys,
Electronic City, Hosur Road,
Bangalore, Karnataka 560 100
Telephone: +91 8028520261
E-mail: [email protected]

How to apply the buyout of Infosys via Zerodha?

Log in to the console on the Zerodha website or in the app. Go to Portfolio and click on Corporate Actions. You will see the company name “Infosys”. Click Place Order. Enter your quantity and submit the Infosys redemption request form.

How to apply the buyout of Infosys via Upstox?

Log into the Upstox app with your credentials. Select the Infosysound section. You will see the company name “Infosys”. Click Infosys Stock for Redemption. Enter your quantity and submit the Infosys redemption request form.

How to apply Infosys buyout via Paytm Money?

Log into the Paytm Money app with your credentials. Select the Infosys. Enter your quantity and submit the Infosys redemption request form.

Infosys 2022 Buyout FAQ

What is the Infosys Buyback 2022 registration date?

The record date for the acquisition of Infosys in 2022 is Open market.

When is Infosys Buyback 2022 open date?

The 2022 Infosys takeover opening date is To be updated soon.

What is the Infosys Buyback 2022 price?

The company set the price at ₹1,850 per share.

How to apply for Infosys Buyback 2022?

According to the registration date, you must have Infosys shares in your Demat account. You can participate in the redemption after having the stock in your account.

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Sallie R. Loera