CMS Info Systems completes ₹167.93 crore share buyback

2 min read     Updated on 15 Jun 2026, 05:25 PM
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Anirudha BScanX News Team
AI Summary

CMS Info Systems has successfully completed the buyback of 49,39,126 fully paid-up equity shares at a price of ₹340 per share, utilizing an aggregate amount of ₹167,93,02,840. The offer, which opened on May 29, 2026, and closed on June 4, 2026, was executed through the tender offer route using the stock exchange mechanism. The buyback represents 7.56% of the aggregate of the total paid-up equity share capital, free reserves, and securities premium of the company as per the audited standalone financial statements as at March 31, 2026.

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CMS Info Systems has successfully completed the buyback of 49,39,126 fully paid-up equity shares at a price of ₹340 per share, utilizing an aggregate amount of ₹167,93,02,840. The offer, which opened on May 29, 2026, and closed on June 4, 2026, was executed through the tender offer route using the stock exchange mechanism. The buyback represents 7.56% of the aggregate of the total paid-up equity share capital, free reserves, and securities premium of the company as per the audited standalone financial statements as at March 31, 2026.

The registrar to the buyback, MUFG Intime India Private Limited, considered a total of 11,854 valid bids for 4,47,79,976 equity shares, resulting in an overall subscription of 906.64%. The response was particularly strong in the general category for all other eligible shareholders, which was oversubscribed by 1038.29%, while the reserved category for small shareholders saw a subscription of 160.60%. The settlement of all valid bids was completed by the Indian Clearing Corporation Limited on June 11, 2026, with direct funds payout to eligible shareholders.

Buyback Details

The company extinguished 49,39,126 equity shares accepted under the buyback. The extinguishment process, currently underway, is expected to be completed on or before June 22, 2026, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. No shares were tendered in physical form, and all unaccepted dematerialized shares were returned to shareholders by the release of lien on June 11, 2026.

Category of Shareholders No. of Equity Shares reserved No. of Valid Bids Total no. of Equity Shares validly tendered Response (%)
Reserved category for Small Shareholders 7,40,869 9,340 11,89,823 160.60%
General category for all other Eligible Shareholders 41,98,257 2,514 4,35,90,153 1038.29%
Total 49,39,126 11,854 4,47,79,976 906.64%

Capital Structure Changes

Following the completion of the buyback, the issued, subscribed, and paid-up share capital of the company has reduced to ₹159,69,84,150, comprising 15,96,98,415 fully paid-up equity shares of face value ₹10 each. The authorized share capital remains unchanged at ₹188,00,00,000. The shareholding pattern post-buyback indicates that 100% of the outstanding equity shares are now held by Indian Financial Institutions, Banks, Mutual Funds, and Government Companies, with no promoter holding.

Particulars Pre-Buyback* (₹) Post Completion of Buyback# (₹)
Authorised Share Capital 188,00,00,000 (18,80,00,000 Equity Shares of face value ₹10 each) 188,00,00,000 (18,80,00,000 Equity Shares of face value ₹10 each)
Issued, Subscribed and Paid-up Share Capital 164,63,75,410 (16,46,37,541 fully paid-up Equity Shares of face value ₹10 each) 159,69,84,150 (15,96,98,415 fully paid-up Equity Shares of face value ₹10 each)

*As on the Record Date (May 22, 2026). #Subject to extinguishment of 49,39,126 Equity Shares accepted in the Buyback.

Major Shareholders

Parag Parikh Mutual Fund (Multiple Schemes) was the largest shareholder in the buyback, with 9,26,806 equity shares accepted, representing 18.76% of the total shares bought back. Other significant participants included SBI Small Cap Fund and Goldman Sachs Funds - Goldman Sachs India Equity Portfolio, which accounted for 8.43% and 6.22% of the total buyback respectively. Ernst & Young Merchant Banking Services LLP acted as the manager to the buyback.

Historical Stock Returns for CMS Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+0.44%-2.53%-0.27%-14.95%-39.60%+25.13%

How will the complete exit of promoters and the shift to 100% institutional ownership influence CMS Info Systems' future governance and strategic direction?

With the significant reduction in equity capital, what is the company's plan for utilizing its remaining free reserves and cash flow to drive growth?

How might the substantial oversubscription by general shareholders impact the stock's liquidity and trading volume in the immediate post-buyback period?

CMS Info Systems to hold virtual investor meet on June 9

0 min read     Updated on 05 Jun 2026, 04:17 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

CMS Info Systems Limited has scheduled a virtual investor meet for June 9, 2026, organized by Valorem Advisors. The meeting will be held from 4:00 P.M. to 5:00 P.M. IST, and discussions will be based on publicly available information with no UPSI shared.

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CMS Info Systems Limited will hold a virtual meeting with a group of investors and analysts on June 9, 2026. The interaction, organized by Valorem Advisors, will allow the company's authorized officials to engage with the investment community. Discussions will be based exclusively on publicly available information, and no unpublished price sensitive information (UPSI) will be shared during the session.

The meeting is scheduled between 4:00 P.M. (IST) and 5:00 P.M. (IST) via virtual mode. This disclosure was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule remains subject to change due to exigencies on the part of the investors or the company.

Meeting Details

Date Time Attendees Mode of Meeting
June 9, 2026 4:00 P.M. (IST) to 5:00 P.M (IST) Group of investors/ analysts organised by Valorem Advisors Virtual Mode

Historical Stock Returns for CMS Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+0.44%-2.53%-0.27%-14.95%-39.60%+25.13%

What strategic priorities is CMS Info Systems likely to emphasize during the meeting?

How might investor sentiment shift following the engagement with Valorem Advisors?

Could this meeting signal upcoming corporate actions or partnerships?

More News on CMS Info Systems

1 Year Returns:-39.60%