CMS Info Systems extinguishes 49.39 lakh equity shares bought back at ₹340

1 min read     Updated on 20 Jun 2026, 06:24 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

CMS Info Systems extinguished 49,39,126 fully paid-up equity shares bought back at ₹340 per share for an aggregate consideration of ₹167,93,02,840. The extinguishment was completed on June 19, 2026, via the tender offer route following a buyback offer that closed on June 4, 2026, with an overall subscription of 906.64%. Post-extinguishment, the paid-up share capital stands reduced to ₹159,69,84,150.

powered bylight_fuzz_icon
42892885

*this image is generated using AI for illustrative purposes only.

CMS Info Systems has extinguished 49,39,126 fully paid-up equity shares bought back at a price of ₹340 per share for an aggregate consideration of ₹167,93,02,840. The extinguishment, completed on June 19, 2026, was executed through the tender offer route using the stock exchange mechanism. This action follows the successful closure of the buyback offer on June 4, 2026, which saw an overall subscription of 906.64%.

The buyback represented 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. The settlement of all valid bids was completed by the Indian Clearing Corporation Limited on June 11, 2026.

Capital Structure Changes

Following the extinguishment, 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 reconciliation of the share capital confirms that no shares were tendered in physical form.

Sr. No. Particulars No. of Equity Shares Amount (in ₹)
1 Pre-extinguishment: Issued, subscribed and fully paid-up share capital 16,46,37,541 Equity shares of ₹10 each 164,63,75,410
2 Less: Equity Shares bought-back and credited to the account of the Company (Dematerialized Form) 49,39,126 Equity shares of ₹10 each 493,91,260
3 Post extinguishment: Issued, subscribed and fully paid-up share capital 15,96,98,415 Equity shares of ₹10 each 159,69,84,150

Shareholder Response

The response to the buyback was strong across categories. The general category for all other eligible shareholders was oversubscribed by 1038.29%, while the reserved category for small shareholders saw a subscription of 160.60%. 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.

Historical Stock Returns for CMS Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%-5.31%-11.00%-24.09%-48.72%+11.46%

How will the reduction in equity shares impact CMS Info Systems' earnings per share (EPS) and return on equity (ROE) moving forward?

What strategic initiatives or capital allocation plans does CMS Info Systems intend to pursue following the successful completion of the buyback?

How might the high oversubscription levels influence the company's future decisions regarding shareholder returns or capital structure?

CMS Info Systems to hold virtual investor meet on June 9

0 min read     Updated on 05 Jun 2026, 04:17 AM
scanx
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.

powered bylight_fuzz_icon
42100407

*this image is generated using AI for illustrative purposes only.

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
+0.63%-5.31%-11.00%-24.09%-48.72%+11.46%

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

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-48.72%