Infosys Completes ₹18,000 Crore Share Buyback with Official Extinguishment
Infosys successfully concluded its largest share buyback program worth ₹18,000 crore by officially extinguishing 10 crore equity shares on December 4. The company has reduced its total share capital from 4,15,44,01,349 to 4,05,46,24,409 shares, completing all regulatory requirements under SEBI Buy-Back Regulations and demonstrating its commitment to optimizing capital structure.

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Infosys , one of India's leading IT services companies, has successfully completed its largest share buyback to date, amounting to ₹18,000 crore. The company has now officially extinguished the repurchased shares, marking the final completion of the corporate action.
Buyback Completion and Share Extinguishment
The company has officially completed the extinguishment of 10 crore equity shares on December 4, as per regulatory requirements under SEBI Buy-Back Regulations. The shares were extinguished in dematerialized form through National Securities Depository Limited (NSDL).
| Parameter | Details |
|---|---|
| Extinguishment Date | December 4 |
| Shares Extinguished | 10.00 crore |
| Share Capital Before Extinguishment | 4,15,44,01,349 shares |
| Share Capital After Extinguishment | 4,05,46,24,409 shares |
| Buyback Amount | ₹18,000.00 crore |
| Price per Share | ₹1,800.00 |
Key Buyback Timeline and Details
The buyback process followed a structured timeline with specific regulatory milestones:
| Milestone | Date |
|---|---|
| Public Announcement | November 7 |
| Record Date | November 14 |
| Tendering Period Start | November 20 |
| Tendering Period End | November 26 |
| Settlement Date | December 3 |
| Share Extinguishment | December 4 |
| Regulatory Filing | December 11 |
Regulatory Compliance and Documentation
Infosys has fulfilled all regulatory requirements under SEBI Buy-Back Regulations. The company issued a certificate of extinguishment dated December 9, confirming compliance with Regulation 11 of the Buyback Regulations. All extinguished shares were held in dematerialized form, with no physical shares tendered during the process.
Previous Buyback Highlights
The buyback received overwhelming investor response, being oversubscribed by approximately 8.28 times. Promoters, including N.R. Narayana Murthy, Nandan Nilekani, and Sudha Murty, did not participate in the buyback as previously announced.
Tax Implications for Investors
Investors should note the tax implications of the buyback:
- Gains from the buyback are taxed as 'income from other sources' at applicable slab rates
- The entire investment value is considered a capital loss
- The structure was particularly attractive for investors with other capital gains to offset
Impact on Share Capital Structure
With the completion of share extinguishment, Infosys has successfully reduced its equity base from 4,15,44,01,349 shares to 4,05,46,24,409 shares. This reduction represents the company's commitment to optimizing capital structure and returning surplus funds to shareholders efficiently.
Historical Stock Returns for Infosys
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.44% | +3.38% | +6.98% | +4.71% | -13.25% | +33.98% |
















































