Infosys Share Buyback Closes Next Week: Eligibility, Key Dates, Acceptance Ratio & Should You Apply?

Infosys’ highly anticipated ₹18,000 crore share buyback programme is now underway and will close on Wednesday, November 26, 2025. The tender offer, announced last month, gives eligible shareholders an opportunity to sell their shares back to the company at a premium price of ₹1,800 per share.

The buyback has stirred renewed interest in the IT giant’s stock, which has risen from ₹1,486 to around ₹1,544 per share since the window opened — a move analysts attribute to investor optimism and the attractive premium on offer.

✔ Who Is Eligible?

Only shareholders who held Infosys shares on or before November 13, 2025, and continued holding them as of the record date — November 14, 2025, are eligible to participate.

📌 Buyback Price vs Market Price

Buyback Tender Price: ₹1,800 per share

Market Price (Latest): ~₹1,544

Premium: 16–19%

Market experts note that this price gap has encouraged fresh demand in the stock post-announcement.

🧮 Expected Acceptance Ratio

Analysts expect a healthy acceptance ratio for retail participants:

Estimated acceptance for retail: 18% currently, potentially rising to 35–40% depending on participation levels

Estimated overall acceptance for non-retail investors: About 2%

This makes the offer particularly attractive for small retail shareholders with holdings valued under ₹2 lakh.

🗣 Expert View

According to Seema Srivastava, Senior Research Analyst at SMC Global Securities, the buyback reflects Infosys’ strong balance sheet and confidence in its long-term digital and cloud-led business strategy.

She adds that the tender offer route ensures fairness, with official entitlement ratios already communicated:

Retail entitlement: ~2 shares for every 11 held (18.17%)

General category entitlement: 17 shares for every 706 held (2.41%)

Meanwhile, Anuj Gupta of Ya Wealth explains that buybacks usually help support share prices by reducing the number of outstanding shares, improving earnings per share (EPS) and valuation metrics over time.

🤔 Should Investors Tender Their Shares?

For retail shareholders, experts see short-term gains and tax efficiency:

No capital gains tax is payable by shareholders (buyback tax is borne by Infosys under Section 115QA).

The buyback presents a chance to realise immediate returns without waiting for long-term appreciation.

However, long-term investors may consider tendering only partially — or not at all — as holding could offer:

Increased ownership per share

Higher EPS

Improved return ratios

Potential future upside in the business

📅 Important Dates

Event Date

Buyback Price ₹1,800 per share

Record Date November 14, 2025

Tender Window November 20 – November 26, 2025

Acceptance Finalisation December 2, 2025

Share Extinguishment Deadline December 12, 2025

Buyback Size Up to 10 crore shares (2.41% equity)

📌 Key Takeaways

Infosys is buying back shares at a significant premium to current market prices.

Shareholders must have held stock by the record date to qualify.

Retail investors may find the offer appealing due to tax benefits and expected acceptance rate.

Long-term holders may gain from improved fundamentals after the buyback.