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Infosys' Rs 13,000 crore buyback to open on November 30

India's Second Largest IT Company Infosys On Saturday Said Its Rs 13,000-crore Buyback Offer Will Commence On November 30 And End On December 14.

News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 18 Nov 2017, 10:38:16 AM
Infosys - File Photo

New Delhi:

India's second largest IT company Infosys on Saturday said its Rs 13,000-crore buyback offer will commence on November 30 and end on December 14.

Outlining the buyback dates in a regulatory filing, Infosys said that the company through letter dated November 16 received observations from the Securities and Exchange Board of India on the draft letter of offer for the buyback.

The buyback, said the BSE filing, will open on November 30 and close on December 14. The share buyback, which will be the first in the company's 36-year long history, will see Infosys buying back over 11.30 crore shares at Rs 1,150 apiece.

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First Published : 18 Nov 2017, 10:37:56 AM

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