Infosys announced the buyback entitlement ratio for its Rs 18,000-crore share buyback. (Photo Source: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Infosys Ltd. on Tuesday announced the share entitlement ratio details of its Rs 18,000-crore buyback, which is set to open on Nov. 20 and close on Nov. 26.
The buyback ratio for retail investors or small shareholders is set as 2:11, or two equity shares for every 11 equity shares held. For general category investors, which includes institutional and non-institutional investors, the ratio has been set as 17:706, or 17 equity shares for every 706 equity shares held as on the record date, as per the exchange filing.
Infosys recorded its shareholders' roster for the buyback on Nov. 14.
If a sharehold

NDTV Profit

CNN
Go Fug Yourself
OK Magazine
The Daily Beast
AlterNet