Infosys share buyback record date today — All you need to know

Friday, November 14, is the record date for the Infosys share buyback, which is the biggest in the company's history.

The eligible shareholders for the ₹18,000 crore share buyback will be determined after today's trading session. This means that anyone, who has shares of Infosys at the end of today's trading session, will be eligible to participate in the share buyback.

Infosys has announced that the buyback will be carried out via the tender offer route, which means that shares are repurchased at a fixed price. The buyback price has been fixed at ₹1,800 per share, which is a 17% premium to Infosys' previous closing price on Thursday.

The buyback dates are yet to be disclosed.

Promoters of Infosys have made it clear that they will not be participating in the share buyback, thereby increasing the chances of retail shareholders to expect a better return ratio when the tendering begins.

Buyback Taxation

Starting October 1, 2024, the tax burden of the share buyback went from the company to the shareholder. The entire consideration that a shareholder will receive after tending shares in the buyback process will now be treated as "dividend income." This will be taxed at that individual's applicable income tax slab rate.

Infosys will immediately deduct 10% of the proceeds as Tax Deducted at Source (TDS). For non-residents participating in the buyback, that rate will be 20% or as per the Double Taxation Avoidance Treaty (DTAA).

The sales consideration for shares tendered in the buyback is considered zero, resulting in capital loss for the shareholder, which can be set off against other capital gains in the same year.

The change in taxation rules meant that companies have been reluctant to carry out share buybacks. The Infosys buyback is the largest of the year, and only the seventh major one in 2025. Nava Ltd., Dhampur Sugar, SIS, Tracxn Technologies, Tanla Platforms, Bajaj Consumer are some of the other companies who have conducted buybacks so far this year.

Shares of Infosys ended 0.6% lower on Thursday at ₹1,542. The stock is still down 18% so far in 2025.