India, Nov. 13 -- With the record date of the Infosys buyback upon us, it's worth understanding how buyback taxation works in India. Thankfully, Nithin Kamath, co-founder and chief executive officer, took it upon himself to do the math.
The Rs.18,000-crore Infosys buyback-the largest in India's history along with Tata Consultancy Services Ltd.'s in 2022-will see India's second-largest IT firm repurchase up to 10 crore shares at Rs.1,800 apiece. That's a premium of 16% over the current market price of Rs.1,550 apiece and represents 2.41% of the company's total paid-up equity share capital.
The record date is Friday, 14 November 2025.
Only shareholders who hold Infosys shares in their demat account by the end of the trading session on Fr...
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