Infosys promoters to skip Rs 18, 000-cr share buyback
The promoters of IT major Infosys will not be participating in the buyback exercise announced last month, the company has said. In a letter to American markets regulator Securities and Exchange Commission (SEC), a copy of which was filed with the Indian exchanges on Wednesday, the company has detailed the buyback process, though the record date for the exercise is yet to be announced.
