Infosys buyback: Narayana Murthy, wife Sudha Murty, Nandan Nilekani and other promoters opt out of ₹18,000 crore offer

Infosys buyback: The promoter and promoter group of IT services firm Infosys, which includes marquee names like Narayana Murthy, Sudha Murty, Nandan Nilekani, among others, have decided not to participate in the ₹18,000 crore share buyback program, the company informed on Wednesday, October 22.

In terms of the buyback regulations, under the tender offer route, the promoter and promoter group have the option to participate in the buyback.