Infosys buyback opens today. Should you tender shares in ₹18,000-crore offer?

Infosys Buyback: The IT services giant Infosys’ share buyback programme, worth ₹18,000 crore — the largest-ever in the company’s history — opened for subscription today, November 20. Eligible investors have five trading days to tender shares in the Infosys buyback. According to the timeline, Infosys’ share buyback window will remain open until November 26.

Infosys buyback record date for the purpose of determining the names of the eligible shareholders was November 14. Hence, only those shareholders are eligible to tender shares in Infosys share buyback who held the shares in their demat accounts as of November 14.