Infosys share buyback: Income tax rule change you must know before tendering stocks

Infosys share buyback: Infosys shares have been on an uptrend after the announcement of a share buyback worth ₹18,000 crore. The Infosys buyback price has been fixed at ₹1,800 apiece, which is around 15% higher than the current share price of ₹1,575. As the Infosys share buyback offer ends on November 26, 2025, a significant number of Infosys shareholders are expected to be attracted to this lucrative-looking tender offer.

However, there is a twist to this offer, following the income tax rule change that took effect on 1 April 2024.