Free Press Journal
  • Infosys says some promoters may participate in its share buyback

    Mumbai : Some promoters of Infosys Ltd may participate in the company’s share buyback exercise, the company said in an exchange filing Monday. On Aug 19, the Bengaluru-based information technology major had announced that it would buy back 113.04 mln shares, or 4.9% of the total share capital, at 1,150 rupees apiece, aggregating 130 bln rupees. As at the end of June, promoters and the promoter group held 12.75% stake in the