Infosys will commence it’s up to Rs 9,200cr buyback from June 25, with a price of Rs 1,750 per share. The manager of the buyback will be Kotak Mahindra Capital Company and will be open for a period of six months starting June 25. The recommended capital return is Rs 15,600cr with Rs 6,400cr as the final dividend and Rs 9,200 as the open market buyback of shares. Approval by the board was given on April 14, 2021, and shareholders approved it on 19 June.

Click here to read the full story