{"url_path":"/sec/infy/10-k/2026/item-16e","section_key":"item-16e","section_title":"Item 16E Purchases of Equity Securities by the Issuer and Affiliated Purchasers","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1067491/0001193125-26-270520-index.html","accession_number":"0001193125-26-270520","cik":"0001067491","ticker":"INFY","issuer_name":"Infosys Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1067491/0001193125-26-270520-index.html","primary_entity_key":"0001067491","primary_entity_name":"Infosys Ltd"},"word_count":708,"has_tables":true,"body_markdown":"Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers\n\n \n\nBuyback completed in December 2025\n\n \n\nIn line with the capital allocation policy, the Board, at its meeting held on September 11, 2025, approved a proposal for the Company to buyback its fully paid-up equity shares of face value of ₹5/- each from the eligible equity shareholders of the Company for an amount of ₹18,000 crore (approximately $2,000 million) subject to shareholders' approval by way of Postal Ballot. The shareholders approved the said proposal of buyback of Equity Shares recommended by its Board of Directors by way of e-voting through postal ballot, the results of which were declared on November 6, 2025. The Buyback offer comprised a purchase of 10,00,00,000 Equity Shares comprising approximately 2.41% of the total\n\npaid-up equity share capital of the Company as of June 30, 2025 (on standalone basis) at a price of ₹1,800 ($20) per Equity share. The buyback was offered to all eligible equity shareholders (including those who became equity shareholders as on the Record date by cancelling American Depository Shares and withdrawing underlying Equity shares) of the Company as on the Record Date (i.e., November 14, 2025) on a proportionate basis through the \"Tender offer\" route. The tender period for buyback commenced on November 20, 2025 and was open until November 26, 2025. The Company concluded the buyback procedures on December 4, 2025 and 100,000,000 equity shares were bought back and extinguished. The buyback resulted in a cash outflow of ₹18,000 crore (approximately $2,000 million) (excluding transactions costs). The Company funded the buyback from its free reserves including securities premium as explained in Section 68 of the Companies Act, 2013. In accordance with Section 69 of the Companies Act, 2013, as at March 31, 2026, the Company has created a Capital Redemption Reserve of ₹50 crore (approximately $6 million) equal to the nominal value of the shares bought back as an appropriation from the general reserve.\n\n \n\nFollowing is the summary of the buyback completed in fiscal 2026:\n\n \n\nPeriod\n\n \n\n(a)Total number\nof shares\npurchased\n\n \n\n(b)Average price\npaid per share\n(in INR)\n\n \n\n(c)Total number\nof shares\npurchased\nas part of publicly\nannounced\nbuyback\n\n \n\n(d)Maximum\nnumber\nof shares that\nmay yet to be\npurchased under\nthe buyback\n\nDecember 4, 2025\n\n \n\n100,000,000\n\n \n\n1,800.00\n\n \n\n100,000,000\n\n \n\nNA\n\nTotal\n\n \n\n100,000,000\n\n \n\n1,800.00\n\n \n\n100,000,000\n\n \n\n—\n\n \n\nBuyback completed in February 2023\n\nThe shareholders, through a special resolution passed through postal ballot concluded on December 2, 2022, the results of which were declared on December 3, 2022, had approved the proposal of the Company to buyback from the open market through Indian stock exchanges its own fully paid-up equity shares of face value of ₹5/- each payable in cash, for an amount aggregating up to ₹9,300 crore (maximum buyback size, excluding buyback tax) at a price not exceeding ₹1,850/- per equity share. The buyback was offered to all equity shareholders of the Company (other than the Promoters, the Promoter Group and Persons in Control of the Company) under the open market route through Indian stock exchanges. The buyback of equity shares through Indian stock exchanges commenced on December 7, 2022, and was completed on February 13, 2023. During this buyback period, the Company purchased and extinguished a total of 60,426,348 equity shares from the stock exchange at a volume weighted average buyback price of ₹1,539.06/- per equity share comprising 1.44% of the pre buyback paid-up equity share capital of the Company. The buyback resulted in a cash outflow of ₹9,300 crore (excluding transaction costs and tax on buyback) ($1,130 million). The Company funded the buyback from its free reserves including Securities Premium as explained in Section 68 of the Companies Act, 2013.\n\n \n\nFollowing is the summary of the buyback completed in fiscal 2023:\n\n \n\nPeriod\n\n \n\n(a)Total number\nof shares\npurchased\n\n \n\n \n\n(b)Average price\npaid per share\n(in INR)\n\n \n\n \n\n(c)Total number\nof shares\npurchased\nas part of publicly\nannounced\nbuyback\n\n \n\n \n\n(d)Maximum\nnumber\nof shares that\nmay yet to be\npurchased under\nthe buyback\n\n \n\nDecember 7, 2022 to December 31, 2022\n\n \n\n \n\n25,164,000\n\n \n\n \n\n \n\n1,536.18\n\n \n\n \n\n \n\n25,164,000\n\n \n\n \n\nNA\n\n \n\nJanuary 1, 2023 to January 31, 2023\n\n \n\n \n\n26,206,500\n\n \n\n \n\n \n\n1,529.03\n\n \n\n \n\n \n\n26,206,500\n\n \n\n \n\nNA\n\n \n\nFebruary 1, 2023 to February 10, 2023\n\n \n\n \n\n9,055,848\n\n \n\n \n\n \n\n1,576.12\n\n \n\n \n\n \n\n9,055,848\n\n \n\n \n\nNA\n\n \n\nTotal\n\n \n\n \n\n60,426,348\n\n \n\n \n\n1,539.06*\n\n \n\n \n\n \n\n60,426,348\n\n \n\n \n\n \n\n—\n\n \n\n* Represents price for the period between December 7, 2022, to February 10, 2023."}