Latest Buyback Dates Announced
Infosys Ltd has now announced the official important dates for the buyback:
How to Apply for Infosys Buyback Using ProStocks Mobile App
ProStocks clients can apply quickly and easily from the mobile app. Follow these steps:
- Open the ProStocks Mobile App
- Login using your credentials
- Tap on More (bottom menu)
- Select BIDS
- Choose Open Offer
- Locate Infosys Buyback
- Enter the number of shares you wish to tender
- Confirm submission
The buyback option will be visible and enabled in the ProStocks app
from 10:00 AM on 20 November 2025 (Buyback Opening Date).
TDS Deduction – What Investors Must Know
Under Section 115QA, buyback proceeds are classified as “Deemed Dividend”.
Accordingly, Infosys will deduct TDS on the buyback payout.
For Resident Investors
- TDS deducted at 10% on the gross buyback amount.
- The payout must be declared under Income from Other Sources.
- The cost of acquisition becomes a capital loss, which can be set off or carried forward.
For Non-Resident Investors
- TDS withheld at approximately 20% + applicable surcharge & cess.
- Payout is reported as Dividend Income for tax purposes.
- Capital loss arising from the buyback can be claimed as per applicable rules.
The contract note/payout advice will clearly show:
- Total shares accepted
- Buyback price (₹1,800)
- Total payout
- TDS deducted
Expected Acceptance Ratio (Indicative)
The final acceptance ratio will depend on the total number of shares tendered.
A mandatory 15% reservation exists for “Small Shareholders”
(holding shares worth ≤ ₹2,00,000 as on record date).
Historically, Infosys buybacks have seen higher acceptance in the Small Shareholder category,
while the General category receives proportionately lower acceptance.
What Should Investors Do Now?
- Ensure the correct quantity of shares is present in your demat account as on the record date.
- Decide how many shares you plan to tender under the buyback.
- Apply via the ProStocks Mobile App between 20 November – 26 November 2025.
- After acceptance, verify payout and TDS details in your contract note / statement.
- Declare income and claim TDS credit when filing your tax return.
