Infosys promoters and their group, including Nandan M Nilekani and Sudha Murty, have chosen not to take part in the company’s ₹18,000 crore share buyback, as stated in a regulatory filing on Wednesday. The promoters hold a combined 13.05 percent of the firm’s equity as of the buyback announcement date. The Promoter and Promoter Group conveyed their decision against participating in the Buyback through letters dated September 14, 2025, September 16, 2025, September 17, 2025, September 18, 2025, and September 19, 2025. Infosys noted that depending on the response to the Buyback, the voting rights of the Promoters and Promoter Group, which currently constitute 13.05 percent, may change.
The promoters include co-founder N R Narayana Murthy’s wife Sudha N Murty, daughter Akshata Murty, and son Rohan Murty. Additionally, it includes co-founder Nandan Nilekani, his wife Rohini Nilekani, and children Nihar and Janhavi Nilekani, along with other co-founders and their families. On September 11, 2025, the Infosys board approved the company’s largest share buyback worth ₹18,000 crore. The plan is to repurchase 10 crore fully paid-up equity shares with a face value of ₹5 each, representing up to 2.41 percent of the total paid-up equity share capital, at ₹1,800 per share.
This buyback takes into account the strategic and operational cash requirements in the medium term and the need to return surplus funds to shareholders efficiently, consistent with Infosys’ capital allocation policy. The policy states that starting from the financial year 2025, the company aims to return approximately 85 percent of the free cash flow cumulatively over five years through a mix of semi-annual dividends, share buybacks, and/or special dividends, as permitted by law and necessary approvals. Additionally, the company plans to increase its annual dividend per share over time, with the buyback expected to enhance long-term shareholder value by reducing the equity base.
