Comparison between Infosys Buyback 2022 and Tanla Platforms Buyback 2022.
Infosys Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Tanla Platforms Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.
| Infosys Ltd. | Tanla Platforms Ltd. | |||||||
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| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹5 per share | ₹1 per share | ||||||
| Buyback Price | ₹1850 per share | ₹1200 per share | ||||||
| Issue Size | 14,16,667 shares | |||||||
| Issue Size (Amount) | ₹9,300.00 Crores | ₹170.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | Kotak Mahindra Capital Co.Ltd. | HDFC Bank Ltd. | ||||||
| Necessity of the buyback | The Buyback is being undertaken for the following reasons: i. The Buyback will help the Company to return surplus cash to its members, in line with the Capital Allocation Policy. ii. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base in the long term, thereby leading to long-term increase in members' value | The Buyback is being undertaken for the following reasons:
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Infosys Buyback 2022 and Tanla Platforms Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Infosys Buyback 2022 Buyback record date is . Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022.
| Infosys Ltd. | Tanla Platforms Ltd. | |
|---|---|---|
| Record Date | Oct 25, 2022 | |
| Offer Open Date | Dec 07, 2022 | Dec 20, 2022 |
| Offer Closure Date | Feb 13, 2023 | Jan 02, 2023 |
| Last date for receipt of tender forms | Jan 02, 2023 | |
| Finalisation of buyback | Jan 10, 2023 | |
| Last Date for settlment of bids | Jan 11, 2023 | |
| Last Date for extinguishment of shares | Jan 18, 2023 |
Comparison of Infosys Buyback 2022 and Tanla Platforms Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Infosys Ltd. | Tanla Platforms Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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