Infosys approves Rs 13,000 crore share buyback plan after Sikka resigns
Infosys approves Rs 13,000 crore share buyback plan after Sikka resigns
After Vishal Sikka, Managing Director and Chief Executive Officer, Infosys resigned from the post, the company on Saturday approved Rs 13,000 crore share buyback proposal.
The company in a regulatory filing said, "Approved a proposal for the company to buyback its fully paid-up equity shares of face value of Rs 5 each, from the equity shareholders of the company as on a record date to be announced later, for an amount not exceeding Rs 13,000 crore."
No change in share buyback plan after Sikka's resignation, Infosys says
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.