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InfoBeans Technologies Limited — Capital/Financing Update 2025
May 15, 2025
61086_rns_2025-05-15_aa9be714-4284-428c-93bb-bfb422178973.pdf
Capital/Financing Update
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Date: 15[th] May, 2025
To,
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The Listing and Compliance Department, The Manager, National Stock Exchange of India Limited Listing Dept. Exchange Plaza, 5[th] Floor, BSE Limited Plot No. C/1, G block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai – 400051 Mumbai-400001 Script Code: SM – INFOBEAN MH- IN SYMBOL: INFOBEAN Scrip Code: 543644
Subject : Press Release
Dear Sir/Madam,
Please find attached press release announcing the Buy Back of shares of the company. You are requested to please take the same on your records.
Thanking You Yours Faithfully
Enclosed: Press Release
For InfoBeans Technologies Ltd
Surbhi Digitally signed by Surbhi Jain Jain Date: 2025.05.15 21:16:21 +05'30' Surbhi Jain Company Secretary and Compliance Officer
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InfoBeans offers 29% higher buyback price
InfoBeans Technologies Limited (NSE: INFOBEAN, BSE:543644), a global AI-led software and data engineering company, announced the Buy Back of fully paid-up equity shares of the company.
The Board of Directors of InfoBeans Technologies in its meeting held on 15th May, 2025 approved the buyback up to 2,15,520 equity shares.
The shares will be bought back at INR 464/- per equity share, putting the size of the buyback to INR 10 Crores. It is 29% higher than its last closing price of INR 359.7 on NSE as of May 15, 2025.
The buyback will be done through the “tender offer”, being available to all the Shareholders of the company who hold Shares as on the “Record Date” of May 27, 2025.
A Gesture to Reward Shareholders
The buyback reflects InfoBeans’ ongoing commitment to delivering value to its shareholders. By offering a significant premium to its current market price, the company aims to reward its investors for their continued trust and support over the years. The buyback price of INR 464 per share represents an eightfold (8x) increase from the listing price of INR 58 when the company went public eight years ago on May 2, 2017, highlighting the consistent value creation and strong financial performance achieved during this period.
Importantly, the promoters of the company have voluntarily decided not to participate in this buyback. This move not only reaffirms their unwavering confidence in the future growth and fundamentals of InfoBeans but also ensures that the benefits of this buyback are passed entirely to public shareholders. Their decision underscores a long-term vision and a shareholder-first approach.
About InfoBeans
InfoBeans specializes in AI-led software engineering for its enterprise clients to solve their most complex business problems. Strengthened by the partnership with Salesforce, ServiceNow, and Microsoft, our services enable corporations to transform their businesses and gain a competitive advantage digitally. InfoBeans Foundation, our CSR arm, helps underprivileged sections of society become employable through our free one-year training program.
Creating WOW! is not just a tagline for us; it’s our religion!
Investor Relations Contact: [email protected]