The buyback offer of Infinite Computer Solutions begins on Friday and ends on February 23. The company plans to buyback up to 56.60 lakh equity shares, representing 14.62 per cent of its paid-up equity share capital, at ₹265 a share. The buyback will be on a proportionate basis through tender offer. The ratio of the buyback is: in case of small shareholders - 40 shares for every 123 held; and for others 320 shares for every 2,401 shares, as on record date, December 23.

(This article was published on February 9, 2017)
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