Buyback14 May 2026, 10:21 pm
CMS Info Systems: Buyback at ₹340/Share; Record Date May 22, 2026
AI Summary
CMS Info Systems Ltd's board approved a buyback of up to 49,39,126 equity shares, representing 3% of the total paid-up equity share capital, at ₹340 per share, payable in cash. The aggregate amount for the buyback will not exceed ₹167,93,02,840. The record date for determining shareholder eligibility is set for May 22, 2026. The board also recommended a final dividend of ₹2.50 per equity share. Audited financial results for the year ended March 31, 2026, were approved with an unmodified opinion from the statutory auditors.
Key Highlights
- CMS Info Systems announces buyback of shares at ₹340 per share.
- Buyback size is up to 49,39,126 equity shares, 3% of total equity.
- Record date for buyback eligibility is Friday, May 22, 2026.
- Final dividend of ₹2.50 per share recommended, subject to AGM approval.
- Audited financial results for FY26 approved with unmodified auditor opinion.