CMS Info Systems Limited has announced a buyback of up to 49,39,126 equity shares, representing 3% of its total paid-up capital. The shares will be repurchased at a price of ₹340 per share, with an aggregate value not exceeding ₹167.93 crore. The buyback will be executed through the Tender Offer route, with the window open from May 29, 2026, to June 4, 2026.
Buyback Overview and Pricing
CMS Info Systems Limited has approved a buyback of its fully paid-up equity shares from eligible shareholders as of the record date, May 22, 2026. The company will acquire up to 49,39,126 shares at a price of ₹340 per share. This initiative, aimed at optimizing capital structure and returning surplus funds to shareholders, involves a total cash payout not exceeding ₹167.93 crore.
Buyback Schedule
The buyback program is scheduled to commence on May 29, 2026, and will remain open until June 4, 2026. Shareholders must ensure that their completed tender forms and other necessary documents are received by the registrar on or before 5:00 PM (IST) on June 4, 2026. The final settlement of bids is expected to be completed by June 11, 2026.
Strategic Rationale
The company maintains a strong financial position, reporting consolidated cash and investments of ₹610.08 crore as of March 31, 2026. The board has initiated this buyback to provide an efficient mechanism for distributing surplus cash, enhancing shareholder returns, and improving key financial metrics, including return on net worth and earnings per share, by reducing the equity capital base.
Shareholder Entitlement
The buyback is segmented into two categories: a Reserved Category for Small Shareholders, with an entitlement ratio of 1 equity share for every 18 held, and a General Category, with an entitlement ratio of 1 equity share for every 36 held. Eligible shareholders may tender shares up to their entitlement or, if they wish, offer additional shares, which will be subject to acceptance based on the overall participation in the offer.
Source: BSE
