InfoBeans Technologies Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

InfoBeans Technologies has announced a buyback of up to 2,15,520 equity shares (0.88% of total) at ₹464 per share, amounting to around ₹10 Cr. The buyback targets public shareholders only, with promoters opting out. This strategic move aims to enhance return on equity and optimize the capital structure. Sarthi Capital Advisors will manage the buyback through a tender offer. The record date for participation is set for May 27, 2025. This signals management’s focus on shareholder value enhancement.