Infosys, the country's second-largest software company, it may decide to go in for its first-ever share buyback in may, worth USD 2.5 billion.
According the report, the Infosys board on Thursday recommended the adoption of new Articles of Association of the company to conform with the Companies Act of 2013. It has also sought shareholder approval via postal ballot.
As per the report, sources said that - The promoters led by founder and former Chief NR Narayan Murthy will not oppose the buyback.
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