Ques:- What will be the implication if some Infosys’ promoters will also tender shares in the buyback?
Right Answer:
If some Infosys promoters tender shares in the buyback, it may signal confidence in the company's future, potentially boost investor sentiment, and reduce the overall shareholding percentage of promoters, which could impact control and governance.
If some Infosys promoters tender shares in the buyback, it may signal confidence in the company's future, potentially boost investor sentiment, and reduce the overall shareholding percentage of promoters, which could impact control and governance.