MoneyWorks4Me

Infinite Computer Solutions completes 40% of Buy-Back offer

20 Aug 2013 Evaluate

Infinite Computer Solutions has bought back 12,07,556 equity shares (3,61,097 on BSE and 8,46,459 on NSE) up-to August 19, 2013 for an aggregate consideration of Rs. 1,230.66 lakhs, which is 41.02% of the Maximum Buyback Offer Size of Rs. 3,000 lakhs.

Infinite Computer Solution has three main service offerings - Infrastructure Management, Intellectual Property (IP) leveraged solutions and IT services focused on the Telecom and Media, Technology, Manufacturing and Healthcare industry.

Peers
Company Name CMP
TCS 2071.70
Infosys 1003.00
HCL Technologies 1253.70
Wipro 161.70
Tech Mahindra 1543.30
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