Buyback Alert: CMS Info Systems Announces Rs 340/Share Offer; Check Record Date

CMS Info Systems Ltd. has announced a share buyback of up to Rs 167 crore on Thursday. The company is looking to acquire approximately 49 lakh fully paid up equity share at Rs 340 per piece. The buyback price is at a premium of 15% to Thursday's close of Rs 303 per share.

The stocks make up 3% of the total number of equity shares in the total paid-up equity share capital of the company, according to an exchange filing on BSE.

Additionally, the board of directors have fixed May 22, 2026 as the record date for the purpose of determining eligibility of shareholders for tendering shares under this buyback offer, the filing stated. 

CMS Info underlined that \the buyback size does not include transaction costs such as: brokerage costs, fees, turnover charges, applicable taxes on this, securities transaction tax, goods and services tax, stamp duty, and so on. 

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Moreover, it also does not include "expenses incurred or to be incurred for the buyback like filing fees payable to the Securities and Exchange Board of India (“SEBI”), advisors/ legal fees, public announcement publication expenses, printing and dispatch expenses and other incidental and related expenses, etc.," the company clarified. 

The buyback announcement was made along with the CMS Info Systems' fourth quarter result and dividend announcement. 

Net profit of the company for the quarter under review surged 37.8% sequentially to Rs 79.1 crore from Rs 57.4 crore. Revenue rose 2.41% to Rs 633 crore from Rs 618 crore in the preceding quarter. 

Earnings before interest and taxes were up 21.6% to Rs 102 crore as against Rs 83.8 crore and margin expanded to 16.1% from 13.6% in Q3 of fiscal 2026. 

CMS Info has declared a dividend of Rs 2.50per equity share of face value of Rs 10 each fully paid up (representing 25%).

CMS Info Share Price

The company's stock closed 2.26% higher at Rs 303 apiece on the NSE on Thursday, this compared to a 1.18% advance in the benchmark Nifty index. 

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