Key Dates and Timeline

  • Public Announcement Date: May 22, 2026
  • Letter of Offer Date: June 9, 2026
  • Tendering Period: June 11, 2026 to June 17, 2026
  • Extinguishment Date: June 25, 2026
  • Certification Date: June 30, 2026

Share Capital Impact

  • Equity share capital before extinguishment: 10,50,35,49,797 shares
  • Number of Equity Shares extinguished: 60,00,00,000 shares
  • Equity share capital after extinguishment: 9,90,35,49,797 shares

Additional Share Allotments

Post-dispatch of the Letter of Offer, the company allotted additional shares to employees:

  • 7,41,918 Equity Shares allotted on June 9, 2026 under employee stock option plans
  • 5,37,492 Equity Shares allotted on June 19, 2026 under employee stock option plans

These shares were included in the Issued, Subscribed and Fully Paid-up Equity Share Capital calculations.

Extinguishment Details

Dematerialized Shares Extinguished:

  • Depository Participant: JM Financial Services Limited (DP ID: IN302927)
  • Company Account No.: 10288238
  • Date of Extinguishment: June 25, 2026
  • Number of Shares: 59,99,96,904

Physical Shares Extinguished:

  • Registered Folio No.: WPL061296
  • Certificate No.: 1022158
  • Distinctive Numbers: 682308662 to 682311757
  • Date of Extinguishment: June 25, 2026
  • Number of Shares: 3,096

Total Shares Extinguished:

  • Dematerialized + Physical: 60,00,00,000 shares

Post-Buyback Shareholding Pattern

| Category of Shareholder | Pre-Buyback Shares | Pre-Buyback % | Post-Buyback Shares | Post-Buyback % |

| Promoter and Promoter Group | 7,61,68,40,898 | 72.52% | 7,18,87,95,772 | 72.59% |

| Foreign Investors | 1,21,68,26,162 | 11.58% | 2,71,47,54,025 | 27.41% |

| Financial Institutions/Banks, NBFCs & Mutual Funds | 59,08,46,761 | 5.63% | - | - |

| Others (Public, Bodies Corporate, etc.) | 1,07,90,35,976 | 10.27% | - | - |

| Total | 10,50,35,49,797 | 100.00% | 9,90,35,49,797 | 100.00% |

Certification and Confirmation

The extinguishment was certified by:

  • V Sreedharan & Associates, Secretarial Auditor (Firm Registration No: P1985KR014800)
  • Partner: Pradeep B Kulkarni (ICSI Membership No: 7260)
  • Confirmation received from National Securities Depository Limited for dematerialized shares extinguishment (Ref: II/CA/COM/65826/2026)

Parties Involved

  • Registrar to the Buyback: KFin Technologies Limited
  • Depository Participant: JM Financial Services Limited
  • Secretarial Auditor: V Sreedharan & Associates
  • Stock Exchanges: BSE Limited, National Stock Exchange of India Limited, NYSE

Document Signatories

  • Sanaulla Khan Mohammed, Company Secretary
  • Rishad A. Premji, Chairman
  • Srinivas Pallia, Chief Executive Officer and Managing Director