CMS Info Systems Limited Announces Buyback of Equity Shares at ₹340 Per Share
CMS Info Systems Limited (the Company) has announced a buyback of up to 49,39,126 fully paid-up equity shares. The buyback, which will take place on a proportionate basis through the tender offer route, is scheduled to proceed at a price of ₹340 (Rupees Three Hundred Forty only) per Equity Share, payable in cash.The proposed transaction carries an aggregate consideration of up to ₹167,93,02,840 (Rupees One Hundred Sixty-Seven Crore Ninety Three Lakh Two Thousand Eight Hundred Forty only).
The Company’s Board of Directors approved the buyback during its meeting held on May 14, 2026. The buyback is designed to distribute surplus cash to shareholders, enhance return on equity, and improve overall shareholder value.
Buyback Details and Timeline
The process involves eligible shareholders tendering their shares through the designated stock exchange mechanism. Key dates and details include:
| Detail | Description |
|---|---|
| Shares Proposed to Buyback | Up to 49,39,126 shares |
| Face Value per Share | ₹1 0/- (Rupees Ten only) |
| Buyback Price | ₹340/- per Equity Share |
| Maximum Consideration | ₹167,93,02,840 |
| Record Date | May 22, 2026 |
| Tender Offer Period | May 29, 2026, to June 4, 2026 |
Funding Sources
The total funds required for the buyback are planned to be sourced from the Company’s free reserves and securities premium account, ensuring the transaction remains within statutory limits. As of March 31, 2026, the maximum permissible capital payment was confirmed to be within 10% of the total paid-up capital and free reserves on both standalone and consolidated bases.
The financial parameters supporting the buyback show the following figures:
| Particulars | Standalone (₹ Million) | Consolidated (₹ Million) |
|---|---|---|
| Total Paid-up Equity Share Capital and Free Reserves | 22,212.84 | 23,415.95 |
| Permissible Capital Payment towards Buyback (Section 68(2)(c)) | 5,553.21 | 5,053.92 |
| Amount approved by the Board of Directors | 1,679.3 | - |
The Company confirmed that the total consideration for the buyback will be paid exclusively by way of cash.
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Western Carriers (India) Limited Reports Financial Results for the Period Ended March 31, 2026
Western Carriers (India) Limited has announced its financial results for the quarter and year ended March 31, 2026. The results were approved by the Board of Directors at a meeting held on May 16, 2026, and carry an unmodified opinion from the statutory auditors.Quarterly Financial Highlights
The following table summarizes the key financial metrics for the quarter ended March 31, 2026, compared to the previous periods:
| Particulars | Quarter ended March 31, 2026 | Quarter ended Dec 31, 2025 (Unaudited) | Quarter ended March 31, 2025 (Audited) |
|---|---|---|---|
| Total Revenue from operations (₹ Million) | 146.50 | 4,957.16 | 4,780.89 |
| Net Profit before tax (₹ Million) | 112.52 | 189.69 | 527.51 |
| Net Profit after tax (₹ Million) | 82.58 | 140.78 | 388.16 |
| Total Comprehensive Income (₹ Million) | 87.35 | 109.17 | 388.89 |
Annual Financial Highlights
For the full year ending March 31, 2026, the Company reported significant figures:
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| Total Revenue from operations (₹ Million) | 4,957.16 | 18,292.38 |
| Net Profit before tax (₹ Million) | 878.33 | 527.51 |
| Net Profit after tax (₹ Million) | 388.16 | 651.30 |
| Total Comprehensive Income (₹ Million) | 649.15 | 522.67 |
CMSINFO Stock Price Movement
Shares of CMS Info Systems Limited today slipped by 0.38% to settle at ₹301.4. The stock traded on a total volume of 359,884 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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