Just to confirm, this is only an example of a tender form and is not the Infosys tender form. That being said, Infosys will calculate the ‘number of equity shares entitled for buyback’ based on the number of equity shares you hold and this will be mentioned in your tender form like above.
Let’s take the above numbers itself for an example:
Number of equity shares held on record date: 75
Number of equity shares entitled for buyback: 33
Number of equity shares offered for buyback:
Here you can enter any number from 1 to 75. If you enter any number from 1 to 33, it will be compulsorily bought back by Infosys as you are entitled to it. You can also enter a number between 34 to 75. These additional shares that you hold may or may not be bought back depending on the number of people applying for the buyback. Say you enter 75 shares for buyback, here 33 will be compulsorily bought back and any extent of the additional shares eligible for the buyback will depend on the number of people applying and the number of shares Infy are allowed to buyback.