<h1>Company approves record Rs18,000 crore buyback to repurchase 10 crore shares at Rs1,800 each, about 19% premium</h1> The company's board approved a record share buyback program totalling Rs 18,000 crore to repurchase 10 crore fully paid equity shares of face value Rs 5 each, representing up to 2.41% of paid-up equity, at Rs 1,800 per share (about a 19% premium to the prior closing price). The decision was disclosed in an exchange filing noting recent free cash flow of about USD 884 million. The move follows prior buybacks in 2017, 2019, 2022 and 2022-23 and uses a higher per-share price than the company's recent market close.