Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 50

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 50
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 Promoter and Promoter group have expressed their intention to not participate in the Buyback vide their letters dated September 14, 2025, September 16, 2025, September 17, 2025,                         
 September 18, 2025, and September 19, 2025.                                                                                                                                                                                                               |

| 22.5 | Assuming participation in the Buyback is to the extent of 100% (full acceptance) from all the other Eligible                                                                                                        
 Shareholders up to their Buyback Entitlement, the aggregate shareholding of the Promoters and members of the Promoter Group after the completion of the Buyback shall increase to 13.37% of the post- Buyback total 
 paid-up Equity Share capital of the Company from 13.05% of the pre-Buyback total paid-up Equity Share capital of the Company (as                                                                                    
 on the date of the Public Announcement)                                                                                                                                                                             |

Record Date and Ratio of Buyback as per the Buyback Entitlement in each Category:

| 22.6 | The Company has fixed [•] as the Record Date for the purpose of determining the Buyback Entitlement and 
 the names of the Equity Shareholders, who are eligible to participate in the Buyback.                   |

| 22.7 | The Equity Shares to be bought back pursuant to the Buyback are divided into 2 (two) categories: |

| 22.7.1 | Reserved category for Small Shareholders (“Reserved Category”); and |

| 22.7.2 | General category for all other Eligible Shareholders (“General Category”). |

48

DRAFT—SUBJECT TO COMPLETION

| 22.8 | As defined in the Buyback Regulations, a “Small Shareholder” is an Eligible Shareholder who holds                                                                                                                                                                                                                                                                                                                                                                                                                   
 Equity Shares having market value, on the basis of closing price on BSE or NSE, on which the highest trading volume in respect of the Equity Shares on the Record Date was recorded, of not more than ₹2,00,000 (Rupees Two Lakh only). As on the Record Date, the closing price on [•], the stock exchange having the highest trading volume, was ₹ [•] (Rupees [•] only) per Equity Share. Accordingly, all Eligible Shareholders holding not more than [•] Equity Shares as on the Record Date are classified as 
 ‘Small Shareholders’ for the purpose of the Buyback.                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

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