Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 73

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 73
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JECT TO COMPLETION

| 23.28.10 | The Stock Broker would issue contract note for the Equity Shares accepted under the Buyback. The                   
 Company’s Broker would also issue a contract note to the Company for the Equity Shares accepted under the Buyback. |

| 23.28.11 | Equity Shareholders who intend to participate in the Buyback should consult their respective stock broker for                                                                                                                                         
 payment to them of any cost, applicable taxes, charges and expenses (including brokerage) that may be levied by the Stock Broker upon the selling Eligible Shareholder for tendering Equity Shares in the Buyback (secondary market transaction). The 
 Manager to the Buyback and the Company accept no responsibility to bear or pay any additional cost, applicable taxes, charges and expenses (including brokerage) levied by the stock broker, and such costs will be incurred solely by the Eligible   
 Shareholders.                                                                                                                                                                                                                                         |

| 23.28.12 | The Equity Shares lying to the credit of the Company Demat Account and the Equity Shares bought back and                        
 accepted in physical form will be extinguished in the manner and following the procedure prescribed in the Buyback Regulations. |

| 23.29 | Rejection Criteria |

The Equity Shares tendered by Eligible Shareholders would be liable to be rejected on the following grounds. For Eligible Shareholders holding shares in the dematerialized form if:

| i. | The Shareholder is not an Eligible Shareholder of the Company as on the Record Date; |

| ii. | There exists any restraint order of a Court/any other competent authority for transfer/disposal/ sale or where                                                                     
 loss of share certificates has been notified to the Company or where the title to the Equity Shares is under dispute or otherwise not clear or where any other restraint subsists. |

For Eligible Shareholders holding Equity Shares in the physical form if:

| i. | The documents mentioned in the Tender Form for Eligible Shareholders holding Equity Shares in physical form are 
 not received by the Registrar on or before the close of business hours of [•], 2025 (by 5 p.m. IST);            |

| ii. | If there is any other company’s share certificate enclosed with the Tender Form instead of the share                                                              
 certificate of the Company. Please note that the share certificates stating face value of ₹ 10 each were cancelled and no longer valid. Equity Shares tendered by 
 Eligible Shareholders holding share certificates of ₹ 10 each would be rejected if