Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 58

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 58
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 of the Depository Scheme, 2014 and the terms of the ADSs.                                                                                                                                                                               |

| 22.29 | If an ADS holder withdrew Equity Shares underlying his or her ADSs after the ADS postal ballot cut-off date and prior to the last date of the Tendering Period, such ADS holder will be able to re-deposit against the creation of ADSs any of such Equity Shares that are not 
 tendered in the Buyback, or if tendered, are not accepted in the Buyback, and receive in return ADSs representing such re-deposited Equity Shares if such ADS holder has such Equity Shares delivered to the                                                                   
 Custodian for the Depositary (along with ADS issuance instructions) on or prior to 30 days after expiration of the Tendering Period. The Depositary has agreed to waive the ADS issuance fee that would otherwise be payable in connection with the                            
 issuance of ADSs representing such re-deposited Equity Shares during such 30-day period.                                                                                                                                                                                       |

| 22.30 | Withdrawn Equity Shares for which the aforementioned re-deposit does                                                                                                                                              
 not occur and / or instruction is not given within such 30-day period, as well as Equity Shares withdrawn prior to the ADS postal ballot cut-off date or after the last                                           
 day of the Tendering Period, may only be re-deposited against the creation of ADSs to the extent a specified maximum number of outstanding ADSs would not be exceeded. Accordingly, the Company cannot assure ADS 
 holders that such Equity Shares will be able to be re-deposited against the creation of ADSs. In addition, in these circumstances, the ADS issuance fee would not be waived with respect to the issuance of ADSs  
 representing such Equity Shares.                                                                                                                                                                                  |

| 23. | PROCEDURE FOR TENDER / OFFER AND SETTLEMENT |

| 23.1 | The Buyback is open to all Eligible Shareholders who hold Equity Shares either in physical form or                                                                                                                                                      
 dematerialized form as on the Record Date and includes holders of ADSs who submitted the desired number of ADSs to the Depositary for cancellation and withdrew the underlying Equity Shares from the American Depositary Receipt program no later than 
 the Record Date. The Company will effect the Buyback through a Tender Offer, on a proportionate basis. This Letter of Offer and Tender Form shall be sent through electronic means to Eligible Shareholder(s) who have registered their email ids with  
 the Depositories / the Company and via speed post or courier to Equity