Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 32

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 32
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 the cost of                                                                                                                               
 financing the Buyback, being a temporary reduction in the treasury income that the Company could have otherwise earned on the funds deployed till the time such funds were distributed to shareholders as per the Capital Allocation Policy. |

| 13.4 | The Company shall transfer from its free reserves, a sum equal to the nominal value of the equity shares so                                           
 bought back to the Capital Redemption Reserve Account and details of such transfer shall be disclosed in its subsequent audited financial statements. |

| 13.5 | The borrowed funds from banks and financial institutions, if any, will not be used for the Buyback. |

| 14. | DETAILS OF THE ESCROW ACCOUNT AND THE AMOUNT TO BE DEPOSITED THEREIN |

| 14.1 | In accordance with Regulation 9(xi) of the Buyback Regulations, an Escrow Agreement has been entered into 
 amongst the Company, the Manager and the Escrow Agent.                                                    |

| 14.2 | In accordance with the Buyback Regulations and pursuant to the Escrow Agreement, the Company has opened an                       
 Escrow Account in the name and style “[•]” bearing account number [•] with the Escrow Agent having its registered office at [•]. |

| 14.3 | In accordance with the Regulation 9(xi) of the Buyback Regulations, the Company has deposited a sum of ₹ [•]/- (Rupees [•] Only) in the Escrow Account, which is the aggregate of 25% up to 
 ₹ 100 crore (Rupees One Hundred Crore only) and 10% thereafter of the Buyback Offer Size in accordance with the Buyback Regulations. In accordance with the                                 
 Buyback Regulations, the Manager to the Buyback is empowered under the Escrow Agreement to operate the Escrow Account.                                                                      |

| 14.4 | In accordance with Regulation 10 of the Buyback Regulations, the Company shall immediately after the closure of                                                                                                                                     
 the Tendering Period deposit the amount of consideration payable to the Eligible Shareholders in a special escrow account with the Escrow Agent. Such consideration would be the aggregate of 90% of the amount lying in the Escrow Account and the 
 balance amount payable to the Eligible Shareholders and will constitute the entire sum due and payable as consideration for the Buyback in terms of the Buyback Regulations.                                                                        |

| 15. | FIRM FINANCING ARRANGEMENTS |

| 15.1 | The Company,