Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 54

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 54
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.1 above, in case there are any Equity Shares left to be                                                                                                                                              
 bought back in the General Category, the Additional Equity Shares tendered by the other Eligible Shareholders over and above their Buyback Entitlement shall be Accepted in proportion of the Additional Equity Shares tendered by them and the           
 acceptances per shareholder shall be made in accordance with the Buyback Regulations, i.e. valid acceptances per shareholder shall be equal to the Additional Equity Shares validly tendered by the Eligible Shareholders divided by the total Additional 
 Equity Shares validly tendered in the General Category and multiplied by the total pending number of Equity Shares to be Accepted in General Category.                                                                                                    |

Adjustment for fractional results in case of proportionate acceptance as described above:

| 22.20 | For any Eligible Shareholder, if the number of Additional Equity Shares to be Accepted, calculated on a                                                                                                                                               
 proportionate basis is not in the multiple of one and the fractional Acceptance is greater than or equal to 0.50, then the fraction would be rounded off to the next higher integer. For any Eligible Shareholder, if the number of Additional Equity 
 Shares to be Accepted, calculated on a proportionate basis is not in the multiple of one and the fractional Acceptance is less than 0.50, then the fraction shall be ignored.                                                                         |

Basis of Acceptance of Equity Shares between categories

| 22.21 | In case there are any Equity Shares left to be bought back in one category (“Partially Filled                                                                                                                                                            
 Category”) after Acceptance in accordance with the above described methodology for both the categories, and there are additional unaccepted validly tendered Equity Shares in the second category (“Over Tendered                                        
 Category”), then the further Additional Equity Shares in the Over Tendered Category shall be Accepted proportionately (i.e., valid Acceptances per Eligible Shareholder shall be equal to the additional outstanding Equity Shares validly               
 tendered by an Eligible Shareholder in the Over Tendered Category divided by the total additional outstanding Equity Shares validly tendered in the Over Tendered Category and multiplied by the total pending number of Equity Shares to be bought back 
 in the Partially Filled Category).                                                                                                                                                                                                                       |

| 22.22 | If the Partially Filled Category is the General Category, and the Over Tendered Category is the Reserved                                                                                                                                                  
 Category for Small Shareholders, then any Small Shareholder, for the purpose of this calculation, the Additional Equity Shares tendered by such Small