Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 81

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 81
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 Ballot Notice, as well as in this Letter of Offer. Each ADS holder should consult their own tax advisor with respect to the U.S. federal, state and local tax consequences of withdrawing and re-depositingequity shares, as well as the tax consequences of participating in the Buyback. EACH U.S. HOLDER SHOULD CONSULT ITS OWN TAX ADVISOR REGARDING THE TREATMENT OF DIVIDENDS AND SUCH U.S. HOLDER’S ELIGIBILITY FOR REDUCED RATE OF TAXATION UNDER THE LAW IN EFFECT FOR THE YEAR OF THE BUYBACK AND WHETHER ANY FOREIGN TAX CREDITS ARE AVAILABLE TO IT IN RESPECT OF INDIAN TAX, IF ANY. STT: As an overall point, since the Buyback is to be undertaken through the settlement mechanism on the Indian Stock Exchanges, such transaction is chargeable to the Securities Transaction Tax (“ STT”). STT is a tax payable in India on the value of securities on every purchase or sale of specified securities that are listed on the recognised Stock Exchanges in India. Currently, the STT rate applicable on the purchase or sale of shares on the stock exchange is 0.10% of the value of the transaction. Rate of Surcharge and Cess: In addition to the basic tax rate, surcharge, education cess and secondary and higher education cess are leviable as follows: Surcharge: In case of individuals, HUF, AOP and BOI: Surcharge at 15% is leviable where the total income exceeds ₹10 million (approximately US$ 0.11 million) and at 10% where the total income exceeds ₹5 million (approximately US$ 0.06 million) but does not exceed ₹10 million (approximately US$ 0.11 million). In case of foreign companies: Surcharge at 5% is leviable where the total income exceeds ₹100 million (approximately US$ 1.14 million) and at 2% where the total income exceeds ₹10 million (approximately US$ 0.11 million) but does not exceed ₹100 million (approximately US$ 1.14 million). The U.S. dollar amounts are based on the exchange rateof ₹88.06/USD as of September 19, 2025 (Source: http://www.federalreserve.gov/releases/h10/hist/dat00_in.htm) Cess: Heath and Education Cess at 4% is leviable in all cases Taxation for American Depositary Share Holders: As described