Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 63

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 63
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 in accordance with the applicable mechanism prescribed by Indian Stock Exchanges and the Clearing Corporation from time to time.                 |

| 14.4. | For the Eligible Shareholders holding Equity Shares in physical form, the funds                                                                        
 pay-out would be given to their respective Stock Broker’s settlement accounts for releasing the same to the respective Eligible Shareholder’s account. |

| 14.5. | Details in respect of shareholder’s entitlement for Tender Offer process will be provided to the Clearing                                                                                                                                              
 Corporation by the Company or Registrar to the Buyback. On receipt of the same, Clearing Corporations will cancel the excess or unaccepted blocked shares in the demat account of the shareholder. On settlement date, all blocked shares mentioned in 
 the accepted bid will be transferred to the Clearing Corporations.                                                                                                                                                                                     |

| 14.6. | In the case of inter depository, Clearing Corporations will cancel the excess or unaccepted shares in target                                                                                                                                        
 depository. Source depository will not be able to release the lien without a release of IDT message from target depository. Further, release of IDT message shall be sent by target depository either based on cancellation request received from   
 Clearing Corporations or automatically generated after matching with bid accepted detail as received from the Company or the Registrar to the Buyback. Post receiving the IDT message from target depository, source Depository will cancel/release 
 excess or unaccepted block shares in the demat account of the shareholder. Post completion of the Tendering Period and receiving the requisite details viz., demat account details and accepted bid quantity, source depository shall debit the     
 securities as per the communication/message received from target depository to the extent of accepted bid shares from shareholder’s demat account and credit it to Clearing Corporation settlement account in target depository on settlement date. |

| 14.7. | The Equity Shares bought back in the dematerialized form would be transferred directly to the demat account of                                                                                                        
 the Company opened for the Buyback (“Company Demat Account”) provided it is indicated by the Company’s Broker or it will be transferred by the Company’s Broker to the Company Demat Account on receipt of the Equity 
 Shares from the clearing and settlement mechanism of the Indian Stock Exchanges.                                                                                                                                      |

| 14.8. | In relation to the physical Equity Shares: |

| i. | If physical Equity Shares tendered by Eligible Shareholders are not accepted, the share certificate would be                                                                                                                                        
 returned