Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 27

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 27
---
 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 to such Eligible Shareholders by registered post or by ordinary post or courier at the Eligible Shareholders’ sole risk. The Company also encourages Eligible Shareholders holding physical shares to dematerialize their physical shares. |

| ii. | If however, only a portion of the physical shares held by an Eligible Shareholder is accepted in the Buyback                                                                                                                                         
 then the Company shall instead of issuing a split share certificate towards the unaccepted shares, issue a Letter of Confirmation (“LOC”) in accordance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated                          
 January 25, 2022, as amended, with respect to the new consolidated share certificate for the unaccepted Equity Shares tendered in the Buyback. The LOC shall be dispatched to the address registered with the RTA. The RTA shall retain the original 
 share certificate and deface the certificate with a stamp “Letter of Confirmation Issued” on the face / reverse of the certificate to the extent of the excess physical shares. The LOC shall be valid for a period of 120 days from the date        
 of its issuance,                                                                                                                                                                                                                                     |

within which the Equity Shareholder shall be required to make a request to their depository participant for dematerializing the physical Equity Shares. In case the Equity Shareholder fails to submit the demat request within the aforementioned period, the RTA shall credit the physical Equity Shares to a separate demat account of the Company opened for the said purpose. The lien marked against unaccepted Equity Shares will be released, if any, or would be returned by registered post or by ordinary post or courier (in case of physical shares) at the Eligible Shareholders’ sole risk. Eligible Shareholders should ensure that their depository account is maintained till all formalities pertaining to the