Company: INFY
Filing Date: 2025-07-01
Form Type: 20-F
Source: 0000950170-25-091925
Chunk: 121

Company: Infosys Ltd
Filing Date: 2025-07-01
Form: 20-F
Item: Item 6
Chunk 121
---
, 2023, accordingly the exercises in the above table are for the period March 22, 2023, to March 31, 2023.
(2)Mohit Joshi, resigned as President effective March 11, 2023, and was on leave till June 9, 2023 which was his last date with the company.
(3)Ravi Kumar S resigned as President effective October 11, 2022.
(4)Krishnamurthy Shankar retired as Group Head – Human Resources and Infosys Leadership Institute effective March 21, 2023.

 

The following table gives details of outstanding RSUs and stock options held by KMPs as of March 31, 2025:

                            As of March 31, 2025                       
Name of KMP                 RSU                         Stock Options  
2015 Plan: Equity settled                                              
Salil Parekh                      401,265                        —     
Jayesh Sanghrajka(1)               79,382                              
Inderpreet Sawhney                152,024                        —     
Shaji Mathew                       42,491                              
                                  675,162                        —     
2019 Plan: Equity settled                                              
Salil Parekh                       70,699                        —     
Jayesh Sanghrajka(1)               39,466                              
Inderpreet Sawhney                 64,284                        —     
Shaji Mathew                       27,491                        —     
                                  201,940                        —     
Total                             877,102                        —     

(1)Jayesh Sanghrajka was appointed as Chief Financial Officer of the Company effective April 01, 2024.

Term of Office

The Indian Companies Act, 2013 precludes independent directors from retiring by rotation. Independent directors shall hold office for a term up to five consecutive years on the board of directors of the company and will be eligible for re-appointment on passing of a special resolution by the Company. Accordingly, Salil Parekh, Chief Executive Officer and Managing Director, retires by rotation at the 2025 Annual General Meeting pursuant to applicable provisions on rotation of directors as per Indian Companies Act, 2013. Being eligible for re-appointment as director, Salil Parekh has sought re-appointment and the Board has recommended the same for the approval of the shareholders. Salil Parkh's re-appointment has been approved by the shareholders of the Company till March 31, 2027 in the AG