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

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 11
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 of the Act; |

| (ix) | That funds borrowed from Banks and Financial Institutions will not be used for the Buyback; |

| (x) | The aggregate amount of the Buyback i.e.                                                                                                  
 ₹ 18,000 crore (Rupees Eighteen Thousand crore only) does not exceed 25% of the total paid-up capital and free reserves of                
 the Company as per the audited interim condensed standalone and the consolidated financial statements of the Company as on June 30, 2025; |

| (xi) | The number of equity shares proposed to be purchased under the Buyback i.e. 10,00,00,000 (Ten crore), does not 
 exceed 25% of the total number of equity shares in the paid-up equity share capital as on June 30, 2025;       |

| (xii) | The Company shall not make any offer of buyback within a period of one year reckoned from the date of expiry of 
 the Buyback Period, subject to applicable laws;                                                                 |

| (xiii) | The Buyback will not be in contravention of Regulation 4(vii) of Buyback Regulations, i.e. the Company has not                              
 made the offer of Buyback within a period of one year reckoned from the date of expiry of buyback period of the preceding offer of buyback; |

| (xiv) | There is no pendency of any scheme of amalgamation or compromise or arrangement pursuant to the provisions of 
 the Act, as on date;                                                                                          |

| (xv) | The Company shall earmark and make arrangements for adequate sources of funds for the purpose of the Buyback in 
 accordance with the Buyback Regulations;                                                                        |

| (xvi) | The Company will not directly or indirectly purchase its own Equity Shares: or other specified securities: |

| a. | Through any subsidiary company including its own subsidiary companies; or |

| b. | Through any investment company or group of investment companies. |

| (xvii) | Consideration of the Equity Shares bought back by the Company will be paid only by way of cash; |

| (xviii) | The Buyback will not result in delisting of the Equity Shares from BSE Limited and National Stock Exchange of 
 India Limited;                                                                                                |

| (xx) | The buyback offer shall not be withdrawn once the public announcement is made; |

| (xxi) | The Company shall transfer from its free reserves or