Company: INFY
Filing Date: 2025-09-26
Form Type: SC TO-C
Source: 0001193125-25-220644
Chunk: 4

Company: Infosys Ltd
Filing Date: 2025-09-26
Form: SC TO-C
Chunk 4
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/2024/133 dated October 3, 2024 issued by the Securities and Exchange Board of India, hereinafter collectively referred to as the
(“Circulars”), Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India (“SS-2”) and any other applicable law, rules and regulations (including
any statutory modification(s) or re-enactment(s) thereof, for the time being in force), that the resolution appended below is proposed to be passed by the members of the Company (as on the Cut-off Date (as defined below)) (“Members”), through postal ballot (the “Postal Ballot”) only by way of remote e-voting (“e-voting”) process.

An explanatory statement pursuant to Section 102 and other applicable
provisions of the Act and the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended pertaining to the said resolution setting out the material facts and the reasons
thereof is annexed to, and forms a part of this postal ballot notice (the “Postal Ballot Notice” or “Notice”).

Introduction:

Buyback of Equity Shares of the Company:

The Board of Directors of the Company (the “Board”), at its meeting held on September 11, 2025, has, subject to the approval of the members of
the Company, by way of a special resolution through Postal Ballot (“Special Resolution”) and subject to such other approvals, permissions and sanctions, as may be necessary, including exemptive relief from the US Securities and Exchange
Commission (“SEC”) on certain aspects of U.S. federal securities laws applicable to the Buyback, approved the proposal to Buyback its own fully paid-up equity shares of face value of ₹ 5/- (Indian Rupee Five) each (“Equity Shares”) from the shareholders of the Company, as on the record date, to be determined
by the Board/ Buyback Committee, (“Record Date”), on a proportionate basis, at a price of ₹ 1,800/- (Rupees One Thousand
Eight Hundred only) per Equity Share (“Buyback Price”) and for an amount of ₹ 18,000 crore (Rupees Eighteen Thousand
Crore only) (“Buyback Offer Size”), representing 24.31% and 21.68% of the aggregate of the total paid-up share capital and free reserves of the Company based on the latest audited interim condensed
financial statements of the Company as at June 30