Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 31

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 31
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| 15.10. | After accepting the Equity Shares tendered on the basis of entitlement, the Equity Shares left to be bought                                                                                                                                             
 back, if any, in one category shall first be accepted, in proportion to the Equity Shares tendered over and above their entitlement in the offer by Eligible Shareholders in that category, and thereafter from Eligible Shareholders who have tendered 
 over and above their entitlement in the other category.                                                                                                                                                                                                 |

| 15.11. | Eligible Shareholders’ participation in the Buyback is voluntary. Eligible Shareholders may choose to                                                                                                                                                  
 participate, in part or in full, and receive cash in lieu of the Equity Shares accepted under the Buyback, or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, after the completion of the Buyback, 
 without any additional investment. Eligible Shareholders may also tender a part of their Buyback Entitlement. Eligible Shareholders also have the option of tendering Additional Equity Shares (i.e. Equity Shares over and above their Buyback        
 Entitlement) and participate in the shortfall created due to non-participation of some other Eligible Shareholders, if any. The acceptance of any Equity Shares tendered in excess of the Buyback Entitlement by                                       
 the Eligible Shareholder shall be in terms of procedure outlined herein. In case any Eligible Shareholder or any person claiming to be an Eligible Shareholder cannot participate in the Buyback Offer for any reason, the Company, the Manager and    
 Registrar to the Buyback and their officers shall not be liable in any manner for such non-participation.                                                                                                                                              |

| 15.12. | The maximum tender under the Buyback by an Eligible Shareholder cannot exceed the number of Equity Shares held                                                                                                                                          
 by such Eligible Shareholder as on the Record Date. In case the Eligible Shareholder holds Equity Shares through multiple demat accounts, the tender through a demat account cannot exceed the number of Equity Shares held in that demat account as on 
 the Record Date.                                                                                                                                                                                                                                        |

| 15.13. | The Equity Shares tendered as per the entitlement by Eligible Shareholders as well as additional Equity Shares                                                                                                                                 
 tendered, if any, will be accepted as per the procedure laid down in the Buyback Regulations. The settlement of the tenders under the Buyback will be done using the “Mechanism for acquisition of shares through Stock Exchange pursuant to   
 Tender-Offers under Takeovers,