Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 47

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 47
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 Public 
 Announcement, 5,24,185 RSUs are vested, which may get converted to Equity Shares during the Buyback Period;                                                                                                                                            |

| (iii) | Subject to applicable law, the Company shall not raise further capital for a period of one year from the expiry 
 of the Buyback Period, except in discharge of subsisting obligations;                                           |

| (iv) | The Company, as per the provisions of Section 68(8) of the Act, will not make any further issue of the                                                                                                                                              
 same kind of shares or other securities including allotment of new shares under Section 62(1)(a) of the Act or other specified securities within a period of six months after the completion of the Buyback except by way of bonus shares or equity 
 shares issued in order to discharge subsisting obligations such as conversion of warrants, stock option schemes, sweat equity or conversion of preference shares or debentures into Equity Shares;                                                  |

| (v) | The Company shall not buyback locked-in Equity Shares and non-transferable equity shares till the pendency of the lock-in or till the Equity Shares become transferable; |

| (vi) | The Company shall not buyback its equity shares from any person through negotiated deal whether on or off the         
 stock exchanges or through spot transactions or through any private arrangement in the implementation of the Buyback; |

| (vii) | There are no defaults subsisting in the repayment of deposits, interest payment thereon, redemption of                                                                                                                   
 debentures or interest thereon or redemption of preference shares or payment of dividend or repayment of any term loans or interest payable thereon to any financial institution or banking company, as the case may be; |

| (viii) | That the Company has been in compliance with Sections 92, 123, 127 and 129 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 (