Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 98

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 98
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,000 Equity Shares are tendered?

The Company will not accept more than 10,00,00,000 Equity Shares in the Buyback. If more than
10,00,00,000 Equity Shares are tendered, the Company will purchase Equity Shares tendered in the Buyback first from Small Shareholders on a proportionate basis in the Reserved Category, and then from all other Shareholders on a proportionate basis
in the General Category, with any additional Equity Shares to be accepted in a proportionate manner as described further in Section 23.

How will the Company pay for the Equity Shares?

Assuming that the maximum of 10,00,00,000 Equity Shares are tendered in the Buyback at a purchase price
of ₹ 1,800/- (Rupees One Thousand Eight Hundred only) per Equity Share, the aggregate consideration for the Buyback will be ₹ 18,000 Crore (Rupees Eighteen Thousand Crore only). The Company anticipates that it will pay for the Equity Shares tendered in the
Buyback from its cash on hand that has been generated through internal accruals and / or by liquidating financial instruments held by the Company.

75

DRAFT—SUBJECT TO COMPLETION

When can an Eligible Shareholder tender his Equity Shares?

The Eligible Shareholders can tender their Equity Shares during the Tendering Period i.e. from [•] to [•].

How long does an Eligible Shareholder have to tender his Equity Shares; can the Offer be extended, amended or terminated?

An Eligible Shareholder may tender his Equity Shares during the Tendering Period i.e. from [•] to [•]. The Offer Period cannot be extended, amended
or terminated.

How will an Eligible Shareholder be notified if the Company extends the Offer Period or amends the terms of the Buyback?

The Offer Period cannot be extended by the Company. The Company will not make any amendments to the terms of the Buyback after the date of the Letter of Offer.

How can an ADS holder participate in the Buyback?

As intimated in the Postal Ballot Notice, in order for ADS holders to participate in the Buyback, they must have previously taken certain actions in order to
withdraw the Equity Shares underlying the ADSs held by them in advance of the Record Date, i.e., [•], 2025, and should have become holders of Equity Shares on the Record Date. In the Postal Ballot Notice, the Company had intimated