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

Company: Infosys Ltd
Filing Date: 2025-09-26
Form: SC TO-C
Chunk 26
---
-offdate and prior to the last date of the Tendering Period, such ADS holder will be able to re-depositagainst the creation of ADSs any of such Equity Shares that are not tendered in the Buyback, or if tendered, are not accepted in the Buyback, and receive in return ADSs representing such re-depositedEquity Shares if such ADS holder has such Equity Shares delivered to the Custodian for the Depositary (along with ADS issuance instructions) on or prior to 30 days after expiration of the Tendering Period. The Depositary has agreed to waive the ADS issuance fee that would otherwise be payable in connection with the issuance of ADSs representing such re-depositedEquity Shares during such 30-dayperiod. Withdrawn Equity Shares for which the aforementioned re-depositdoes not occur and / or instruction is not given within such 30-dayperiod, as well as Equity Shares withdrawn prior to the ADS postal ballot cut-offdate or after the last day of the Tendering Period, may only be re-depositedagainst the creation of ADSs to the extent a specified maximum number of outstanding ADSs would not be exceeded. Accordingly, the Company cannot assure ADS holders that such Equity Shares will be able to be re- deposited against the creation of ADSs. In addition, in these circumstances, the ADS issuance fee would not be waived with respect to the issuance of ADSs representing such Equity Shares.

| iii. | Buyback Price and Foreign Exchange Considerations. |

The Buyback Price will be paid in Indian rupees. Fluctuations in the exchange rate between the Indian rupee and the U.S. dollar will affect the U.S. dollar equivalent of the Buyback Price and Buyback amount. ADS holders are urged to obtain current exchange rate information before making any decision with respect to the Buyback.

| iv. | Tax and Regulatory Considerations. |

The withdrawal of Equity Shares underlying ADSs, the re-depositof Equity Shares not tendered or not accepted in the Buyback against the creation of ADSs, and the sale in the Buyback of Equity Shares withdrawn may have various tax implications in India, the United States, and other jurisdictions that differ from, and may be substantially more onerous than, those that would be applicable to sales of ADSs on the NYSE. Such tax implications could vary depending on several factors, including the period of holding the securities, the residential status of the holder, the classification of the holder, the nature of the income earned, etc.