Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 94

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 94
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pository receipts, the same advice holds true. In terms of the scheme, the conversion of ADSs into Equity Shares and vice versa is available to the Company. Accordingly, the re-depositof the withdrawn Equity Shares against the creation of ADS will be in accordance with the provisions of the Depository Scheme, 2014 and the terms of the ADSs. If an ADS holder withdraws Equity Shares underlying his or her ADSs after the ADS postal ballot cut-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 Withdrawn Equity Shares for which the aforementioned re-depositdoes not occur and / or instruction is not given within such 30-dayperiod, as well as Equity Shares withdrawn prior to the ADS postal ballot cut-offdate or after the last day of the Tendering Period, may only be re-depositedagainst the creation of ADSs to the extent a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