Company: INFY
Filing Date: 2025-11-10
Form Type: SC TO-C
Source: 0001193125-25-274597
Chunk: 13

Company: Infosys Ltd
Filing Date: 2025-11-10
Form: SC TO-C
Chunk 13
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 can tender into the Buyback 
 any or all such withdrawn Equity Shares in accordance with the terms of the Buyback when the Tendering Period commences.                                                                                                                                 |

| ii. | ADS holders who cancel any ADSs and withdraw the underlying Equity Shares such that they become holders of                                        
 Equity Shares as of the Record Date will be allocated an entitlement that is dependent on the number of Equity Shares held as of the Record Date. |

| iii. | Equity Shares trade on the NSE and the BSE and cannot be traded on the NYSE. There is no guarantee that any ADS                                                                                                                                        
 holder who submitted ADSs for cancellation and withdrawal of the underlying Equity Shares will have any or all of such Equity Shares accepted in the Buyback. The Company had received an intimation from the SEBI in 2017 that the Depository Receipt 
 Scheme, 2014 issued by the Government of India was presently in vogue. Since Depository Receipt Scheme, 2014 has not been amended with respect to conversion or reconversion of the depository 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 Accordingly, the re-deposit of the withdrawn Equity Shares against the creation of ADSs will be in accordance with                                       
 the provisions of the Depository Scheme, 2014 and the terms of the ADSs.                                                                                                                                                                               |

| iv. | If an ADS holder withdraws Equity Shares underlying his or her ADSs after the ADS postal ballot cut-off date and prior to the last date of the Tendering Period, such ADS holder will be able to re-deposit against 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-deposited Equity 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-deposited Equity Shares during such 30-day period.                                                                                                                                                                                        |

| v. | Withdrawn Equity Shares for which the aforementioned re-deposit does                                                                                                    
 not occur and / or instruction is not given within such 30-day period, as well as Equity Shares withdrawn prior to the