Company: INFY
Filing Date: 2025-07-01
Form Type: 20-F
Source: 0000950170-25-091925
Chunk: 100

Company: Infosys Ltd
Filing Date: 2025-07-01
Form: 20-F
Item: Item 5
Chunk 100
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208 million relating primarily to fiscal 2008 to fiscal 2009, fiscal 2012 to fiscal 2014 and fiscal 2016 to fiscal 2023.
Net cash used in investing activities:

Net cash used in investing activities relating to our business acquisitions for fiscal 2025 was $377 million. There were no acquisitions made during the fiscal 2024.
During fiscal 2025 we paid $377 million, net of cash acquired, towards the acquisitions of in-tech and Insemi. The aggregate purchase consideration of the two acquisitions includes contingent consideration with an estimated fair value of $4 million as on the date of acquisition. The contingent consideration is payable over the next two years subject to the achievement of certain financial targets. Additionally, these acquisitions have retention payouts and

bonuses payable to the employees of the acquiree amounting to $33 million payable from two to five years from the acquisition date, subject to their continuous employment with the group along with achievement of certain financial targets.
Net cash used in investing activities, relating to acquisition of additional property, plant, and equipment and intangibles for fiscal 2025 and 2024 was $263 million and $266 million, respectively, for our software development centers.
During fiscal 2025 and 2024, we invested $10,601 million and $10,455 million, respectively, in marketable securities. Further, we redeemed marketable securities of $10,825 million and $9,914 million of during fiscal 2025 and 2024, respectively. We redeem investments to fund our business operations, acquisitions, dividend payouts and share buybacks in line with the execution of our capital allocation policy. Marketable securities include liquid mutual funds, target maturity funds, quoted debt securities, certificates of deposit and commercial papers.

Net cash used in financing activities:
Net cash used in financing activities for fiscal 2025 primarily includes $2,416 million towards dividend payments, $278 million towards payment of lease liabilities and $118 million towards loan repayment of in-tech Holding GmbH at the time of acquisition. Net cash used in financing activities for fiscal 2024 primarily includes $1,777 million towards dividend payments, and $245 million towards payment of lease liabilities.
The details of Company’s material contractual commitments and obligations are as below:
Leases
As of March 31, 2025, the total lease liabilities on an undiscounted basis amounts to $1,050 million. For more details on the contractual maturities of lease liabilities refer to Note 2.8 Le