Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 70

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 70
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 would be deemed to have been acquired on non-repatriation basis and in that case the Non-Resident Eligible                                                                                                                                                                                                                  
 Shareholder shall submit a consent letter addressed to the Company allowing the Company to make the payment on a non-repatriation basis in respect of the valid Equity Shares Accepted under the Buyback.                                                                                                                                                                               |

| iii. | Eligible Shareholders who are FIIs/FPIs should also enclose a copy of their SEBI registration certificate. |

If any of the above stated documents, as applicable, are not enclosed along with the Tender Form, the Equity Shares tendered under the Buyback are liable to be rejected. The participation of the Eligible Shareholders in the Buyback is entirely at the discretion of the Eligible Shareholders. The Company does not accept any responsibility for the decision of any Eligible Shareholder to either participate or to not participate in the Buyback. The Company will not be responsible in any manner for any loss of share certificate(s) and other documents during transit and the Eligible Shareholders are advised to adequately safeguard their interest in this regard.

| 23.27 | Acceptance of orders |

The Registrar to the Buyback shall provide details of order acceptance to Clearing Corporation within specified timelines.

| 23.28 | Method of Settlement |

| 23.28.1 | The settlement of trade(s) shall be carried out in the manner similar to settlement of trade(s) in the 
 secondary market.                                                                                      |

57

DRAFT—SUBJECT TO COMPLETION

| 23.28.2 | The Company will transfer the consideration pertaining to the Buyback (net of tax deducted at source) to the                                                                                                                                                                                                                                                                                                                                                 
 Clearing Corporation’s bank account through the Company’s Broker as per the secondary market mechanism, as per the prescribed schedule. For demat Equity Shares accepted under the Buyback, the Clearing Corporation will make direct funds pay-out to the respective Eligible Shareholders’ bank account linked to its demat account. If bank account details of any Eligible Shareholder holding Equity Shares in dematerialized form are not available or 
 if the fund transfer instruction is rejected by the RBI or relevant bank, due to any reasons, then the amount payable to the Eligible Shareholders will be transferred to the concerned Stock Brokers’ account for onward transfer to such Eligible                                                                                                                                                                                                          
 Shareholder holding Equity Shares in dematerialized form.                                                                                                                                                                                                                                                                                                                                                                                                    |

| 23.28.3 | In case of certain client