Company: INFY
Filing Date: 2025-10-21
Form Type: SC TO-C
Source: 0001193125-25-245101
Chunk: 102

Company: Infosys Ltd
Filing Date: 2025-10-21
Form: SC TO-C
Chunk 102
---
 federal income tax principles) of the Company. Refer to Section 24 for detailed note on Taxation.

. While there are arguments in favour that withdrawal of Equity
Shares underlying ADSs should not be subject to Indian capital gains tax, this view is not free from doubt as the law is not very clear on this aspect. Similarly, whether the re-deposit of Equity Shares
against the creation of ADSs (where such shares are not accepted for Buyback) is subject to Indian taxation is also unclear.

Having said that, the
Indian, United States and other tax consequences resulting from participation in the Buyback are complex. Each Eligible Shareholder should consult their own tax advisors regarding the tax consequences of participating in the Buyback. See
Section 24.

77

DRAFT—SUBJECT TO COMPLETION

What should an Eligible Shareholder do if they have lost their share certificate and wish to participate in the Buyback?

If an Eligible Shareholder holding shares in the physical form has lost their share certificate(s), they will need to obtain a
duplicate share certificate and can thereafter tender their Equity Shares in the same manner as other Eligible Shareholders holding Equity Shares in the physical form. See Section 23 and the Tender Form.

Who can a shareholder talk to in case of any questions relating to the Buyback?

In case of any clarifications or to address investor grievance, the shareholder(s) may contact the Registrar to the Buyaback from Monday to Friday between
10:00 a.m. and 5:00 p.m. Indian Standard Time on all working days, contact details for whom are set out in Section 30.

78

DRAFT—SUBJECT TO COMPLETION TENDER FORM FOR ELIGIBLE SHAREHOLDERS FORM OF ACCEPTANCE-CUM-ACKNOWLEDGEMENT(FOR ELIGIBLE SHAREHOLDERS HOLDING SHARES IN DEMAT FORM)

| Bid Number: |     | BUYBACK OPENS ON:                                         |     |                             |     |                           |     | [•]   |     |                                                                   |
| Date:       |     | BUYBACK CLOSES ON:                                        |     |                             |     |                           |     | [•]   |     |                                                                   |
|             |     | For Registrar / collection centre use                     |     |                             |     |                           |     |       |     |                                                                   |
|             |     | Inward No.                                                |     |                             |     | Date                      |     | Stamp |     |                                                                   |
|