# EDGAR Filing Document

**Accession Number:** 0001067491
**File Stem:** 0001193125-25-288106
**Filing Date:** 2025-11
**Character Count:** 17025
**Document Hash:** 535b1f0ebd7735a2c33fcc8f63fa39e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-288106.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0001193125-25-288106

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Infosys Ltd
- **CENTRAL INDEX KEY:** 0001067491
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 581760235
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-80462
- **FILM NUMBER:** 251499496

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ELECTRONICS CITY HOSUR RD
- **STREET 2:** BANGALORE KARNATAKA INDIA
- **CITY:** BANGALORE
- **PROVINCE COUNTRY:** K7
- **BUSINESS PHONE:** 0119180852

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ELECTRONIC CITY HOSUR RD
- **STREET 2:** BANGALORE KARNATAKA INDIA
- **CITY:** BANGALORE
- **PROVINCE COUNTRY:** K7

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INFOSYS TECHNOLOGIES LTD
- **DATE OF NAME CHANGE:** 19980804
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Infosys Ltd
- **CENTRAL INDEX KEY:** 0001067491
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 581760235
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ELECTRONICS CITY HOSUR RD
- **STREET 2:** BANGALORE KARNATAKA INDIA
- **CITY:** BANGALORE
- **PROVINCE COUNTRY:** K7
- **BUSINESS PHONE:** 0119180852

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ELECTRONIC CITY HOSUR RD
- **STREET 2:** BANGALORE KARNATAKA INDIA
- **CITY:** BANGALORE
- **PROVINCE COUNTRY:** K7

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INFOSYS TECHNOLOGIES LTD
- **DATE OF NAME CHANGE:** 19980804

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**SCHEDULE TO** 

**(Amendment No. 1)** 

**TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)** 

**OF THE SECURITIES EXCHANGE ACT OF 1934** 

## INFOSYS LIMITED
**(Name of Subject Company (Issuer) and Filing Person (as Offeror))** 

**Equity Shares, par value Rs. 5 per share** 

**(Title of Class of Securities)** 

**The Equity Shares, which are not traded on U.S. markets, have not been assigned a CUSIP number** 

**(CUSIP Number of Class of Securities)** 

**Inderpreet Sawhney** 

**Chief Legal Officer and Chief Compliance Officer** 

**Infosys Limited** 

**Electronics City, Hosur Road** 

**Bengaluru, Karnataka** 

**India 560 100** 

**Telephone: +91-80-2852-0261** 

**(Name, address, and telephone number of person authorized to receive notices and communications on behalf of filing persons)** 

***Copies to:***

**Steven V. Bernard, Esq.** 

**Tamara M. Brightwell, Esq.** 

**Wilson Sonsini Goodrich & Rosati** 

**Professional Corporation** 

**650 Page Mill Road** 

**Palo Alto, CA 94304** 

**Telephone: (650) 493-9300** 

☐ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

☐ third-party tender offer subject to Rule 14d-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;☒ issuer tender offer subject to Rule 13e-4.

☐ going-private transaction subject to Rule 13e-3.

☐ amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ☐

If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;☒ Rule 13e-4(i) (Cross-Border Issuer Tender Offer)

☐ Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)

------

This Amendment No. 1 (this "Amendment") amends and supplements the Tender Offer Statement on Schedule TO (together with any subsequent amendments and supplements thereto, the "Schedule TO"), filed with the Securities and Exchange Commission on November 18, 2025 by Infosys Limited, a company organized under the laws of the Republic of India (the "Company" or "Infosys"). The Schedule TO relates to the tender offer by Infosys to purchase up to 10,00,00,000 of its fully paid-up equity share(s) of face value of₹5/- (Rupees Five only), each at the tender offer price of ₹1,800 (Rupees One Thousand Eight Hundred) per equity share, upon the terms and subject to the conditions set forth in the Letter of Offer dated November 18, 2025, a copy of which is attached to the Schedule TO as Exhibit (a)(1)(A). This Amendment is being filed to amend and supplement Item 12 of the Schedule TO to include the Notice to Eligible Shareholders that was published in Indian newspapers on November 19, 2025, which is attached hereto as Exhibit (a)(1)(R).

Only those items amended or supplemented are reported in this Amendment. Except as specifically provided herein, the information contained in the Schedule TO remains unchanged. You should read this Amendment together with the Schedule TO and the related exhibits attached and incorporated therein by reference.

------

**Item 12. Exhibits.** 

Item 12 of the Schedule TO is hereby amended and supplemented as follows:

---

| | |
|:---|:---|
| **Exhibit <br>Number** | **Description** |
| (a)(1)(A)\* | [Letter of Offer dated November 18, 2025.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99a1a.htm) |
| (a)(1)(B)\* | [Tender Form for Eligible Shareholders Holding Shares in Dematerialised Form.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99a1a.htm#a1b) |
| (a)(1)(C)\* | [Tender Form for Eligible Shareholders Holding Shares in Physical Form.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99a1a.htm#a1c) |
| (a)(1)(D)\* | [Form No. SH-4 Securities Transfer Form.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99a1a.htm#a1d) |
| (a)(1)(E)\* | [Summary Advertisement.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99a1e.htm) |
| (a)(1)(F)\* | [Notice to Stock Exchanges dated September 11, 2025 (incorporated by reference to the Company's Schedule TO-C filed on September 11, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525201338/d941185dsctoc.htm) |
| (a)(1)(G)\* | [Notice to Stock Exchanges dated September 12, 2025 (incorporated by reference to the Company's Schedule TO-C filed on September 12, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525202256/d42871dsctoc.htm) |
| (a)(1)(H)\* | [Notice to Stock Exchanges dated September 26, 2025 (incorporated by reference to the Company's Schedule TO-C filed on September 26, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525220644/d32404dsctoc.htm) |
| (a)(1)(I)\* | [Notice to Stock Exchanges dated November 6, 2025 (incorporated by reference to the Company's Schedule TO-C filed on November 6, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525269759/d60212dsctoc.htm) |
| (a)(1)(J)\* | [Postal Ballot Notice dated September 27, 2025 (incorporated by reference to the Company's Schedule TO-C filed on September 29, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525223353/d77810dsctoc.htm) |
| (a)(1)(K)\* | [Certain Tax Considerations for Non-Resident Shareholders related to the Buyback (incorporated by reference to the Company's Schedule TO-C filed on September 26, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525220644/d32404dsctoc.htm) |
| (a)(1)(L)\* | [Voting Results Notice (incorporated by reference to the Company's Schedule TO-C filed on November 6, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525269759/d60212dsctoc.htm) |
| (a)(1)(M)\* | [Public Announcement dated November 7, 2025 (incorporated by reference to the Company's Schedule TO-C filed on November 10, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525274597/d73598dsctoc.htm) |
| (a)(1)(N)\* | [September 11, 2025 Resolutions (incorporated by reference to the Company's Schedule TO-C filed on October 21, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525245101/d50690dsctoc.htm) |
| (a)(1)(O)\* | [Special Resolutions (incorporated by reference to the Company's Schedule TO-C filed on November 10, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525274597/d73598dsctoc.htm) |
| (a)(1)(P)\* | [Draft Letter of Offer (incorporated by reference to the Company's Schedule TO-C filed on October 21, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119312525245101/d50690dsctoc.htm) |
| (a)(1)(Q)\* | [Shareholder Communication dated November 18, 2025.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99a1q.htm) |
| (a)(1)(R) | [Notice to Eligible Shareholders (Dispatch Advertisement) published November 19, 2025](d11637dex99a1r.htm) |
| (d)(1)(A)\* | [Form of Escrow Agreement dated November 6, 2025 by and amongst Infosys Limited, Kotak Mahindra Bank Limited and Kotak Mahindra Capital Company Limited.](http://www.sec.gov/Archives/edgar/data/1067491/000119312525286157/d11637dex99d1a.htm) |
| (d)(1)(B)\* | [Form of Deposit Agreement among the Company, Deutsche Bank Trust Company Americas and holders from time to time of American Depositary Receipts issued thereunder (including as an exhibit, the form of American Depositary Receipt) (incorporated by reference from Exhibit 4.1 to the Company's Form 20-F filed on July 1, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000119380517001194/e616329_ex99-a.htm) |
| (d)(1)(C)\* | [The Company's 2015 Stock Incentive Compensation Plan (incorporated by reference from Exhibit 4.3 to the Company's Form 20-F filed on July 1, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000106749116000076/exv04w03.htm) |
| (d)(1)(D)\* | Employees Welfare Trust Deed of the Company Pursuant to Employee Stock Offer Plan (incorporated by reference from Exhibit 4.5 to the Company's Form 20-F filed on July 1, 2025) (P). |
| (d)(1)(E)\* | [Form of Employment Agreement with the Chief Executive Officer (incorporated by reference from Exhibit 4.10 to the Company's Form 20-F filed on July 1, 2025).](http://www.sec.gov/Archives/edgar/data/1067491/000095017023028187/infy-ex4_10.htm) |
| 107\* | [Filing Fee Table.](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1067491/000119312525286157/d11637dexfilingfees.htm) |

---

*\** *Previously filed*

*(P) - Previously filed on paper form*

------

**SIGNATURE** 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| |
|:---|
| **INFOSYS LIMITED** |
| /s/ Inderpreet Sawhney |
| **Inderpreet Sawhney** |
| *Chief Legal Officer and Chief Compliance Officer* |

---

Date: November 19, 2025

## Ex-99.(A)(1)(R)

**Exhibit (a)(1)(R)**![LOGO](g11637g10q43.jpg)

**Infosys Limited** 

**Corporate Identification Number (CIN): L85110KA1981PLC013115** 

**Regd. Office: No. 44, Electronics City, Hosur Road, Bengaluru - 560 100. Karnataka India** 

**Phone: +91 80 2852 0261, Fax: +91 80 2852 0362** 

**E-mail: sharebuyback@infosys.com Website: www.infosys.com** 

**Contact Person: A.G.S. Manikantha, Company Secretary** 

**NOTICE TO ELIGIBLE SHAREHOLDERS - BUYBACK**<br> **OF EQUITY SHARES**<br>

Infosys Limited ("**Company**") has dispatched the Letter of Offer and Tender Form dated November 18, 2025 for Buyback of up to 10,00,00,000 (Ten crore only) Equity Shares of the Company at a price of ₹ 1,800/- (Rupees One Thousand Eight Hundred only) per Equity Share for an aggregate consideration of up to ₹ 18,000 crore (Rupees Eighteen Thousand Crore only) to all the Eligible Shareholder(s) holding Equity Shares of the Company as on the Record Date i.e., Friday, November 14, 2025, through electronic means to those Eligible Shareholder(s) who have their e-mail ids registered with the Depositories/Registrar and Transfer Agent. Further, in case the Company receives a request from any Eligible Shareholder(s) for a physical copy of the Letter of Offer/Tender Form, the Company shall dispatch the same by registered post / speed post/ courier.

The schedule of Buyback activities is as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Activity** | **Day and Date** |
| &nbsp;&nbsp;&nbsp; Buyback Opening Date | Thursday, November 20, 2025 |
| &nbsp;&nbsp;&nbsp; Buyback Closing Date | Wednesday, November 26, 2025 |
| &nbsp;&nbsp;&nbsp; Last date and time for receipt of required documents by the Registrar to the Buyback | Wednesday, November 26, 2025<br> by 5:00 p.m. (IST) |

---

For detailed activity schedule, terms and conditions for the Buyback, please refer to the Letter of Offer.

The details of Buyback Entitlement is as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Category of Eligible Shareholders** | **Ratio of Buyback (i.e. Buyback Entitlement)\*** |
| &nbsp;&nbsp;&nbsp; Reserved category for Small Shareholders | &nbsp;&nbsp; 2 Equity Shares for every 11 Equity Shares held on the Record Date |
| &nbsp;&nbsp;&nbsp; General category for all other Eligible Shareholders | &nbsp;&nbsp; 17 Equity Shares for every 706 Equity Shares held on the Record Date |

---

**\* The above ratio of Buyback is approximate and provides indicative Buyback Entitlement. Any computation of the Buyback Entitlement using the above Buyback ratio may provide a slightly different number than the actual entitlement due to rounding-off. The actual Buyback Entitlement factor for Small Shareholders under the Reserved Category is 18.17213782892960% and for other shareholders under the General Category is 2.40804924035293%. Also, the numbers arrived at using the actual Buyback Entitlement may not conform exactly to the Buyback Entitlement printed in the Tender Form due to rounding-off of the factor.** For further information on Ratio of Buyback as per the Buyback Entitlement in each Category, please refer para 22 on page 48 of the Letter of Offer. Eligible Shareholders can also check their entitlement on the website of the Registrar to the Buyback by following the steps given below:

1) Click on https://kosmic.kfintech.com/karisma/buybackofferv2.aspx

2) Select the name of the Company – 'Infosys Limited – Buyback 2025'

3) Select holding type - "Physical" or "NSDL" or "CDSL"

4) Based on the option selected above, enter your "Folio Number" or "NSDL DPID/Client ID" or "CDSL Client ID"

5) Enter the Security code and click on Submit

6) The entitlement will be provided in the pre-filled 'FORM OF ACCEPTANCE-CUM ACKNOWLEDGEMENT'

In case you have not received the Letter of Offer and Tender Form, the same is also available on the website of the Company at https://www.infosys.com/investors/shareholder-services/buyback-2025.html, the Registrar to the Buyback at www.kfintech.com, BSE Limited at www.bseindia.com, National Stock Exchange of India Limited at www.nseindia.com, the Manager to the Buyback at www.investmentbank.kotak.com and is also expected to be available on the website of SEBI at www.sebi.gov.in.

Capitalised terms used in this advertisement and not defined herein shall have the same meaning as ascribed in the Letter of Offer.

---

| | |
|:---|:---|
|  | For **Infosys Limited** |
|  | Sd/- |
|  | **A.G.S. Manikantha** |
| Bengaluru, India | *Company Secretary* |
| November 18, 2025 | Membership No. A21918 |

---

**Additional information pursuant to U.S. Law** 

The communication is provided for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities of the Company pursuant to Company's Buyback or otherwise. Any offers to purchase or solicitations of offers to sell are being made pursuant to a Tender Offer Statement on Schedule TO (including the letter of offer and other documents relating to the tender offer) filed with the U.S. Securities and Exchange Commission ("SEC") by the Company. **The Company's security holders are advised to carefully read these documents, any amendments to these documents and any other documents relating to the Buyback that are filed with the SEC in their entirety prior to making any decision with respect to the Company's Buyback because these documents contain important information, including the terms and conditions of the offer.** The Company's security holders may obtain copies of these documents and other documents filed with the SEC for free at the SEC's website at www.sec.gov or from the Company's Investor Relations department at sharebuyback@infosys.com.