2024 Q4 - Annual Report

FORM 20-F (Mark One)☐Registration statement pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934OR☒Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the fiscal year ended March 31, 2024OR☐Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period from __________ to _________OR☐Shell Company Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934Date of event requiring this shell company report________Commission File Number 001-35754INFOSYS LIMITED(Exact name of Registrant as specified in its charter)Not Applicable(Translation of Registrant’s name into English)Bengaluru, Karnataka, India(Jurisdiction of incorporation or organization)Electronics City, Hosur Road, Bengaluru, Karnataka, India 560 100. +91-80-2852-0261(Address of principal executive offices)Jayesh Sanghrajka,Chief Financial Officer, +91 80 2852 1705jayesh_sanghrajka@infosys.comElectronics City, Hosur Road, Bengaluru, Karnataka, India 560 100.(Name, telephone, e-mail and / or facsimile number and address of company contact person)Securities registered or to be registered pursuant to Section 12(b) of the Act: Name of Each Exchange on Which Registered Securities registered or to be registered pursuant to Section 12(g) of the Act:None.(Title of class)Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:Not Applicable(Title of class) Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the Annual Report: 4,150,867,464Equity Shares.Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act Yes☒No☐ If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of1934. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data file required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or an emerging growth company. See definition of largeaccelerated filer, accelerated filer and emerging growth company in Rule 12b-2 of the Exchange Act: Large accelerated filer☒Non- accelerated filer☐ Emerging growth company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act.☐ The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification afterApril 5, 2012.Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correctionof an error to previously issued financial statements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP☐International Financial Reporting Standards as issued by the International Accounting Standards Board☒Other☐If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Currency of presentation and certain defined terms In this Annual Report on Form 20-F, references to “U.S.” or “United States” are to the United States of America, its territories and itspossessions. References to “India” are to the Republic of India. References to “$” or “dollars” or “U.S. dollars” are to the legalcurrency of the United States and references to “₹