BSECompany Update4d ago · 10 Oct 2026, 10:45 pm
Company statement on the U.S Permanent Labor Certification Program
Infosys Ltd · 500209
✦ AI SummaryRegulatory
Infosys Ltd has issued a company statement regarding the U.S. Permanent Labor Certification Program, stating that the suspension of new and pending applications will not have a material impact on the organization. The company welcomes the opportunity to work with the Department of Labor and related government agencies to answer any questions they may have.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Infosys Ltd - 500209 - Company Statement On The U.S. Permanent Labor Certification Program
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TO ALL STOCK EXCHANGES
BSE LIMITED October 10, 2026
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NEW YORK STOCK EXCHANGE
Dear Sir/ Madam,
Sub: Company statement on the U.S. Permanent Labor Certification Program
Infosys Limited (“the Company”) is aware of the decision announced by the United States Department
of Labor concerning the suspension of new and pending applications by certain companies, including
Infosys, under the Permanent Labor Certification (“PERM”) program. We welcome the opportunity to
work with the Department of Labor and related government agencies to answer any questions they may
have. We do not anticipate yesterday's announcement of such suspension to have a material impact
on the organization. The Company will make further disclosures, if required, in accordance with
applicable regulatory standards.
Infosys has invested in building a strong local workforce and technology and innovation hubs in the
United States. The Company remains committed to its employees, clients, and communities across the
United States and to complying with all applicable laws and regulations.
Certain statements in this release, including those concerning the impact of the suspension of PERM
applications are “forward looking statements” intended to qualify for the 'safe harbor' under the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current
expectations, assumptions, estimates and projections about the Company, our industry, economic
conditions in the markets in which we operate, and certain other matters. These forward-looking
statements are subject to substantial known and unknown risks, uncertainties and other factors that
could cause actual results or outcomes to differ materially from those implied by such forward-looking
statements. Important factors that may cause actual results or outcomes to differ from those implied by
the forward-looking statements include, but are not limited to, risks and uncertainties regarding the
execution of our business strategy, increased competition for talent, our ability to attract and retain
personnel, increase in wages, investments to reskill our employees, our ability to effectively implement
a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and
innovations such as artificial intelligence, the complex and evolving regulatory landscape including
immigration regulation changes, particularly in the United States, our Environmental, Social,
Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market
position, future operations, margins, profitability, liquidity and capital resources, our corporate actions
including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government
investigation, and the effect of current and future tariffs. These and additional factors that may cause
actual results or outcomes to differ from those implied by the forward-looking statements are discussed
in more detail in our US Securities and Exchange Commission filings including our Annual Report on
Form 20-F for the fiscal year ended March 31, 2026. These filings are available at https://www.sec.gov./.
In light of these and other uncertainties, you should not conclude that the results or outcomes referred
to in any of the forward-looking statements will be achieved. Infosys may, from time to time, make
additional written and oral forward-looking statements, including statements contained in the Company's
filings with the Securities and Exchange Commission and our reports to shareholders. The Company
does not undertake to update any forward-looking statements that may be made from time to time by
or on behalf of the Company unless it is required by law.
Explanation(s) for delay in disclosure The Company was in the process of verifying the
information and evaluating appropriate next steps
following the announcement made by the United States
Department of Labor.
This is for your information and records.
This will also be hosted on the Company’s website, at www.infosys.com
Yours Sincerely,
For Infosys Limited
A.G.S. Manikantha
Company Secretary
Membership no: ACS21918