| Summary of Related Party Transactions |
List of subsidiaries:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Holding as of |
|
|
|
Country |
|
March 31, 2025 |
|
|
March 31, 2024 |
|
Infosys Technologies (China) Co. Limited (Infosys China)(1) |
|
China |
|
|
100 |
% |
|
|
100 |
% |
Infosys Technologies S. de R. L. de C. V. (Infosys Mexico)(1) |
|
Mexico |
|
|
100 |
% |
|
|
100 |
% |
Infosys Technologies (Sweden) AB (Infosys Sweden)(1) |
|
Sweden |
|
|
100 |
% |
|
|
100 |
% |
Infosys Technologies (Shanghai) Company Limited (Infosys Shanghai)(1) |
|
China |
|
|
100 |
% |
|
|
100 |
% |
EdgeVerve Systems Limited (EdgeVerve)(1) |
|
India |
|
|
100 |
% |
|
|
100 |
% |
Infosys Austria GmbH(1) |
|
Austria |
|
|
100 |
% |
|
|
100 |
% |
Skava Systems Private Limited (Skava Systems)(1)(35) |
|
India |
|
|
— |
|
|
|
100 |
% |
Infosys Chile SpA(1) |
|
Chile |
|
|
100 |
% |
|
|
100 |
% |
Infosys Arabia Limited(2)(20) |
|
Saudi Arabia |
|
|
70 |
% |
|
|
70 |
% |
Infosys Consulting Ltda.(1) |
|
Brazil |
|
|
100 |
% |
|
|
100 |
% |
Infosys Luxembourg S.a.r.l(1) |
|
Luxembourg |
|
|
100 |
% |
|
|
100 |
% |
Infosys Americas Inc. (Infosys Americas)(1)(23) |
|
U.S. |
|
|
— |
|
|
|
— |
|
Infosys Consulting S.R.L.(2) |
|
Argentina |
|
|
100 |
% |
|
|
100 |
% |
Infosys Romania S.r.l. (formerly Infosys Consulting S.R.L. (Romania))(1) |
|
Romania |
|
|
100 |
% |
|
|
100 |
% |
Infosys Limited Bulgaria EOOD(1) |
|
Bulgaria |
|
|
100 |
% |
|
|
100 |
% |
Infosys Turkey Bilgi Teknolojileri Limited Sirketi(1) |
|
Turkey |
|
|
100 |
% |
|
|
100 |
% |
Infosys Germany Holding Gmbh(1) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
Infosys Automotive and Mobility GmbH & Co. KG(1) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
Infosys Green Forum(1) |
|
India |
|
|
100 |
% |
|
|
100 |
% |
Infosys Business Solutions LLC(1) |
|
Qatar |
|
|
100 |
% |
|
|
100 |
% |
WongDoody Inc. (1)(37) |
|
U.S. |
|
|
— |
|
|
|
100 |
% |
IDUNN Information Technology Private Limited (formerly Danske IT and Support Services India Private Limited (“Danske IT”)) (1)(25) |
|
India |
|
|
100 |
% |
|
|
100 |
% |
Infosys Public Services, Inc. USA (Infosys Public Services)(1) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
Infosys Public Services Canada Inc. (11) |
|
Canada |
|
|
100 |
% |
|
|
100 |
% |
Infosys BPM Limited(1) |
|
India |
|
|
100 |
% |
|
|
100 |
% |
Infosys BPM UK Limited(3) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
Infosys (Czech Republic) Limited s.r.o.(3) |
|
Czech Republic |
|
|
100 |
% |
|
|
100 |
% |
Infosys Poland Sp z.o.o(3) |
|
Poland |
|
|
100 |
% |
|
|
100 |
% |
Infosys McCamish Systems LLC(3) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
Portland Group Pty Ltd(3) |
|
Australia |
|
|
100 |
% |
|
|
100 |
% |
Infosys BPO Americas LLC.(3) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
Infosys BPM Canada Inc (3)(24)(29) |
|
Canada |
|
|
— |
|
|
|
— |
|
Panaya Inc. (Panaya)(1) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
Panaya Ltd.(4) |
|
Israel |
|
|
100 |
% |
|
|
100 |
% |
Panaya Germany GmbH (4) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
Brilliant Basics Holdings Limited (Brilliant Basics)(1)(20) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
|
|
|
|
|
|
|
|
|
|
|
Brilliant Basics Limited (5)(20) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
Infosys Consulting Holding AG (1) |
|
Switzerland |
|
|
100 |
% |
|
|
100 |
% |
Infosys Management Consulting Pty Limited(6) |
|
Australia |
|
|
100 |
% |
|
|
100 |
% |
Infosys Consulting AG(6) |
|
Switzerland |
|
|
100 |
% |
|
|
100 |
% |
Infosys Consulting GmbH(6) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
Infosys Consulting SAS(6) |
|
France |
|
|
100 |
% |
|
|
100 |
% |
Infy Consulting B.V.(6) |
|
The Netherlands |
|
|
100 |
% |
|
|
100 |
% |
Infosys Consulting (Belgium) NV(6) |
|
Belgium |
|
|
100 |
% |
|
|
100 |
% |
Infy Consulting Company Ltd(6) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
GuideVision s.r.o.(7) |
|
Czech Republic |
|
|
100 |
% |
|
|
100 |
% |
GuideVision Deutschland GmbH(8) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
GuideVision Suomi Oy(8) |
|
Finland |
|
|
100 |
% |
|
|
100 |
% |
GuideVision Magyarország Kft(8) |
|
Hungary |
|
|
100 |
% |
|
|
100 |
% |
GuideVision Polska Sp. z.o.o(8) |
|
Poland |
|
|
100 |
% |
|
|
100 |
% |
GuideVision UK Ltd(8)(20) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
Infosys Nova Holdings LLC. (Infosys Nova)(1) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
Outbox systems Inc. dba Simplus (US)(9)(38) |
|
U.S. |
|
|
— |
|
|
|
100 |
% |
Simplus ANZ Pty Ltd.(9) |
|
Australia |
|
|
100 |
% |
|
|
100 |
% |
Simplus Australia Pty Ltd(10) |
|
Australia |
|
|
100 |
% |
|
|
100 |
% |
Simplus Philippines, Inc.(9) |
|
Philippines |
|
|
100 |
% |
|
|
100 |
% |
Kaleidoscope Animations, Inc.(9)(38) |
|
U.S. |
|
|
— |
|
|
|
100 |
% |
Kaleidoscope Prototyping LLC(17)(27) |
|
U.S. |
|
|
— |
|
|
|
— |
|
Blue Acorn iCi Inc (formerly Beringer Commerce Inc)(9)(38) |
|
U.S. |
|
|
— |
|
|
|
100 |
% |
Infosys Singapore Pte. Ltd. (formerly Infosys Consulting Pte. Ltd.)(1) |
|
Singapore |
|
|
100 |
% |
|
|
100 |
% |
Infosys Financial Services GmbH. (formerly Panaya GmbH) (12) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
Infosys South Africa (Pty) Ltd(12) |
|
South Africa |
|
|
100 |
% |
|
|
100 |
% |
Infosys (Malaysia) SDN. BHD. (formerly Global Enterprise International (Malaysia) Sdn. Bhd.)(12) |
|
Malaysia |
|
|
100 |
% |
|
|
100 |
% |
Infosys Middle East FZ LLC (12) |
|
Dubai |
|
|
100 |
% |
|
|
100 |
% |
Infosys Norway (12) |
|
Norway |
|
|
100 |
% |
|
|
100 |
% |
Infosys Compaz Pte. Ltd (13) |
|
Singapore |
|
|
60 |
% |
|
|
60 |
% |
HIPUS Co., Ltd(13) |
|
Japan |
|
|
81 |
% |
|
|
81 |
% |
Fluido Oy (12) |
|
Finland |
|
|
100 |
% |
|
|
100 |
% |
Fluido Sweden AB (14) |
|
Sweden |
|
|
100 |
% |
|
|
100 |
% |
Fluido Norway A/S(14) |
|
Norway |
|
|
100 |
% |
|
|
100 |
% |
Fluido Denmark A/S(14) |
|
Denmark |
|
|
100 |
% |
|
|
100 |
% |
Fluido Slovakia s.r.o(14) |
|
Slovakia |
|
|
100 |
% |
|
|
100 |
% |
Infosys Fluido UK, Ltd.(14) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
Infosys Fluido Ireland, Ltd.(15) |
|
Ireland |
|
|
100 |
% |
|
|
100 |
% |
Stater N.V.(13) |
|
The Netherlands |
|
|
75 |
% |
|
|
75 |
% |
Stater Nederland B.V.(16) |
|
The Netherlands |
|
|
75 |
% |
|
|
75 |
% |
Stater XXL B.V.(16) |
|
The Netherlands |
|
|
75 |
% |
|
|
75 |
% |
HypoCasso B.V.(16) |
|
The Netherlands |
|
|
75 |
% |
|
|
75 |
% |
Stater Participations B.V.(28) |
|
The Netherlands |
|
|
— |
|
|
|
— |
|
Stater Belgium N.V./S.A.(16)(28) |
|
Belgium |
|
|
75 |
% |
|
|
75 |
% |
Stater Gmbh(16) |
|
Germany |
|
|
75 |
% |
|
|
75 |
% |
Infosys Germany GmbH (formerly Kristall 247. GmbH (“Kristall”))(12) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
Wongdoody Gmbh (formerly known as oddity GmbH) (18) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
WongDoody (Shanghai) Co. Limited (formerly known as oddity (Shanghai) Co., Ltd.) (19) |
|
China |
|
|
100 |
% |
|
|
100 |
% |
WongDoody limited (Taipei) (formerly known as oddity Limited (Taipei)) (19) |
|
Taiwan |
|
|
100 |
% |
|
|
100 |
% |
oddity space GmbH (18)(26) |
|
Germany |
|
|
— |
|
|
|
— |
|
oddity jungle GmbH (18)(26) |
|
Germany |
|
|
— |
|
|
|
— |
|
oddity code GmbH (18)(26) |
|
Germany |
|
|
— |
|
|
|
— |
|
WongDoody d.o.o (formerly known as oddity code d.o.o) (19)(26) |
|
Serbia |
|
|
100 |
% |
|
|
100 |
% |
oddity waves GmbH (18)(26) |
|
Germany |
|
|
— |
|
|
|
— |
|
oddity group services GmbH (18)(26) |
|
Germany |
|
|
— |
|
|
|
— |
|
BASE life science A/S (12) |
|
Denmark |
|
|
100 |
% |
|
|
100 |
% |
BASE life science AG (21) |
|
Switzerland |
|
|
100 |
% |
|
|
100 |
% |
BASE life science GmbH (21) |
|
Germany |
|
|
100 |
% |
|
|
100 |
% |
BASE life science S.A.S (21) |
|
France |
|
|
100 |
% |
|
|
100 |
% |
BASE life science Ltd. (21) |
|
U.K. |
|
|
100 |
% |
|
|
100 |
% |
BASE life science S.r.l. (21) |
|
Italy |
|
|
100 |
% |
|
|
100 |
% |
Innovisor Inc.(21) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
BASE life science Inc.(21) |
|
U.S. |
|
|
100 |
% |
|
|
100 |
% |
BASE life science S.L.(21) |
|
Spain |
|
|
100 |
% |
|
|
100 |
% |
|
|
|
|
|
|
|
|
|
|
|
InSemi Technology Services Private Limited (30) |
|
India |
|
|
100 |
% |
|
|
— |
|
Elbrus Labs Private Limited (30)(22) |
|
India |
|
|
100 |
% |
|
|
— |
|
Infosys Services (Thailand) Limited (1)(32) |
|
Thailand |
|
|
100 |
% |
|
|
— |
|
Infy tech SAS (12)(31) |
|
France |
|
|
100 |
% |
|
|
— |
|
in-tech Holding GmbH (33)(39) |
|
Germany |
|
|
— |
|
|
|
— |
|
in-tech GmbH (33) |
|
Germany |
|
|
100 |
% |
|
|
— |
|
Friedrich & Wagner Asia Pacific GmbH (33)(39) |
|
Germany |
|
|
— |
|
|
|
— |
|
drivetech Fahrversuch GmbH (33) |
|
Germany |
|
|
100 |
% |
|
|
— |
|
ProIT (33) |
|
Romania |
|
|
100 |
% |
|
|
— |
|
in-tech Automotive Engineering de R.L. de C.V (33)(20) |
|
Mexico |
|
|
100 |
% |
|
|
— |
|
Friedrich Wagner Holding Inc.(33)(20) |
|
U.S. |
|
|
100 |
% |
|
|
— |
|
in-tech Automotive Engineering SL (33) |
|
Spain |
|
|
100 |
% |
|
|
— |
|
in-tech Automotive Engineering LLC (33)(36) |
|
U.S. |
|
|
— |
|
|
|
— |
|
in-tech Services LLC (33)(36) |
|
U.S. |
|
|
— |
|
|
|
— |
|
in-tech Engineering s.r.o (33) |
|
Czech Republic |
|
|
100 |
% |
|
|
— |
|
in-tech Engineering GmbH (33) |
|
Austria |
|
|
100 |
% |
|
|
— |
|
in-tech Engineering services S.R.L (33) |
|
Romania |
|
|
100 |
% |
|
|
— |
|
in-tech Group Ltd (33) |
|
U.K. |
|
|
100 |
% |
|
|
— |
|
In-tech Automotive Engineering Shenyang Co. Ltd (33) |
|
China |
|
|
100 |
% |
|
|
— |
|
in-tech Group India Private Ltd (33) |
|
India |
|
|
— |
|
|
|
— |
|
In-tech Automotive Engineering Beijing Co., Ltd (33) |
|
China |
|
|
100 |
% |
|
|
— |
|
Blitz 24-893 SE (34) |
|
Germany |
|
|
100 |
% |
|
|
— |
|
Infosys Limited SPC (1)(40) |
|
Oman |
|
|
100 |
% |
|
|
— |
|
Infosys BPM Netherlands B.V. (3)(41) |
|
The Netherlands |
|
|
100 |
% |
|
|
— |
|
|
|
|
|
|
|
|
|
(1) Wholly-owned subsidiary of Infosys Limited |
|
|
|
|
|
|
|
(2) Majority owned and controlled subsidiary of Infosys Limited |
|
|
|
|
|
|
|
(3) Wholly-owned subsidiary of Infosys BPM Limited |
|
|
|
|
|
|
|
(4) Wholly-owned subsidiary of Panaya Inc. |
|
|
|
|
|
|
|
(5) Wholly-owned subsidiary of Brilliant Basics Holding Limited. |
|
|
|
|
|
|
|
(6) Wholly-owned subsidiary of Infosys Consulting Holding AG |
|
|
|
|
|
|
|
(7) Wholly-owned subsidiary of Infy Consulting Company Limited |
|
|
|
|
|
|
|
(8) Wholly-owned subsidiary of GuideVision s.r.o. |
|
|
|
|
|
|
(9) Wholly-owned subsidiary of Infosys Nova Holdings LLC |
|
|
|
|
|
|
(10) Wholly-owned subsidiary of Simplus ANZ Pty Ltd |
|
|
|
|
|
|
(11) Wholly-owned subsidiary of Infosys Public Services, Inc. |
|
|
|
|
|
|
|
(12) Wholly-owned subsidiary of Infosys Singapore Pte. Ltd. (formerly Infosys Consulting Pte. Ltd.) |
|
(13) Majority owned and controlled subsidiary of Infosys Singapore Pte. Ltd. (formerly Infosys Consulting Pte. Ltd.) |
|
(14) Wholly-owned subsidiary of Fluido Oy |
|
(15) Wholly-owned subsidiary of Infosys Fluido UK, Ltd. |
|
|
|
|
|
|
|
(16) Wholly-owned subsidiary of Stater N.V |
|
|
|
|
|
|
|
(17) Wholly-owned subsidiary of Kaleidoscope Animations, Inc. |
|
|
|
|
|
|
|
(18) Wholly-owned subsidiary of Infosys Germany GmbH (formerly Kristall 247. GmbH (“Kristall”)) |
|
(19)Wholly-owned subsidiary of Wongdoody Gmbh (formerly known as oddity GmbH) |
(20) Under liquidation |
|
(21) Wholly-owned subsidiary of BASE life science A/S |
|
(22) Wholly-owned subsidiary of InSemi Technology Services Private Limited |
(23) Liquidated effective July 14, 2023 |
|
|
|
|
|
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|
(24)Incorporated on August 11, 2023 |
|
(25) On September 1, 2023 Infosys Ltd. acquired 100% of voting interests in IDUNN Information Technology Private Limited (formerly Danske IT and Support Services India Private Limited (“Danske IT”)) |
|
(26)On September 29, 2023, oddity space GmbH, oddity waves GmbH, oddity jungle GmbH, oddity group services GmbH and oddity code GmbH merged into WongDoody GmbH and oddity code d.o.o which was formerly a subsidiary of oddity code Gmbh has become a subsidiary of Wongdoody Gmbh (formerly known as oddity GmbH). |
|
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|
(27)Kaleidoscope Prototyping LLC, a Wholly-owned subsidiary of Kaleidoscope Animations is liquidated effective November 1, 2023 |
|
(28) On November 24, 2023 Stater Participations B.V (Wholly-owned subsidiary of Stater N.V) merged with Stater N.V and Stater Belgium N.V./S.A which was formerly a wholly owned subsidiary of Stater Participations B.V. became a wholly owned subsidiary of Stater N.V |
|
(29) On March 15, 2024 Infosys BPM Canada Inc., a Wholly-owned subsidiary of Infosys BPM Limited got dissolved. |
|
(30) On May 10, 2024 Infosys Ltd. acquired 100% of voting interests in InSemi Technology Services Private Limited along with its subsidiary Elbrus Labs Private Limited |
|
(31) Incorporated on July 03, 2024 |
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(32) Incorporated on July 26, 2024 |
|
(33) On July 17, 2024, Infosys Germany GmbH, a wholly owned subsidiary of Infosys Singapore Pte. Limited, acquired 100% of voting interests in in-tech Holding GmbH along with its subsidiary in-tech GmbH along with its six subsidiaries in-tech Automotive Engineering SL, ProIT, in-tech Automotive Engineering de R.L. de C.V, drivetech Fahrversuch GmbH, Friedrich Wagner Holding Inc along with its two subsidiaries (in-tech Automotive Engineering LLC and in-tech Services LLC) and Friedrich & Wagner Asia Pacific GmbH along with its five subsidiaries in-tech engineering s.r.o, in-tech engineering GmbH, in-tech engineering services S.R.L, in-tech Group Ltd along with its subsidiary (in-tech Group India Private Limited) and In-tech Automotive Engineering Shenyang Co., Ltd along with its subsidiary (In-tech Automotive Engineering Beijing Co., Ltd). Subsequently on September 01, 2024 in-tech Group India Private Limited became a wholly-owned subsidiary of Infosys limited. |
(34) On October 17, 2024, Infosys Singapore Pte Ltd. acquired 100% of voting interests in Blitz 24-893 SE |
|
(35) Liquidated effective November 14, 2024 |
|
(36) Liquidated effective November 30, 2024 |
|
(37) WongDoody Inc, a wholly-owned subsidiary of Infosys limited merged into Infosys Nova Holdings LLC effective January 1, 2025 |
|
(38) Kaleidoscope Animations, Blue Acorn iCi Inc and Outbox systems Inc. dba Simplus (US) merged into Infosys Nova Holdings LLC effective January 1,2025 |
|
(39) in-tech Holding GmbH and Friedrich & Wagner Asia Pacific GmbH merged into in-tech GmbH effective January 1,2025 |
|
(40) Incorporated on December 12, 2024 |
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(41) Incorporated on March 20, 2025 |
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List of other related parties:
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|
|
Particulars |
Country |
Nature of relationship |
Infosys Limited Employees’ Gratuity Fund Trust |
India |
Post-employment benefit plan of Infosys |
Infosys Limited Employees’ Provident Fund Trust |
India |
Post-employment benefit plan of Infosys |
Infosys Limited Employees’ Superannuation Fund Trust |
India |
Post-employment benefit plan of Infosys |
Infosys BPM Limited Employees’ Superannuation Fund Trust |
India |
Post-employment benefit plan of Infosys BPM |
Infosys BPM Limited Employees’ Gratuity Fund Trust |
India |
Post-employment benefit plan of Infosys BPM |
EdgeVerve Systems Limited Employees’ Gratuity Fund Trust |
India |
Post-employment benefit plan of EdgeVerve |
EdgeVerve Systems Limited Employees’ Superannuation Fund Trust |
India |
Post-employment benefit plan of EdgeVerve |
Infosys Employees’ Welfare Trust |
India |
Controlled Trust |
Infosys Employee Benefits Trust |
India |
Controlled Trust |
Infosys Science Foundation |
India |
Controlled Trust |
Infosys Expanded Stock Ownership Trust |
India |
Controlled Trust |
Infosys Foundation(1) |
India |
Trust jointly controlled by KMPs |
(1)During fiscal 2025 and fiscal 2024, the Group contributed $51 million and $49 million respectively towards CSR.
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| Summary of Related Party Transactions |
Transactions with Key Managerial Personnel (KMP) The table below describes the related party transactions with key management personnel which comprises directors and executive officers under IAS 24:
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in millions) |
|
|
|
Year ended March 31, |
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
Salaries and other short term employee benefits to whole-time directors and executive officers(1)(2) |
|
|
14 |
|
|
|
14 |
|
|
14 |
|
Commission and other benefits to non-executive / independent directors |
|
|
2 |
|
|
|
2 |
|
|
2 |
|
Total |
|
|
16 |
|
|
|
16 |
|
|
|
16 |
|
(1)Includes employee stock compensation expense of $8 million, $8 million and $6 million for fiscal 2025, 2024 and 2023, respectively, towards key managerial personnel (Refer to Note 2.17). (2)Does not include post-employment benefit and other long term benefits based on actuarial valuation as this is done for the Company as a whole.
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