v3.26.1
Related Party Transactions (Tables)
12 Months Ended
Mar. 31, 2026
Disclosure of transactions between related parties [abstract]  
Summary of Related Party Transactions

List of subsidiaries:

 

 

 

 

 

Holding as of

 

 

 

Country

 

March 31, 2026

 

 

March 31, 2025

 

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)(28)

 

India

 

 

 

 

 

 

Infosys Chile SpA(1)

 

Chile

 

 

100

%

 

 

100

%

Infosys Arabia Limited(2)

 

Saudi Arabia

 

 

70

%

 

 

70

%

Infosys Consulting Ltda.(1)

 

Brazil

 

 

100

%

 

 

100

%

Infosys Luxembourg S.a.r.l(1)

 

Luxembourg

 

 

100

%

 

 

100

%

Infosys Consulting S.R.L.(2)(45)

 

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)(30)

 

U.S.

 

 

 

 

 

 

IDUNN Information Technology Private Limited (1)

 

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

%

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)(31)

 

U.S.

 

 

 

 

 

 

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)(31)

 

U.S.

 

 

 

 

 

 

Blue Acorn iCi Inc(9)(31)

 

U.S.

 

 

 

 

 

 

Infosys Singapore Pte. Ltd. (1)(41)

 

Singapore

 

 

100

%

 

 

100

%

Infosys Financial Services GmbH. (12)

 

Germany

 

 

100

%

 

 

100

%

Infosys South Africa (Pty) Ltd(12)

 

South Africa

 

 

100

%

 

 

100

%

Infosys (Malaysia) SDN. BHD. (12)

 

Malaysia

 

 

100

%

 

 

100

%

Infosys Middle East FZ LLC (12)

 

U.A.E

 

 

100

%

 

 

100

%

Infosys Norway (12)

 

Norway

 

 

100

%

 

 

100

%

Infosys Compaz Pte. Ltd (13)

 

Singapore

 

 

60

%

 

 

60

%

HIPUS Co., Ltd(13)(41)

 

Japan

 

 

79

%

 

 

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 Belgium N.V./S.A.(16)

 

Belgium

 

 

75

%

 

 

75

%

Stater Gmbh(16)

 

Germany

 

 

75

%

 

 

75

%

Infosys Germany GmbH (12)(43)

 

Germany

 

 

 

 

 

100

%

Wongdoody Gmbh (18)(43)

 

Germany

 

 

100

%

 

 

100

%

WongDoody (Shanghai) Co. Limited (19)

 

China

 

 

100

%

 

 

100

%

WongDoody limited (Taipei) (19)

 

Taiwan

 

 

100

%

 

 

100

%

WongDoody d.o.o (19)

 

Serbia

 

 

100

%

 

 

100

%

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.(17)

 

U.S.

 

 

100

%

 

 

100

%

BASE life science S.L.(21)

 

Spain

 

 

100

%

 

 

100

%

InSemi Technology Services Private Limited (23)

 

India

 

 

100

%

 

 

100

%

Elbrus Labs Private Limited (23)(22)

 

India

 

 

100

%

 

 

100

%

Infosys Services (Thailand) Limited (1)(25)

 

Thailand

 

 

100

%

 

 

100

%

Infy tech SAS (12)(24)

 

France

 

 

100

%

 

 

100

%

in-tech Holding GmbH (26)(32)

 

Germany

 

 

 

 

 

 

in-tech GmbH (26)

 

Germany

 

 

100

%

 

 

100

%

Friedrich & Wagner Asia Pacific GmbH (26)(32)

 

Germany

 

 

 

 

 

 

drivetech Fahrversuch GmbH (26)

 

Germany

 

 

100

%

 

 

100

%

in-tech Engineering S.R.L. (formerly known as ProIT) (26)(44)

 

Romania

 

 

100

%

 

 

100

%

in-tech Automotive Engineering de R.L. de C.V (26)(40)

 

Mexico

 

 

 

 

 

100

%

Friedrich Wagner Holding Inc.(26)(20)

 

U.S.

 

 

100

%

 

 

100

%

in-tech Automotive Engineering SL (26)

 

Spain

 

 

100

%

 

 

100

%

in-tech Automotive Engineering LLC (26)(29)

 

U.S.

 

 

 

 

 

 

in-tech Services LLC (26)(29)

 

U.S.

 

 

 

 

 

 

in-tech Engineering s.r.o (26)

 

Czech Republic

 

 

100

%

 

 

100

%

in-tech Engineering GmbH (26)

 

Austria

 

 

100

%

 

 

100

%

in-tech Engineering services S.R.L (26)(44)

 

Romania

 

 

 

 

 

100

%

in-tech Group Ltd (26)

 

U.K.

 

 

100

%

 

 

100

%

In-tech Automotive Engineering Shenyang Co. Ltd (26)

 

China

 

 

100

%

 

 

100

%

in-tech Group India Private Ltd (26)

 

India

 

 

100

%

 

 

100

%

In-tech Automotive Engineering Beijing Co., Ltd (26)

 

China

 

 

100

%

 

 

100

%

Infosys Germany SE (formerly known as Blitz 24-893 SE) (27)(43)

 

Germany

 

 

100

%

 

 

100

%

Infosys Limited SPC (1)(33)

 

Oman

 

 

100

%

 

 

100

%

Infosys BPM Netherlands B.V. (17)(34)

 

The Netherlands

 

 

100

%

 

 

100

%

Infosys Energy Consulting Services LLC (9)(35)

 

U.S.

 

 

100

%

 

 

 

Infosys Saudi Arabia LLC (1)(36)

 

Saudi Arabia

 

 

100

%

 

 

 

Infosys Australia Technology Service Pty Ltd (12)(37)

 

Australia

 

 

100

%

 

 

 

MRE Consulting Ltd (38)

 

U.S.

 

 

100

%

 

 

 

MRE Technology Services, LLC (38)

 

U.S.

 

 

100

%

 

 

 

The Missing Link Automation Pty Ltd (39)

 

Australia

 

 

100

%

 

 

 

The Missing Link Network Integration Pty Ltd (39)

 

Australia

 

 

100

%

 

 

 

The Missing Link Security Pty Ltd (39)

 

Australia

 

 

100

%

 

 

 

The Missing Link Security Ltd (39)

 

U.K.

 

 

100

%

 

 

 

Infosys BPM Canada Inc (17)(42)

 

Canada

 

 

100

%

 

 

 

Infosys Enterprise Business Services Pty Ltd (12)(46)

 

Australia

 

 

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.

 

(13) Majority owned and controlled subsidiary of Infosys Singapore 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 IBPM UK Ltd

 

 

 

 

 

 

 

(18) Wholly-owned subsidiary of Infosys Germany GmbH

 

(19)Wholly-owned subsidiary of Wongdoody 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) 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

 

(24) Incorporated on July 03, 2024

 

(25) Incorporated on July 26, 2024

 

(26) 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, in-tech Engineering S.R.L. (formerly known as 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.

 

(27) On October 17, 2024, Infosys Singapore Pte Ltd. acquired 100% of voting interests in Infosys Germany SE (formerly known as Blitz 24-893 SE)

 

(28) Liquidated effective November 14, 2024

 

(29) Liquidated effective November 30, 2024

 

(30) WongDoody Inc, a wholly-owned subsidiary of Infosys limited merged into Infosys Nova Holdings LLC effective January 1, 2025

 

(31) Kaleidoscope Animations, Blue Acorn iCi Inc and Outbox systems Inc. dba Simplus (US) merged into Infosys Nova Holdings LLC effective January 1, 2025

 

(32) in-tech Holding GmbH and Friedrich & Wagner Asia Pacific GmbH merged into in-tech GmbH effective January 1,2025

 

(33) Incorporated on December 12, 2024

(34) Incorporated on March 20, 2025

 

 

(35) Incorporated on April 16, 2025

 

 

(36) Incorporated on April 21, 2025

 

 

(37) Incorporated on April 23, 2025

 

 

(38) On April 30, 2025, Infosys Nova Holdings LLC, a wholly-owned subsidiary of Infosys Limited, acquired 98.21% of partnership interests in MRE Consulting Ltd along with its subsidiary MRE Technology Services, LLC. The remaining 1.79% was acquired by Infosys Energy Consulting Services LLC, a Wholly-owned subsidiary of Infosys Nova Holdings LLC

 

 

(39) On April 30, 2025, Infosys Australia Technology Service Pty Ltd, a wholly owned subsidiary of Infosys Singapore Pte. Limited, acquired 100% of voting interests in The Missing Link Automation Pty Ltd, The Missing Link Network Integration Pty Ltd and The Missing Link Security Pty Ltd along with its subsidiary The Missing Link Security Ltd

 

 

(40) Liquidated effective May 07, 2025

 

 

(41) On May 13, 2025, Infosys Singapore Pte Ltd diluted 2% stake of HIPUS Co., Ltd to Mitsubishi Heavy Industries, Ltd.

 

(42) Incorporated on July 28, 2025

 

 

(43) Infosys Germany Gmbh, a Wholly-owned subsidiary of Infosys Singapore Pte Ltd merged into Infosys Germany SE (formerly known as Blitz 24-893 SE) effective September 24, 2025

 

 

(44) in-tech Engineering services S.R.L, (Wholly-owned subsidiary of in-tech GmbH) merged into in-tech Engineering S.R.L. (formerly known as ProIT and wholly-owned subsidiary of in-tech GmbH) effective November 30, 2025

 

 

(45) Infosys Consulting S.R.L. (Argentina) (formerly a majority owned and controlled subsidiary of Infosys Limited) became the majority owned and controlled subsidiary of Infosys Nova Holdings LLC with effect from January 28, 2026

 

 

(46) Incorporated on March 19, 2026

 

 

 

 

 

 

List of other related parties:

 

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 2026 and fiscal 2025, the Group contributed $45 million and $51 million respectively towards CSR.
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,

 

 

 

2026

 

 

2025

 

 

2024

 

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 $8 million for fiscal 2026, 2025 and 2024, 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.