Disclosure Under Regulation 30 Of SEBI LODR Regulations
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Awaiting price reaction for this filing.
Infosys has received a communication from the Indore Municipal Corporation (Indore Nagar Nigam) imposing a penalty of ₹11,21,293 for the alleged late payment of property tax for FY2025-2026. The company received this communication on February 9, 2026, and disclosed it to the exchanges on February 13, 2026. Infosys has stated that the penalty has no material impact on its financials, operations, or other activities. The company explained the slight delay in disclosure by saying it was verifying the communication and deciding on next steps.
The penalty is very small (around ₹11 lakhs) relative to Infosys's size and is for a routine municipal tax issue, so it is unlikely to affect the stock price or shareholder value in any meaningful way.