Infosys Limited has informed the Exchange regarding 'Disclosure Under Regulation 30 Of SEBI LODR Regulations'.
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Infosys BPM Limited, the wholly-owned subsidiary of Infosys, has received board approval to incorporate a new wholly-owned subsidiary in Colombia under the name Infosys BPM Colombia S.A.S. This is part of the company's BPM (Business Process Management) arm expansion into the Latin American market. Further details will be disclosed as per SEBI LODR regulations. The new entity is fully owned by Infosys, not a joint venture or acquisition.
This is a routine geographic expansion of Infosys's BPM business into Colombia and is not material to the stock. It signals continued focus on Latin America but involves no new capital commitment or strategic shift for shareholders.