Infosys Limited has informed the Exchange regarding 'Disclosure Under Regulation 30 Of SEBI LODR Regulations'.
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Awaiting price reaction for this filing.
Infosys has informed the stock exchanges that the Board of its step-down wholly owned subsidiary, Infosys BPM UK Limited, has approved setting up a new wholly owned subsidiary in Canada under the name 'Infosys BPM Canada Inc.' (or any name available in the Canadian commercial register). The move is part of expanding Infosys's Business Process Management (BPM) operations into the Canadian market. Additional details as required under SEBI LODR regulations will be disclosed later. The company has not shared any financial specifics, revenue targets, or timelines yet.
This is a routine geographic expansion move that signals Infosys is growing its BPM footprint in North America, which could support long-term client acquisition. However, with no order value, revenue guidance, or major client announcement, it is unlikely to cause any immediate stock price reaction.