Infosys Limited — Others, 14-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Infosys has announced a board meeting to discuss a proposed settlement of all class action lawsuits against Infosys McCamish Systems LLC and several of its customers. The mediation led to an agreement in principle, where McCamish will pay $17.5 million to resolve these lawsuits. The settlement terms require confirmation and court approval but aim to settle all allegations without any admission of liability. This development could enhance the company’s operational clarity and reduce legal uncertainties, fostering a positive outlook among investors. However, the implications of the settlement will hinge on final court approval.