Infosys Limited — Important, 13-08-2025: Agreements

Infosys is forming a joint venture with Telstra by acquiring 75% of Versent Group, an Australian Digital Transformation Solutions Provider, for approximately ₹1,272 Cr. Telstra will retain a 25% stake, with Infosys gaining operational control. This strengthens Infosys' Australian presence, leveraging Versent's expertise and client base (FY25 revenue approximately ₹1,151 Cr) to accelerate AI-enabled cloud and digital solutions. The JV deepens strategic collaboration with Telstra. Expected close: H2 FY26.