Infosys Limited : Vesting & exercise of Restricted Stock Units (RSUs)

BANGALORE, India, January 11, 2017 /PRNewswire/ --

TO ALL STOCK EXCHANGES

BSE LIMITED

NATIONAL STOCK EXCHANGE OF INDIA LIMITED

NEW YORK STOCK EXCHANGE

NYSE EURONEXT LONDON

NYSE EURONEXT PARIS

January 11, 2017

Dear Sirs/Madam,

Sub: Vesting and Exercise of Restricted Stock Units (RSU) 

In continuation to our letter dated January 9, 2015, a grant of 4,273 restricted stock units were granted to Dr. Vishal Sikka, CEO and Managing Director on January 9, 2015. 20% of these units amounting to 855 units (equivalent to 3,420 shares post bonus issues) have vested on January 8, 2017.

Dr. Vishal Sikka has exercised the above vested RSUs and has disclosed the transaction to the Company in accordance with the continual disclosure provisions of Chapter-III under the SEBI (Prohibition of Insider Trading Regulations, 2015).

Request you to kindly take the disclosure on records.

Yours sincerely,

For Infosys Limited

A.G.S. Manikantha

Company Secretary

This is a disclosure announcement from PR Newswire.