Infosys Clarifies ADR Surge, Settles McCamish Lawsuits for $17.5 Million

• Infosys clarified a 40% surge in its ADR on NYSE on December 19, stating no material events required SEBI disclosure.
• The volatility led to two trading pauses by NYSE, prompting Infosys to issue a transparency communication.
• Infosys provided an update on class action lawsuits against Infosys McCamish Systems LLC and its customers.
• A court granted final approval on December 18, 2025, for a $17.5 million settlement in these lawsuits.
• The settlement resolves allegations without admission of liability and becomes effective if not appealed within 30 days.

Why It Matters: Infosys addressed ADR volatility and confirmed a $17.5 million settlement for McCamish lawsuits.