Infosys Shares Soar 3% Amid ADR Volatility Clarification & Legal Settlement Update

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Moneycontrol•22-12-2025, 13:59
Infosys Shares Soar 3% Amid ADR Volatility Clarification & Legal Settlement Update
- •Infosys shares surged over 3% on Monday, December 22, following a company statement.
- •The company clarified "unusual fluctuations" in its ADRs, which jumped up to 56% on Friday before closing up 5.42%.
- •Infosys stated no significant event required disclosure under SEBI LODR Regulations, 2015, aiming for transparency.
- •Court granted final approval for settlement of class action lawsuits against Infosys McCamish Systems LLC on December 18, 2025.
- •Infosys McCamish Systems agreed to deposit $17.5 million into a settlement fund without admitting liability.
Why It Matters: Infosys shares rallied after clarifying ADR volatility and updating on a $17.5M legal settlement.
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