Infosys has received a communication regarding a penalty for the late payment of State Unemployment Insurance for Q4FY25. The total penalty amounts to USD 11,041.03. According to the company, this matter will not have a material impact on the financials or operations of the company. The communication was received on January 30, 2026.
Penalty for Late Payment
Infosys has been notified about a penalty imposed due to a delay in the payment of State Unemployment Insurance. The communication, received on January 30, 2026, at 22:53 IST, details the specific violation leading to the penalty.
Financial Implications
The total penalty assessed amounts to USD 11,041.03. The company has stated that this penalty is not expected to have any material impact on its financials or operations.
Details of the Communication
The penalty relates to the late payment of State Unemployment Insurance for Q4FY25. Infosys is addressing the matter to ensure compliance and prevent future occurrences.
Source: BSE