Infosys Limited has successfully completed the incorporation of its new step-down wholly-owned subsidiary, Infosys Enterprise Business Services Pty. Ltd, located in Australia. This administrative step, finalized on March 19, 2026, was preceded by an initial announcement on March 18, 2026. The new entity, operating within the Information Technology and Technology Enabled Services industry, is fully owned by Infosys Singapore Pte. Ltd., ensuring 100% control by the parent group.
Establishment of New Global Subsidiary
Infosys Limited formally announced the successful completion of the incorporation process for a new step-down wholly-owned subsidiary. The new entity has been established in Australia under the name Infosys Enterprise Business Services Pty. Ltd. This move follows a preliminary update provided by the company on March 18, 2026, regarding the plans for this incorporation.
Key Details of the New Entity
The subsidiary has a minimal initial Share Capital of AUD 10. The entity’s primary business focus is centered within the Information Technology and Information Technology enabled Services industry. Notably, the announcement confirms that this action is an internal restructuring measure and is not considered a related-party transaction.
Ownership and Finalization Date
The structure confirms that 100% of the shareholding and control of the new Australian company is held by Infosys Singapore Pte. Ltd., which itself is a wholly-owned step-down subsidiary of Infosys Limited. The official Date of Incorporation for the new entity was recorded as March 19, 2026.
As this action pertains solely to the incorporation of a subsidiary, details such as the cost of acquisition or an indicative timeline for completion are Not applicable.
Source: BSE