Infosys has received a communication from DRIEETS Île-de-France regarding the collection of a penalty amounting to €175,000. The authority cited that Infosys’ working time recording system did not fully comply with French legal requirements. The alleged shortcomings relate to the system’s reliability, auditability, and monitoring capabilities for certain employee categories. The company stated there is no material impact on its financials or operations.
Company Statement on French Authority Communication
Infosys Limited has issued a company statement concerning a communication received from DRIEETS Île-de-France (Direction régionale et interdépartementale de l’économie, de l’emploi, du travail et des solidarités). The communication pertains to the collection of a penalty. This disclosure was made on July 25, 2026.
Details of the Penalty and Allegations
The communication details that orders have been passed, and action taken, resulting in a total fine of €175,000. The authority found that Infosys’ working time recording system did not fully comply with French legal requirements. Specific shortcomings cited include issues with the system’s reliability, auditability, and monitoring capabilities for certain employee categories. The communication from the authority was received on July 24, 2026, at 15:30 IST.
Impact and Explanation
Infosys has stated that there is no material impact on the company’s financials, operations, or other activities as a result of this communication. Regarding the disclosure itself, the company explained that it was in the process of checking the veracity of the information and determining further steps upon receipt of the communication. This information is for the records and has been hosted on the company’s website.
Source: BSE
