Infosys Limited announced the successful completion of incorporating a new step-down wholly-owned subsidiary based in Australia. The newly established entity is named Infosys Enterprise Business Services Pty. Ltd. This move marks a strategic step in expanding the company’s operational footprint overseas. The incorporation was finalized on March 19, 2026, with a minimal initial share capital of AUD 10, and is wholly owned by Infosys Singapore Pte. Ltd.
Completion of New Subsidiary Incorporation
In a regulatory filing dated March 19, 2026, Infosys confirmed the successful establishment of a new wholly-owned subsidiary. This move follows up on a previous intimation regarding the incorporation plans. The new entity is registered in Australia under the name Infosys Enterprise Business Services Pty. Ltd.
Entity Details and Ownership Structure
The primary purpose of this new incorporation aligns with the broader business operations of the parent company, focusing on Information Technology and Information Technology enabled Services. The initial capital structure is minimal, noting a Share Capital of AUD 10. Ownership details confirm that 100% of the shareholding is held by Infosys Singapore Pte. Ltd., which is itself a step-down wholly-owned subsidiary of Infosys Limited.
Strategic Rationale
Since this action constitutes the incorporation of a new subsidiary rather than an acquisition or related party transaction, specific disclosure requirements related to purchase price or prior transactions are Not applicable. This step is part of the ongoing strategy to structure and expand Infosys’s international business presence, particularly within the Australian market.
Source: BSE