INFOSYS ANNUAL REPORT

Infy annual report to be available online for ADS holders

26 May, 2008:

Infosys Technologies will avail of NASDAQ’s recent rule amendment allowing a company to furnish its annual reports on its website in lieu of physical distribution.

According to a report, this new rule amendment, which relates to ADS holders, is intended to allow additional methods of disclosure for NASDAQ-listed companies, thereby reducing costs and enabling them to use technology to provide information to investors in a timelier manner.

The Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 30, 2008 together with the Indian Annual Report will be made available on the Infosys Technologies website at www.infosys.com. As per the new rule amendment, the company will no longer circulate physical copies of the Annual Report on Form 20-F or the Indian Annual Report to ADS holders.

However, in compliance with the NASDAQ rule amendment, physical copies of Infosys’ Annual Report on Form 20-F and the Indian Annual Report will be made available, at no cost, to ADS holders or shareholders on request. Interested ADS holders or shareholders may write to The Company Secretary at Infosys’ registered office at Electronics City, Hosur Road, Bangalore-560 100, or email their request to investors@infosys.com.

This new approach will allow the company’s ADS holders and shareholders more time to review annual report materials in advance of the annual general meeting. In addition, this effort will further reiterate the company’s commitment to the environment by saving on printing large volumes of paper and thereby reducing its environmental impact.

Infy has been engaged in solutions that focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered, the company has said.
 



 

 

 

 

 

 

Auto news for auto freaks! iDrive.in
DWS community! / Cricket blog

 

Latest Stories in Business

 
Reliance Communications forays into MTN bid talks

Bharti Calls off Talks with MTN

Infy annual report to be available online for ADS holders

Indian firms focus on ICT sector

 

 

Latest Stories in Business

 

 

 

 

Latest updates    Contact Us - Feedback    About Us