Financials

Annexure 1 – Statement containing the salient features of the financial statements of subsidiaries / associate companies / joint ventures

[Pursuant to first proviso to sub-section (3) of Section 129 of the Companies Act, 2013, read with Rule 5 of the Companies (Accounts) Rules, 2014 – AOC-1]

List of subsidiaries

in crore except % of shareholding and exchange rate

Name of the subsidiary

Financial period ended

Exchange rate

Share capital

Reserves and surplus

Total assets

Total liabilities
(excluding share capital and reserves and surplus)

Investments

Turnover (1)

Profit / (Loss) before taxation (1)

Provision for taxation (1)

Profit / (Loss) after taxation (1)

% of shareholding

Infosys Consulting Holding AG

(formerly Lodestone Holding AG)

Dec 31, 2015

1 CHF = 66.65

166

131

335

38

1

(1)

100

Infosys Consulting GmbH (2)

(formerly Lodestone Management Consultants GmbH)

Dec 31, 2015

1 EUR = 72.11

1

29

196

166

571

(4)

1

(5)

100

Infosys Management Consulting
Pty. Limited (2)

(formerly Lodestone Management Consultants Pty. Limited)

Dec 31, 2015

1 AUD = 48.42

(18)

24

42

139

(5)

5

(10)

100

Infosys Consulting AG (2)

(formerly Lodestone Management Consultants AG)

Dec 31, 2015

1 CHF = 66.65

1

86

401

314

978

84

20

64

100

Lodestone GmbH (2)(6)

(formerly Hafner Bauer & Ödman GmbH)

Dec 31, 2015

1 CHF = 66.65

100

Lodestone Management
Consultants Co., Ltd. (2)

Dec 31, 2015

1 RMB = 10.25

16

(41)

44

69

129

(18)

(18)

100

Infosys Consulting s.r.o. (2)

(formerly Lodestone Management Consultants s.r.o.)

Dec 31, 2015

1 CZK = 2.67

4

8

4

16

3

1

2

100

Lodestone Management Consultants GmbH (Austria) (2)

Dec 31, 2015

1 EUR = 72.11

1

(3)

1

3

5

100

Infosys Consulting SAS (2)

(formerly Lodestone Management Consultants SAS)

Dec 31, 2015

1 EUR = 72.11

1

(33)

8

40

42

(5)

1

(6)

100

Infy Consulting Company Limited (2)
(formerly Lodestone Management Consultants Ltd.)

Dec 31, 2015

1 GBP = 98.07

39

303

264

620

21

6

15

100

Infy Consulting B.V. (2)

(formerly Lodestone Management Consultants B.V.)

Dec 31, 2015

1 EUR = 72.11

1

6

45

38

87

12

3

9

100

Infosys Consulting Sp. Z o.o. (2)
(formerly Lodestone Management Consultants
sp. z o.o.)

Dec 31, 2015

1 PLN = 16.88

3

(1)

25

23

81

5

3

2

100

Lodestone Management Consultants Portugal, Unipessoal, Lda (2)

Dec 31, 2015

1 EUR = 72.11

5

(7)

5

7

20

(2)

(2)

100

S.C. Infosys Consulting S.R.L. (2)

(formerly SC Lodestone Management Consultants S.R.L.)

Dec 31, 2015

1 RON = 16.01

1

5

8

2

20

2

1

1

100

Infosys Consulting Pte Ltd. (2)

(formerly Lodestone Management
Consultants Pte Ltd.)

Dec 31, 2015

1 SGD = 46.83

(39)

23

62

131

(5)

(5)

100

Lodestone Management Consultants Inc. (2)

Dec 31, 2015

1 USD = 66.16

1

10

91

80

282

27

17

10

100

Lodestone Management Consultants (Belgium) S.A. (3)

Dec 31, 2015

1 EUR = 72.11

3

(24)

23

44

39

(2)

(2)

99.90

Infosys Consulting Ltda. (3)

(formerly Lodestone Management Consultants Ltda.)

Dec 31, 2015

1 BRL = 16.69

123

(105)

59

41

133

(38)

(38)

99.99

Lodestone Augmentis AG (4)(6)

Dec 31, 2015

1 CHF = 66.65

1

2

1

100

Infosys Consulting S.R.L. (2)

(formerly Lodestone Management Consultants S.R.L.)

Dec 31, 2015

1 ARS = 5.06

7

(5)

6

4

17

100

Infosys BPO Limited

Mar 31, 2016

INR

34

3,441

3,965

490

21

2,849

755

185

570

99.98

EdgeVerve Systems Limited

Mar 31, 2016

INR

1,312

(160)

4,005

2,853

32

1,533

(59)

31

(90)

100

Infosys Technologies (China) Co. Limited

Dec 31, 2015

1 RMB = 10.25

168

(41)

363

236

844

(81)

(81)

100

Infosys Technologies (Shanghai) Company Limited

Dec 31, 2015

1 RMB = 10.25

639

41

737

57

2

2

100

Infosys Public Services, Inc.

Mar 31, 2016

1 USD = 66.26

98

173

522

251

1,366

183

72

111

100

Infosys Americas Inc.

Mar 31, 2016

1 USD = 66.26

1

1

100

Infosys Tecnologia do Brasil Ltda.

Dec 31, 2015

1 BRL = 16.69

146

(71)

110

35

177

20

22

(2)

100

Infosys Technologies
S. de R. L. de C. V.

Dec 31, 2015

1 MXN = 3.89

65

32

153

56

263

26

7

19

100

Infosys Technologies (Sweden) AB

Dec 31, 2015

1 SEK = 7.86

(41)

36

77

83

(41)

(41)

100

Infosys (Czech Republic) Limited s.r.o (5)

(formerly Infosys BPO s.r.o)

Mar 31, 2016

1 CZK = 2.78

3

47

66

16

61

4

4

99.98

Infosys Poland Sp. z o.o. (5)

(formerly Infosys BPO Poland, Sp. z.o.o)

Mar 31, 2016

1 PLN = 17.55

4

354

468

110

21

452

97

2

95

99.98

Infosys McCamish Systems LLC (5)

Mar 31, 2016

1 USD = 66.26

175

(122)

107

54

357

26

1

25

99.98

Portland Group Pty. Limited (5)

Mar 31, 2016

1 AUD = 50.98

18

85

139

36

148

46

15

31

99.98

Infosys Technologies (Australia)
Pty. Limited (6)

Mar 31, 2016

1 AUD = 50.98

4

33

38

1

1

1

100

Infosys Nova Holdings LLC

Dec 31, 2015

1 USD = 66.16

93

1

94

94

100

Panaya Inc.

Dec 31, 2015

1 USD = 66.16

318

399

81

99

3

1

2

100

Panaya Ltd. (7)

Dec 31, 2015

1 USD = 66.16

225

(339)

245

359

204

(82)

1

(83)

100

Panaya GmbH (7)

Dec 31, 2015

1 EUR = 72.11

(4)

21

25

26

100

Panaya Japan Co. Ltd. (7)

Dec 31, 2015

1 JPY = 0.5497

(2)

4

6

4

100

Skava Systems Pvt. Ltd.

Mar 31, 2016

INR

15

28

13

21

44

8

2

6

100

Kallidus Inc.

Dec 31, 2015

1 USD = 66.16

15

37

109

57

209

36

30

6

100

Noah Consulting LLC

Dec 31, 2015

1 USD = 66.16

116

(87)

70

41

224

20

20

100

Noah Information Management Consulting Inc. (8)

Dec 31, 2015

1 CAD = 47.67

(10)

2

12

6

(4)

(4)

100

List of associates

in crore

Name of the entity

Last audited Balance Sheet date

No. of shares held by the companies in associate on the year end

Amount of investment in associate

Reason why the associate is not consolidated

Net worth attributable to shareholding as per latest Balance Sheet ( crore)

Profit / Loss for the year

Considered in consolidation

Not considered in consolidation

DWA Nova LLC (9)

(9)

99

NA

40

5

(1) Converted at monthly average exchange rates

(2) Wholly-owned subsidiary of Infosys Consulting Holding AG (formerly Lodestone Holding AG)

(3) Majority-owned and controlled subsidiary of Infosys Consulting Holding AG (formerly Lodestone Holding AG)

(4) Wholly-owned subsidiary of Infosys Consulting AG (formerly Lodestone Management Consultants AG)

(5) Wholly-owned subsidiary of Infosys BPO Limited

(6) Under liquidation

(7) Wholly-owned subsidiary of Panaya Inc.

(8) Wholly-owned subsidiary of Noah Consulting LLC

(9) Associate of Infosys Nova Holdings LLC. As of December 31, 2015, Infosys Nova Holdings LLC holds 16% of
equity interest in DWA Nova LLC and exercises significant influence.

Notes:
  1. Investments exclude investments in subsidiaries.
  2. Proposed dividend from any of the subsidiaries is nil.
  3. On June 2, 2015, Infosys acquired 100% of the voting interests in Kallidus Inc., (d.b.a Skava) (Kallidus) and 100% of the voting interests of Skava Systems Private Limited, India, an affiliate of Kallidus.
  4. On November 16, 2015, Infosys has acquired 100% membership interest in Noah Consulting LLC.
  5. The following companies are yet to commence operation:
    • Infosys Canada Public Services Ltd., a wholly-owned subsidiary of Infosys Public Services, Inc., has been incorporated effective December 19, 2014.
    • Infosys BPO Americas LLC, a wholly-owned subsidiary of Infosys BPO Limited, has been incorporated on November 20, 2015.
    • Panaya Pty Ltd., a wholly-owned subsidiary of Panaya Inc.
  6. Infosys BPO S. de R.L. de C.V., a wholly-owned subsidiary of Infosys BPO Limited, has been liquidated effective March 15, 2016. The Company has not commenced its operation till that date.
  7. Portland Procurement Services Pty. Ltd., a subsidiary of Portland Group Pty. Ltd., is liquidated with effect from May 14, 2014.

for and on behalf of the Board of Directors of Infosys Limited

R. Seshasayee

Chairman

Dr. Vishal Sikka

Chief Executive Officer and
Managing Director

U. B. Pravin Rao

Chief Operating Officer and Whole-time Director

Bangalore

April 15, 2016

Roopa Kudva

Director

M. D. Ranganath

Chief Financial Officer and
Executive Vice President

A. G. S. Manikantha

Company Secretary


Annexure 2 – Particulars of contracts / arrangements made with related parties

[Pursuant to Clause (h) of sub-section (3) of Section 134 of the Companies Act, 2013, and Rule 8(2) of the Companies (Accounts) Rules, 2014 – AOC-2]

This Form pertains to the disclosure of particulars of contracts / arrangements entered into by the Company with related parties referred to in sub-section (1) of Section 188 of the Companies Act, 2013 including certain arm’s length transactions under third proviso thereto.

Details of contracts or arrangements or transactions not at arm’s length basis

There were no contracts or arrangements or transactions entered into during the year ended March 31, 2016, which were not at arm’s length basis.

Details of material contracts or arrangement or transactions at arm’s length basis

The details of material contracts or arrangement or transactions at arm’s length basis for the year ended March 31, 2016 are as follows:

Name of related party

Nature of relationship

Duration of contract

Salient terms (1)

Amount
(in crore)

Nature of contract

Investment in debenture instrument

EdgeVerve Systems Limited

Subsidiary

Refer to Note 2

Refer to Note 2

2,549

2,549

Investment in equity instrument

EdgeVerve Systems Limited

Subsidiary

Refer to Note 2

Refer to Note 2

850

Infosys Technologies (Shanghai)
Company Limited

Subsidiary

Not applicable

Not applicable

258

1,108

Purchase of services

Infosys BPO Limited

Subsidiary

April 1, 2012 – ongoing

Based on transfer pricing guidelines

341

Infosys Technologies (China) Co. Limited

Subsidiary

April 1, 2011 – ongoing

Based on transfer pricing guidelines

126

Lodestone Management Consultants
Pty. Limited

Subsidiary

Jan 1, 2013 – ongoing

Based on transfer pricing guidelines

130

Infy Consulting Company Limited

Subsidiary

Nov 1, 2012 – ongoing

Based on transfer pricing guidelines

882

Infosys Consulting Pte Ltd.

Subsidiary

Jan 1, 2013 – ongoing

Based on transfer pricing guidelines

104

Infosys Public Services, Inc.

Subsidiary

April 1, 2014 – ongoing

Based on transfer pricing guidelines

11

Infosys Technologies (Sweden) AB

Subsidiary

April 23, 2009 – ongoing

Based on transfer pricing guidelines

79

1,673

Purchase of shared services including facilities and personnel

Infosys BPO Limited

Subsidiary

April 1, 2012 – ongoing

Based on transfer pricing guidelines

18

18

Sale of services

Infosys BPO Limited

Subsidiary

April 1, 2012 – ongoing

Based on transfer pricing guidelines

69

Infosys Technologies (China) Co. Limited

Subsidiary

April 1, 2013 – ongoing

Based on transfer pricing guidelines

11

Infy Consulting Company Limited

Subsidiary

Nov 1, 2012 – ongoing

Based on transfer pricing guidelines

30

Infosys Technologies (Sweden) AB

Subsidiary

April 1, 2015 – ongoing

Based on transfer pricing guidelines

27

Infosys Public Services, Inc.

Subsidiary

April 1, 2013 – ongoing

Based on transfer pricing guidelines

900

1,037

Sale of shared services including facilities and personnel

Infosys BPO Limited

Subsidiary

April 1, 2012 – ongoing

Based on transfer pricing guidelines

42

EdgeVerve Systems Limited

Subsidiary

Jul 1, 2014 – ongoing

Based on transfer pricing guidelines

143

Infy Consulting Company Limited

Subsidiary

Nov 1, 2012 – ongoing

Based on transfer pricing guidelines

5

190

Notes:
  1. Appropriate approvals have been taken for related party transactions. Advances paid have been adjusted against billings, wherever applicable.
  2. On April 24, 2015, the Board of Directors of Infosys authorized the Company to execute a Business Transfer Agreement and related documents with EdgeVerve Systems Limited (EdgeVerve), to transfer the business of Finacle and Edge Services. The business was transferred for a consideration of 3,222 crore and 177 crore for Finacle and Edge Services, respectively. Net assets amounting to 363 crore (including working capital amounting to 337 crore) have been transferred and accordingly a gain of 3,036 crore has been recorded as an exceptional item. The consideration was settled through issue of 85,00,00,000 equity shares amounting to 850 crore and 25,49,00,000 non-convertible redeemable debentures amounting to 2,549 crore in EdgeVerve, post the requisite approval from shareholders on December 11, 2015. The debentures have been issued on December 24, 2015 up to a term of 120 months carrying annual rate of interest at 10 years Government of India Bond yield plus 1% premium payable as mutually agreed by both the parties.

for and on behalf of the Board of Directors

Bangalore
April 15, 2016

R. Seshasayee

Chairman

Dr. Vishal Sikka

Chief Executive Officer and
Managing Director


Annexure 3 – Particulars of employees

a) Information as per Rule 5(1) of Chapter XIII, Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

We are a leading provider of consulting, technology, outsourcing and next-generation services. The remuneration and perquisites provided to our employees including that of the Management are at par with industry levels. The nomination and remuneration committee continuously reviews the compensation of our CEO and senior executives to align both the short-term and long-term business objectives of the Company, and to link compensation with the achievement of measurable performance goals.

Remuneration paid to whole-time directors

Name of the director

Director Identification Number (DIN)

Title

Remuneration in fiscal 2016 (in crore)

Remuneration in fiscal 2015 (in crore)

No. of stock options / RSUs granted in fiscal 2016 (4)

% increase of remuneration in 2016 as compared to 2015 (1)

Excl. WTD

Incl. WTD

Ratio of remuneration to

Ratio of remuneration to MRE (1)

Ratio of remuneration to MRE and WTD (1)

Revenues
(fiscal 2016)
 (1)(2)

Net profit
(fiscal 2016)
 (1)(2)(10)

Dr. Vishal Sikka (4)

06897177

Chief Executive Officer and Managing Director

(5)(6) 48.73

(3) 4.56

1,24,061

751.92

935.41

935.38

0.00

0.00

U. B. Pravin Rao

06782450

Chief Operating Officer and
Whole-time Director

9.28

6.08

52.63

178.14

178.13

0.00

0.00

N. R. Narayana Murthy (7)

00040295

Chairman of the Board

0.00

NA

NA

NA

NA

NA

S. Gopalakrishnan (7)

00041656

Vice Chairman of the Board

0.00

NA

NA

NA

NA

NA

S. D. Shibulal (8)

00041461

Chief Executive Officer and Managing Director

0.00

NA

NA

NA

NA

NA

Srinath Batni (8)

00041394

Member of the Board

1.88

NA

NA

NA

NA

NA

B. G. Srinivas (9)

00517585

President and Member of the Board

4.43

NA

NA

NA

NA

NA

RSU – Restricted Stock Units; WTD – Whole-time Directors; MRE – Median remuneration of employees

The above table includes bonus, retirals and others on accrual basis (Refer to Note 2.26 of the Standalone financial statements).

(1) Based on annualized salary

(2) Rounded off to two decimals

(3) For the period June 14, 2014 to March 31, 2015 for fiscal 2015

(4) During fiscal 2016, Dr. Vishal Sikka was granted RSUs valued at US $2 million on the grant date. The RSUs will vest over a period of four years from the date of grant in the proportions specified in the award agreement (Refer to Note 2.1 of the standalone Financial Statements).

(5) Includes payment of variable pay amounting to 14 crore for the year ended March 31, 2015 to the CEO as decided by the nomination and remuneration committee in its meeting held on June 22, 2015, in line with the compensation plan approved by the shareholders

(6) Includes provision for variable pay amounting to US $4.33 million (approximately 29 crore) for the year ended March 31, 2016 to the CEO. The shareholders in the EGM dated July 30, 2014 had approved a variable pay of US $4.18 million (approximately 28 crore at current exchange rate) at a target level and also authorized the Board to alter and vary the terms of remuneration. Accordingly, the Board, based on the recommendations of the nomination and remuneration committee approved on April 15, 2016, US $4.33 million (approximately 29 crore) as variable pay for the year ended March 31, 2016.

(7) For the period April 1, 2014 to October 10, 2014, for fiscal 2015. Resigned effective October 10, 2014

(8) For the period April 1, 2014 to July 31, 2014, for fiscal 2015. Resigned effective July 31, 2014

(9) For the period April 1, 2014 to June 10, 2014, for fiscal 2015. Resigned effective June 10, 2014

(10) Before exceptional item

Remuneration paid to independent directors

Name of the director

Director Identification Number (DIN)

Remuneration in fiscal 2016 (in crore)

Remuneration in fiscal 2015 (in crore)

Number of stock options / RSUs granted in fiscal 2016

% increase of remuneration (2016 over 2015) (8)

K. V. Kamath (1)

00043501

0.39

1.97

9.64

Prof. Jeffrey S. Lehman

00092981

1.33

1.20

10.83

R. Seshasayee

00047985

1.84

1.03

78.64

Ravi Venkatesan

00621398

1.04

0.84

23.81

Kiran Mazumdar-Shaw

00347229

0.87

0.76

14.47

Carol M. Browner (2)(3)

06858688

0.68

0.85

14.13

Prof. John W. Etchemendy (4)

07029756

1.05

0.23

47.89

Roopa Kudva (5)

00001766

0.99

0.11

37.50

Dr. Punita Kumar-Sinha (6)

05229262

0.20

NA

Dr. Omkar Goswami (7)

00004258

0.61

NA

(1) For the period April 1, 2015 to June 5, 2015, for fiscal 2016

(2) For the period April 29, 2014 to March 31, 2015, for fiscal 2015

(3) For the period April 1, 2015 to November 23, 2015, for fiscal 2016

(4) For the period December 4, 2014 to March 31, 2015, for fiscal 2015

(5) For the period February 4, 2015 to March 31, 2015, for fiscal 2015

(6) For the period January 14, 2016 to March 31, 2016, for fiscal 2016

(7) For the period April 1, 2014 to December 31, 2014, for fiscal 2015

(8) Based on annualized commission

DINs mentioned in this section will apply to the names of the directors in all other references in this report.

Remuneration of other Key Managerial Personnel (KMP)

Name of the KMP

Title

Remuneration in fiscal 2016

(in crore)

Remuneration in fiscal 2015

(in crore)

No. of stock options / RSUs granted in fiscal 2016

% increase of remuneration in 2016 as compared to 2015 (4)

Excl. WTD

Incl. WTD

Ratio of remuneration to

Ratio of remuneration to MRE (4)

Ratio of remuneration to MRE and WTD (4)

Revenues
(fiscal 2016)(4)(5)

Net profit
(fiscal 2016)
 (4)(5)(7)

M. D. Ranganath (1)

Chief Financial Officer

3.61

NA

NA

148.38

148.38

0.00

0.00

Rajiv Bansal (2)

Chief Financial Officer

23.02

4.72

493.43

537.68

537.66

0.00

0.00

A. G. S. Manikantha (3)

Company Secretary

0.37

NA

NA

9.21

9.21

0.00

0.00

Parvatheesam K. (6)

Chief Risk and Compliance Officer and Company Secretary

0.98

NA

NA

NA

NA

NA

The above table includes bonus, retirals and others on accrual basis (Refer to Note 2.26 of the Standalone financial statements)

(1) For the period October 12, 2015 to March 31, 2016, for fiscal 2016

(2) For the period April 1, 2015 to October 12, 2015, for fiscal 2016

(3) For the period June 22, 2015 to March 31, 2016, for fiscal 2016

(4) Based on annualized salary

(5) Rounded off to two decimals

(6) For the period April 1, 2014 to January 10, 2015, for fiscal 2015

(7) Before exceptional item

The Median Remuneration of Employees (MRE), excluding Whole-time Directors (WTDs), was 5,20,946 and 4,89,468 in fiscal 2016 and fiscal 2015 respectively. The increase in MRE (excluding WTDs) in fiscal 2016, as compared to fiscal 2015 is 6.4%.

The Median Remuneration of Employees (MRE), including Whole-time Directors (WTDs), was 5,20,964 and 4,89,470 in fiscal 2016 and fiscal 2015 respectively. The increase in MRE (including WTDs) in fiscal 2016, as compared to fiscal 2015 is 6.4%.

The number of permanent employees on the rolls of the Company as of March 31, 2016 and March 31, 2015 was 1,48,877 and 1,39,148 respectively.

The revenue growth during fiscal 2016 over fiscal 2015 was 14.1% and net profit (before exceptional item) growth was 8.5%. The aggregate remuneration of employees (excluding WTD) grew by 14.4% over the previous fiscal. The aggregate decrease in salary for WTDs and other KMPs as a group was 11.5% in fiscal 2016 over fiscal 2015. This was due to a decrease in the number of WTDs in fiscal 2016 as compared to fiscal 2015.

Our market capitalization increased by 9.8% to 2,79,837 crore as of March 31, 2016 from 2,54,771 crore as of March 31, 2015. The Price Earnings Ratio was 20.4 as of March 31, 2016 which was a decrease of 0.5%, as compared to March 31, 2015. The closing price of the Company’s equity shares on the NSE and BSE as of March 31, 2016 was 1,218.30 and 1,217.95 respectively, representing a 6,56,600% (NSE) increase over the IPO price, adjusted for stock splits and bonuses to date.

The Company’s variable compensation philosophy for its managerial personnel is to ensure it is competitive in the global markets in which it operates, for attracting and retaining the best talent. In future, the nomination and remuneration committee plans to use a combination of stock options, restricted stock units and performance-based stock to align senior employee compensation with shareholder value.

Component of remuneration to directors and other KMPs

Fixed salary

Bonus and other compensation

Commission

Total

As a percentage of revenues for fiscal 2016

0.02

0.13

0.02

0.17

As a percentage of net profit (before exceptional item) for fiscal 2016

0.10

0.56

0.07

0.73

During fiscal 2016, no employee received remuneration in excess of the highest-paid director.

b) Information as per Rule 5(2) of Chapter XIII, the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

Employee name

Designation

Educational qualification

Age

Experience (in years)

Date of joining

Gross remuneration paid ()

Previous employment and designation

Abhijit Sen

AVP and Senior Delivery Manager, ADM

BE

48

27

Jan 14, 2002

95,60,155

Visa International, Department Head

Abhishek Goyal

AVP and Delivery Head, EAS

B.Tech, PGD

42

19

Sep 11, 2000

81,48,780

Asian Paints (I) Limited, Area Manager

Ajayan Pillai

AVP and Senior Delivery Manager, ADM

B.Sc, MCA

45

22

Apr 2, 2001

60,78,043

IT Solutions (India) Private Limited, Accounts Manager

Alok Maheshwari

Senior Delivery Manager, ADM

BE

44

22

Jan 5, 1998

61,09,815

ITI Ltd., Manager

Alok Uniyal

AVP and Industry Principal, QLTY

B.Tech, MBA

47

22

Aug 2, 2004

75,14,953

Mphasis BFL Limited, Senior Consultant

Amer Singh Thakur

Senior Principal – Business Consulting, IND

B.Sc, AIME, MBA

55

36

Oct 1, 2011

62,66,987

IC India, Senior Principal – Business Consulting

Amit Sahakundu

AVP and Practice Manager – IT Services, CCD

BE, M.Tech

52

31

Feb 24, 1999

62,85,290

Air India, Deputy Manager

Anand J. Raghavan

VP and Senior Delivery Manager, IS

BE

44

22

Nov 27, 1995

94,17,599

Wipro Infotech, Customer Support Engineer

Ananth Chandramouli

AVP and Group Engagement Manager, IND

BE, EPGD, M.Tech

43

20

Aug 26, 1996

73,43,743

Carborundum Universal, Trainee

Anil Kumar P. N.

AVP and Senior Delivery Manager, ADM

B.Tech, ME

44

21

Aug 5, 1996

69,23,132

Bajaj Auto Ltd., Engineer

Anoop Kumar

AVP and Head – Business Excellence, QLTY

BE, PGD

45

24

May 3, 2000

75,42,372

Tata Steel, Deputy Manager

Arun Kumar H. R.

VP and Head – Business Strategy, Planning and Operations, ADM

BE

43

21

Nov 7, 1994

1,10,53,103

Aruna Chittaranjan Newton

AVP and Head – Diversity and Inclusion, FAC

B.Com, MBA

49

26

Jan 3, 2000

70,14,222

Wipro Infotech, Manager – Training

Arunkumar Ranganathan

AVP and Senior Industry Principal, ADM

BE, MS, Ph.D

44

23

Apr 1, 2015

62,79,366

Wipro Technologies Limited, General Manager

Ashok Bhaskar Hegde

AVP and Delivery Head, ADM

B.A., M.A., MBA, Ph.D

48

21

Jan 2, 2012

83,43,881

Wipro Technologies Limited, Head – FS Business Analyst and Investment Banking

Atul Soneja

VP and Delivery Head, ADM

B.Tech (H)

43

21

Mar 15, 2010

1,08,61,701

TCS Limited, Senior Consultant

Balaji Sampath

AVP and Segment Head – Marketing, MKTG

BE, MBA

45

22

Dec 23, 2004

84,97,532

Microsoft Corporation Private Limited, Business Manager

Balakrishna D. R.

VP and Service Offering Head, ADM

BE

44

22

Feb 7, 1994

1,29,86,184

HCL – HP, Customer Engineer – Trainee

Balakrishnan Mayilarangam Sundararajan

AVP and Group Leader – Unit Strategy, Planning and Operations, ADM

B.Sc, M.Sc

50

29

Oct 12, 2000

61,61,045

DSQ Software Limited, Assistant Consultant

Bhaskar Kakuturu

VP and Head – Unit Strategy, Planning and Operations, MRCL

B.Tech, PGD

44

23

Dec 13, 1996

92,10,558

Hindustan Cables Limited, Engineer

Binod Rangadore Hampapur

EVP and Head – Talent Fulfilment, TAFF

BE

53

30

Jul 1, 2013

4,02,90,603

Infosys Limited, SVP – Corporate Relations

Chandra Mohan Nandakumar

AVP and Senior Delivery Manager, ADM

BE

41

21

Mar 8, 2001

72,40,282

IIS Infotech Limited, Assistant Consultant

Charles Henry Hawkes

SVP and Head – FAC

B.Sc, PGCBM

56

31

Nov 15, 1996

1,39,25,837

Trans Oceanic Travel, Manager

Chetan Kumar Gupta

AVP and Senior Delivery Manager, ENG

BE

44

22

Mar 13, 1995

74,33,713

ITI Limited, Assistant Executive Engineer

Dass Gunalan

AVP and Regional Head – FAC

Diploma, Graduate in Material Management

53

32

Mar 12, 1999

73,37,635

Enercon System Private Limited, Manager Operations

Debashish Kumar Ganguly

AVP and Head – Unit Talent, TAFF

B.Tech (H), PGDBM

52

30

Dec 3, 2012

87,10,582

Polaris Financial Technology Limited, SVP and Head

Deepak Gupta

AVP and Senior Delivery Manager, ADM

B.Tech

43

20

Aug 26, 1996

74,59,719

Deepak P. N.

AVP and Principal Technology Architect, ADM

BE

48

26

Dec 18, 1995

69,76,197

Nuclear Power Corporation, Officer

Deepak Padaki

SVP and Group Head – Corporate Strategy and Chief Risk Officer, CORPSTGY

BE

45

24

Aug 10, 1992

1,64,47,476

Dheeshjith V. G.

SVP and Chief Information Officer, IS

B.Sc, ME

52

29

Sep 14, 1987

2,80,84,139

Dinesh R.

SVP and Head – Global Services, EAS

BE

47

26

Oct 1, 1990

2,33,60,683

Dipayan Mitra

Partner – Business Consulting, IGC

B.Tech

47

25

Nov 1, 2011

78,22,372

IC India, Senior Principal – Business Consulting

Ganapathy Subramanian

VP and Solutions Head – Platforms, PLATFORM

MS

39

18

Sep 22, 2014

71,47,122

SAP, Global VP

Ganesan Arunachalam Kaushik

AVP and Head – Reuse and Tools, QLTY

BE (H), ME

57

34

Jul 1, 2005

75,07,205

Karna Softek India Private Limited, Project Director and CTO India

Gargi Ray

AVP and Head – Revenue Assurance Group, FIN

B.Com (H), CA

36

14

Dec 14, 2006

74,48,440

ITC Ltd., Finance Manager

Gautam Khanna

AVP and General Manager – IP Deployment and Commercialization, ADM

B.Tech, PGDM

42

19

Jun 8, 1998

75,48,471

Reliance India Limited, Graduate Engineer Trainee

Gautam Shekar

AVP and Group Engagement Manager, ECS

MS, MBA

42

20

Sep 16, 2002

95,51,354

Booz Allen & Hamilton, Associate

Geetha G.

AVP and Senior Delivery Manager, ENG

BE

50

29

Dec 1, 1995

81,48,862

ITI Limited, Senior Engineer

Gnanapriya C.

AVP and Principal Technology Architect, ADM

BE, MBA, ME

45

23

Jun 30, 1997

76,90,194

Mepco Schlenk Engineering College

Gopi Krishnan Radhakrishnan

VP and Principal Legal Counsel, LEGAL

B.A. LLB

39

16

Sep 11, 2014

1,21,66,508

IBM, Senior Counsel / Director

Gopikrishnan Konnanath

VP and Delivery Head, EAS

BE

45

22

Nov 7, 1994

1,27,24,977

BPL Systems & Projects Limited, Trainee Engineer

Guruprakash Pai Karkala

AVP and Practice Manager, CIS

BE

45

24

Sep 8, 1995

93,30,697

Kasturba Medical College, Biomedical Engineer

Gururaj B. Deshpande

AVP and Delivery Head, ADM

BE

44

22

May 2, 1994

97,25,134

BPL Limited, Trainee

Hanumesh V. J.

AVP and Senior Lead Principal – Education, Training and Assessment, TAFF

B.Sc, M.Sc, M.Phil

45

23

Aug 8, 1997

60,61,988

Government PU College, Lecturer

Harish Srinivas Gudi

Partner – Business Consulting, IGC

BE

43

20

Jul 8, 2010

96,06,455

Mu Sigma, SVP

Hasit G Trivedi

AVP and Practice Manager, CIS

BE

42

21

Apr 28, 1997

61,95,366

Global Tele Systems, Member – Strategic Planning

Indranil Mukherjee

VP and Service Offering Head, EAS

AMIETE

45

22

Dec 4, 1995

1,17,44,538

Chipsoft Technologies, Customer Support Engineer

Ishwar C. Halalli

VP and Delivery Head, CIS

BE, M.Tech

53

30

Jan 19, 1996

1,40,26,153

AT&T SSTL, Manager – Technical

Jayan Sen

Lead Principal – Education, Training and Assessment, TAFF

B.Sc, MS, Ph.D

43

17

Feb 28, 2011

72,24,237

BNSF Railway Company, Director Talent Management and OD

Jayesh Dhanvantkumar Sanghrajka

SVP and Deputy Chief Financial Officer, FIN

B.Com, CA, ICWA

42

18

Dec 24, 2012

1,48,95,217

Mu Sigma, VP – Finance

Jayraj Dharmojeppa Ugarkar

Lead Product Manager, GDLY

BE, MBA

44

22

Aug 22, 2005

60,72,283

SBC services inc, Technical Architect

Jitendra Sangharajka D.

VP and Senior Delivery Manager, IS

BE, DFM

48

27

Sep 1, 1999

1,03,98,326

L&T Limited, Executive – IS

John Premkumar R.

AVP and Senior Delivery Manager, ADM

BE

42

22

Dec 9, 1996

72,59,308

L&T (ECC), Electrical Engineer

Karthikeyan Neelakandan

AVP and Group Engagement Manager, IND

BE, MS

46

23

Dec 4, 2000

79,92,245

D.S.M Computech Pvt. Ltd., CEO and MD

Kavita Manoj Kulkarni

VP and Head – Human Resource Development – Units, HRD

LLB, B.Com, MPM

47

25

Sep 1, 2008

1,12,19,149

WNS, SVP – HR

Koushik R. N.

SVP and Group Head – Procurement, PURC

B.Sc

47

26

May 2, 1991

1,47,11,117

Frazer Techno Circuits Limited, Marketing Executive

Krishna Kumar C.

AVP and Practice Manager – IT Service, Support and Operations, CCD

BE

45

23

Sep 1, 1997

67,34,094

Vectra Systems & Solutions Private Limited, Centre Manager

Krishna Markande

AVP and Principal Technology Architect, ENG

BE, ME

43

19

Nov 6, 2006

65,31,019

TCS, Associate Consultant

Krishnan Subramanian

AVP and Delivery Head, ADM

B.Tech

43

21

Jun 26, 1995

87,34,738

Krishnananda R. Shenoy

AVP and Principal Technology Architect, ENG

BE

44

22

Apr 28, 1997

66,89,867

Wipro – BT, Engineer

Lakshmi Narasimha Rao Gunda

AVP and Group Manager – Unit Strategy, Planning and Operations, EAS

Diploma, B.Tech, M.Tech

46

21

Feb 13, 1995

67,25,266

Mahesh Kamath P.

AVP and Senior Delivery Manager, ADM

BE

47

25

May 8, 1995

89,01,547

Aptech Computer Education, Teaching

Manas Kumar Sarkar

AVP and Principal Technology Architect, EAS

B.Tech (H)

42

20

Jun 24, 1996

68,91,136

Manesh Sadasivan

AVP and Principal Technology Architect, DX

B.Tech

39

18

Oct 13, 1997

72,18,004

Manish Kumar Mehta

AVP and Senior Delivery Manager, ADM

B.Tech

43

22

Jun 27, 1994

71,89,702

Manohar Madgula Atreya

VP and Delivery Head, CIS

B.Tech, PGPM

44

22

Apr 7, 2011

1,15,44,713

Armstrong Capital, Director

Meenakshi Sundaram Ganapathy Subramanian

AVP and Delivery Head, DNA

MS, PGDM

44

18

Mar 9, 2015

62,12,484

Omnition Analytics, Director

Mohammed Rafee Tarafdar

AVP and Unit Technology Officer, GDLY

BE

41

19

Jul 12, 2004

95,05,321

Virtusa, Associate Technical Architect

Mohammed Sayeeduddin

AVP and Senior Delivery Manager, ADM

BE, MBA

48

27

Dec 4, 1995

61,54,128

ITI Limited, Assistant

Mohan Babu Vinayagavelayutham

AVP and Industry Principal, ADM

B.Sc, MBA

42

23

Oct 15, 2012

85,57,979

CTS, Director (Consulting) – Insurance

Mohit Saxena

AVP and Senior Delivery Manager, ADM

B.Tech

41

21

Jun 26, 1995

83,46,571

Murali Vasudevan

AVP and Practice Manager, GDLY

MMS

48

27

Apr 1, 2003

87,39,952

Differentiated Software Solutions Private Limited, Director

Muthuvel Gajapathi

VP and Delivery Head, DNA

B.Sc, MCA

47

25

Aug 27, 1992

1,43,29,097

PSI Bull (I) Limited, Systems Executive

Nabarun Roy

VP and Group Head – Quality, QLTY

B.Tech

44

22

Aug 29, 1994

1,24,56,511

Nagaraj Prabhakar Kollegal

AVP and Regional Head – Infrastructure, FAC

B.Arch

47

23

Feb 23, 2004

68,81,375

Sundaram Architects Pvt. Ltd., Senior Architect

Nandakumar Thiruvengadam

Senior Delivery Manager, IVSU

B.Com, ICWA, ACS

52

30

Feb 27, 2012

61,64,709

Scope International, Senior VP

Nandini S.

VP and Group Head – Organization Development, HRD

BE (H), M.Sc (H), Fellow

42

16

Jun 1, 2009

1,03,28,895

IBPO, Group Manager

Nanjappa Bottolanda Somanna

AVP and Head – Employee Relations, HRD

B.Com, MBA

37

14

Mar 24, 2003

75,27,454

Infosys Technologies Ltd., Consultant

Narahari Govindaraju

AVP and Senior Delivery Manager, ADM

BE, ME

44

21

Dec 11, 2000

72,67,585

TCS Limted, ITA

Narasimhamoorthy P.

AVP and Senior Delivery Manager, IND

B.Sc, M.Sc, M.Tech

43

20

Feb 26, 1996

67,74,169

Narendra Murari Sonawane

AVP and Senior Delivery Manager, IS

BE, PGDM

50

28

Apr 25, 1997

75,58,649

MSEB, General Engineering

Naresh Balaram Choudhary

AVP and Head – Reuse and Tools, QLTY

BE

40

19

Jun 5, 2000

65,47,632

The Arvind Mills Limited, Manufacturing Manager

Naresh Nath Kumar Duddu

AVP and Senior Delivery Manager, IS

B.Tech

43

22

Jun 27, 1994

78,07,321

Narsimha Rao Mannepalli

SVP and Service Offering Head, IVSU

BE, PGDBM

48

26

Jan 29, 2001

2,05,89,582

Ramco Systems, Project Director – e-Commerce Solutions

Naveen Kumar L.

AVP and Practice Manager, DNA

BE, M.Tech

43

19

Apr 28, 1997

67,43,296

Niranjan V. S.

AVP and Delivery Head, IVSU

Diploma, BE

45

23

Feb 13, 1995

83,74,857

Siemens Limited, Executive

Nishit Ajit Shah

AVP and Unit Financial Controller, FIN

B.Com, CA

43

18

Apr 22, 2013

66,94,080

Capgemini India Private Limited, Senior Manager

Nithyanand Yeswanth

AVP and Senior Delivery Manager, TAFF

BE

47

27

Feb 5, 1996

82,29,419

L&T Limited, Executive

Piyush Jain

AVP and Senior Delivery Manager, ENG

BE

44

23

Jun 10, 1996

60,77,922

Square D S/W Limited, Developer

Pradeep Thazhichayil Yesodharan

Senior Principal – Business Consulting, IND

BE

44

22

Oct 1, 2011

61,05,093

IC India, Senior Principal – Business Consulting

Prakash Jayaram

AVP and Senior Principal – Business Consulting, IND

BE, M.Sc

46

23

Oct 1, 2011

1,01,49,911

IC India, Senior Principal – Business Consulting

Pramod Prakash Panda

VP and Head – Education, Training and Assessment, TAFF

B.Tech

42

20

Feb 9, 2004

96,27,612

Accenture Services Private Limited, Associate Manager

Prasad Balakrishna Honnavalli

AVP and Program Manager, CIS

BE, MBA

50

26

Aug 20, 2007

65,26,980

Sword Global India Pvt. Ltd., Technical Director

Prateek Sinha

Senior Principal – Business Consulting, IGC

BE, MBA

44

20

Oct 1, 2011

60,67,817

ICI, Associate Partner – Business Consulting

Pravin Rao U. B.

Director and Chief Operating Officer, CORP

BE

54

31

Aug 4, 1986

7,53,68,705

IISC, Trainee

Pravin Vyanktesh Kulkarni

VP and Delivery Head, EAS

BE, MBA

45

24

Jan 4, 2007

1,00,73,863

Wipro Technologies Limited, General Manager

Purushotham Bhandarkar

AVP and Senior Delivery Manager, ADM

BE

46

24

Feb 13, 1995

74,61,907

Kirloskar Electricals, Engineer

Purushotham K.

AVP and Practice Manager – IT Services, CCD

B.Sc, PGD

51

24

Mar 19, 1994

71,91,808

Indian Computer Academy, Computer Centre Coordinator

Radhakrishna Huthinagadde Subbaiah

AVP and Practice Manager, CIS

BE

48

24

Sep 29, 2008

81,85,955

Bahwan I. T., Senior Manager

Radhakrishna S.

AVP and Practice Manager – IT Service, Support and Operations, CCD

BE

45

22

Jul 12, 1999

69,13,594

Microtech Software & Consultants Limited, Regional Manager

Raghavan S.

AVP and Principal Technology Architect, IS

BE

43

21

Nov 7, 1994

82,35,447

Complete Business Solution, Trainee

Raghu Boddupally

AVP and Practice Manager, EAS

BE, MS

41

21

Jan 20, 2003

75,56,080

Trivium India, Team Leader

Raghupathi N. Cavale

SVP and Head – Strategic Business Practice, IND

BE, MS

54

31

Dec 13, 1999

1,39,56,711

PricewaterhouseCoopers Limited, Principal Consultant

Raghuveer B. K.

AVP and Product Line Manager, CORP

BE

48

26

Apr 16, 1992

80,34,140

Ashok Leyland Limited, Production Engineer

Rajeev Ranjan

VP and Service Offering Head, ADM

B.Tech, MBA

43

20

Aug 16, 1999

1,28,17,650

Nexgen Information Solutions, Associate Consultant

Rajesh Kharidehal

AVP and Unit Financial Controller, FIN

B.Com, CA

45

17

Oct 24, 2013

92,59,662

IBM India Private Limited, Head Finance

Rajesh Subbarao

Senior Principal – Business Consulting, IGC

PGD, M.Sc

44

21

Oct 1, 2011

72,46,224

IC India, Senior Principal – Business Consulting

Rajesh Thampy

AVP and Head – Communication Design, CDG

B.Sc

43

22

Apr 22, 1996

76,37,743

ENIGMA, Developer

Rajkumar R.

AVP and Practice Manager – IT Services, CCD

BE

41

20

Jul 20, 1998

83,94,391

Crompton Greaves Limited, Network Engineer

Rajneesh Malviya

AVP and Delivery Head, IVSU

B.Tech

45

22

Jun 27, 1994

1,02,99,547

Rajnish Sharma

AVP and Senior Delivery Manager, IVSU

B.Tech

44

23

Oct 8, 2001

84,84,760

Poorva Consultants, PM

Ramadas Kamath U.

EVP and Head – Administration, Facilities, Infrastructure and Security, FAC

BBM, FCA

55

31

Jul 1, 1994

4,00,90,429

Manipal Printers and Publishers Limited, Accountant

Ramakrishna B.

AVP and Delivery Head, CIS

BE, M.Tech

51

27

Mar 19, 1999

1,03,05,601

DSQ Software Limited, Associate Consultant

Ramakrishnan Krishnan

AVP and Practice Manager, DNA

B.Sc

40

20

May 15, 2006

67,50,120

Xansa India Limited, Senior Solutions Architect

Ramakrishnan M.

VP and Head – Business Excellence, QLTY

B.Sc, CAIIB

59

38

Sep 4, 1996

1,12,85,262

Canara Bank, Officer

Ramesh Adiga

AVP and Delivery Head, DX

BE, M.Tech

47

25

Mar 5, 1996

93,89,404

INSAT, MCF (ISRO), Engineer

Ramesh Amancharla

AVP and Senior Delivery Manager, TAFF

B.Tech

42

20

Oct 14, 1996

77,45,324

SAIL, Management Trainee

Ramesh Babu S.

AVP and Lead Principal – Education, Training and Assessment, TAFF

BE, M.Tech, Ph.D

47

20

Jul 23, 1997

85,03,644

TCS Limited, Trainee

Ramkumar Krishnamurthy Dargha

AVP and Principal Technology Architect, CIS

BE, M.Tech, PGD

45

20

Nov 12, 2007

61,69,728

Wipro Technologies Limited, Technical Manager

Ratnavelswamy Shanmughom Rethinasamy

AVP and Unit Financial Controller, FIN

B.Com, CA, ICWA, Company Secretary

50

27

Aug 26, 2013

87,33,711

BREN Corporation, CFO

Ravi Kiran Kuchibhotla

AVP and Group Manager – Unit Strategy, Planning and Operations, GDLY

B.Sc, CA

47

24

May 3, 2010

77,68,289

Sierra Atlantic, Director – Enterprise Applications

Ravi Kumar Dikshit

AVP and Delivery Head, ADM

BE

42

20

Mar 24, 1997

87,58,778

Ashok Leyland Limited, Trainee

Ravi Kumar G. V. V.

AVP and Senior Principal – Advanced Engineering, ENG

BE(H), M.Tech, Ph.D

46

20

Jul 1, 2002

63,46,384

Aeronautical Development Agency, Scientist

Ravichandran Annadurai

AVP and Practice Manager, CIS

BE

48

26

Mar 14, 2003

71,31,805

Wipro Technologies Limited, Regional Manager – IMS

Ravikrishnan K.

AVP and Senior Delivery Manager, EAS

BE, PGD

42

19

May 4, 1998

66,41,627

TCS, System Analyst

Ravindranath P. Hirolikar

AVP and Group Manager – Information Security, ISG

BE

43

21

Nov 5, 1997

81,24,462

Global Telecom Services Limited, Network Engineer

Reddy Kesari

AVP and Practice Manager, IND

BE

43

21

Oct 1, 2011

74,41,255

Infosys Consulting, Senior Principal – Business Consulting

Renganathan V. R.

VP and Delivery Head, IND

BE

46

26

Jun 18, 1990

1,38,63,870

Richard Lobo

SVP and Head HR – Infosys Limited, HRD

BE, PGD

44

21

Dec 11, 2000

1,33,94,230

Godrej & Boyce MFG Company, Assistant Manager

Ruchika Jain

AVP and Head – Unit Strategy, Planning and Operations, ADM

B.A. (H), MS

46

23

Oct 30, 2000

77,14,719

FSD INT’L Nehru Place, Project Leader

Sachin Manohar Kamat

AVP and Senior Industry Principal, EAS

Diploma, BE, MMS, ICWA

48

27

Jun 4, 2012

60,83,655

Mahindra Satyam, AVP

Sai Kumar Shamanna

VP and Head – Human Resource Development – Units, HRD

BE, MBA

46

24

Aug 21, 2000

1,21,83,015

Denso Haryana Private Limited, Manager – Planning And Procurement

Sajit Vijayakumar

VP and Delivery Head, EAS

B.Com, ACA, AICWA

44

20

Jan 17, 2000

1,04,12,555

ICICI Securities / ICICI Infotech, AVP – Financial Control

Saju Sankaran Kutty

AVP and Practice Engagement Manager, CIS

B.Tech

42

19

Jul 28, 2003

84,22,127

Digital Global Soft, Senior Systems Engineer

Saket Singh

AVP and Practice Manager, CIS

BE

44

22

Dec 29, 1997

70,40,371

L&T Ltd., Engineer

Sandeep M. K.

AVP and Product Line Manager, GDLY

BE, ME

47

24

Feb 1, 1992

80,91,725

IIT Madras, Associate

Sandeep Mahindroo

AVP – Financial Controller and Head – Investor Relations, FIN

B.Com (H), CA

39

16

Jul 17, 2000

70,92,610

Raymond Ltd., Management Trainee – Corp Finance

Santhanakrishnan R.

AVP and Principal – Knowledge Services, PLATFORM

BE, MBA

40

18

Jul 1, 2009

61,24,047

IBPO, Senior Manager

Santosh Panpaliya

AVP and HR Business Leader, HRD

BE, PGD

42

19

Apr 3, 2000

61,56,442

TELCO, Senior Officer

Satheesha B. N.

AVP and Lead Principal – Education, Training and Assessment, TAFF

BE

44

23

May 10, 1993

95,10,249

Sathyanarayana Krishnamurthy

AVP and Industry Principal, EAS

BE, M.Tech

49

25

Apr 16, 2007

72,35,587

Enzen Global Solutions Private Limited, AVP

Satish G.

AVP and Senior Delivery Manager, ADM

BE

44

21

Feb 13, 1995

79,12,104

Satish H. C.

SVP and Service Offering Head, DNA

BE

44

22

May 2, 1994

1,86,30,052

Satish Srinivasa Kabadi

Client Solution Head, CIS

Diploma

42

23

Oct 11, 2010

62,34,899

E4E, Director

Satya Prakash Singh

AVP and Delivery Head, EAS

B.Tech

45

22

Feb 13, 1995

81,79,760

SAIL, Trainee

Saurava Mishra

AVP and Practice Manager, CIS

BE

41

20

Jan 27, 1998

83,46,680

TCS Limted, Project leader

Senthil Nathan M.

AVP and Practice Manager, DNA

B.Tech

42

22

Nov 7, 1994

81,19,323

Parks Controls & Com, Trainee

Shaji Mathew

SVP and Service Offering Head, ADM

B.Tech

45

24

Jun 22, 1992

1,82,79,431

Mukand Limited, Bombay

Shamita Chatterjee

SVP and Group Head – Compensation and Benefits and HR Compliance, HRD

B.A. (H), MBA

46

22

Dec 1, 2011

1,33,23,445

Mercer Consulting Limited,
Market Business Leader – South Asia

Sharmistha Adhya

AVP and Head – HR Compliance, HRD

B.Tech (H)

43

19

Mar 22, 2010

72,51,169

Infosys Limited, Delivery Manager

Shishank Gupta

AVP and Delivery Head, IVSU

BE

40

19

Jan 6, 1997

1,03,68,396

Shripad N. Shanbhag

AVP and Practice Manager, CIS

B.Tech

46

24

Mar 21, 1992

76,70,174

Shyam Kumar Doddavula

AVP and Principal Product Architect, PLATFORM

B.Tech, MS

40

19

Dec 17, 2001

82,19,784

Aztec Software & Tech. Services Limited, Technical Leader

Shyam Sundar V.

AVP and Practice Manager – IT Service, Support and Operations, CIS

BE

48

27

Dec 19, 1994

80,52,067

Monotype India Limited, Senior Customer Support Engineer

Siva Kumar Srinivasa Venkata Nandiwada

AVP and Delivery Head, ADM

B.Sc, PGD, M.Sc

43

18

Jan 2, 2001

84,50,417

I.T. SOLUTIONS, Project Leader

Sreekumar Sreedharan

AVP and Practice Manager, EAS

B.Tech, MBA

47

25

Jul 29, 2002

74,39,572

Satyam Computer Services Limited, Senior Consultant

Sridhara N. R.

VP and Head – Audit and Assessments, QLTY

B.Sc, M.Sc

59

32

Jan 1, 1984

80,45,183

BSNL, Technician

Srikantan Moorthy

EVP and Head – Global Services, ADM

BE

53

31

Dec 7, 2000

3,39,11,070

Inventa Corporation, General Manager

Srinivas J.

AVP and Principal Technology Architect, ADM

B.Tech

44

22

Jun 27, 1994

73,08,217

Srinivas Poosarla

VP and Head – Privacy and Data Protection

B.Tech

49

28

Sep 21, 1998

80,04,418

Tata Steel, Manager

Srinivasa Gopal Sugavanam

AVP and Practice Manager, DNA

BE, MMS

43

20

Jan 15, 2002

65,71,680

Atos origin India Pvt. Ltd., Consultant Grade IV

Srinivasan Govindan

AVP and Senior Delivery Manager, ADM

BE

48

25

Nov 12, 1998

68,94,054

ITC, Systems Administrator

Srinivasan Subramaniam

AVP and Principal Technology Architect, IND

BE

42

21

Sep 18, 2008

70,69,049

Dubai World, Enterprise Architecture

Subrata Kar

AVP and Practice Manager, EAS

B.Sc

51

29

Nov 21, 2005

82,46,711

Hexaware Technologies Limited, AVP

Suman Sasmal

VP and Service Offering Head, ADM

BE, PGDBM

52

29

Dec 12, 2001

1,58,18,774

RS Software India Limited, VP

Sumit Virmani

VP and Head – Marketing, MKTG

B.Com, MBA

41

20

May 6, 2004

1,02,10,953

Polaris Software Lab Limited, AVP Marketing

Sundar K. S.

AVP and Lead Principal – Education, Training and Assessment, TAFF

BE, M.Tech, MS

47

23

Aug 26, 1998

70,34,906

S.I.T, Teaching

Sundaresh Shankaran

AVP and Senior Delivery Manager, ENG

BE

46

25

Mar 9, 1998

78,87,319

L&T Limited, Product Engineering

Sunil Jose

AVP and Senior Delivery Manager, ENG

B.Tech

47

25

Jun 8, 1994

91,82,512

Motor Indus Software Services Private Limited, Supervisor

Sunil Kumar Dhareshwar

VP and Global Head – Taxation and Corporate Accounting, FIN

B.Com, CA

40

20

Sep 10, 2013

1,30,35,659

News Corporation (ASIA) Limited, Head Of Tax – Asia

Suraj George Jacob

AVP and Practice Manager, EAS

BE

45

23

Jan 13, 2005

73,25,198

Patni Computer Systems Limited, Senior Consultant

Suresh Kumar Meda

AVP and Senior Delivery Manager, ADM

BE, PGD

43

20

Jun 28, 2000

63,77,311

Deutsche Software India Ltd., Asst. System Analyst

Surya Prakash K.

SVP and Head – Global Services, EAS

BE

47

26

Jul 23, 1990

1,21,60,370

Suryanarayanan M. S.

AVP and Senior Delivery Manager, IVSU

B.Sc, MCA

43

20

Aug 2, 1999

70,06,649

Aviation Software Development Consultancy (I) Limited, Systems Engineer

Suryaprakash Viswanath Kareenahalli

VP and Service Offering Head, ADM

BE, PGD

50

27

Oct 15, 2007

1,26,24,792

Wipro Technologies Limited, General Manager

Sushil Kumar

AVP and Delivery Head, ADM

BE, PGD

41

21

Jun 26, 1995

70,00,448

Thirumala Arohi

AVP and Senior Delivery Manager, ADM

B.Tech

43

21

Aug 25, 1997

70,37,786

K.T.P.S, General Engineering

Thothathri Visvanathan

VP and Delivery Head, ADM

BE, PGCCA

53

30

Jul 6, 2000

1,61,50,566

CSAI, Senior Consultant

Umashankar Malapaka

AVP and Unit Client Solution Head, ECS

BE, PGD

42

19

Apr 27, 1998

61,33,504

O.M.C. Computers Limited, Developer

Varadharaj Venkataraman

AVP and Geo Lead – Talent Acquisition, TAFF

M.Sc (H), MMS

40

17

Oct 21, 2002

69,75,779

Draft worldwide India Pvt. Ltd., Account Supervisor

Varsha Bharat Verma

AVP and Delivery Partner, ADM

Diploma, B.Sc

50

30

Sep 28, 2001

60,97,355

Infosys Technologies Limited, Consultant

Vasavi Lakshmi

AVP and Head – HR Service Delivery, HRD

BCS, MBA

40

19

Nov 17, 2005

76,19,143

Ramco Systems, Pre Sales Manager

Vasudev Kamath

AVP and Unit Risk Manager, CORP

B.Tech

42

20

Feb 5, 1996

74,80,135

Vasudeva M. Nayak

SVP and Group Head – Global Mobility and Assurance, TAFF

BBM, PGDM

58

36

Aug 24, 2011

1,51,64,648

Wipro Technologies Limited, VP

Venkat Narayan S.

AVP and Principal Technology Architect, IND

BE

43

22

Jun 27, 1994

87,75,944

Venkata Seshu Gulibhi

AVP and Senior Delivery Manager, DNA

B.Sc, M.Sc, M.Tech

48

24

Feb 21, 1994

74,64,163

UB Informations & Consulting Services, Executive

Vibhuti Kumar Dubey

VP and Service Offering Head, EAS

BE, PGD

51

27

Apr 1, 2002

1,22,21,411

HCL Group, Business Development Manager

Vijay Mishra

AVP and Delivery Head, EAS

BE, PGD

43

20

Jun 8, 1998

89,94,023

The Tata Engineering & Locomotive Co. Limited, Engineer

Vijayeendra S. Purohit

VP and Practice Manager – IT Services, CCD

BE

48

26

Apr 8, 1996

91,66,957

The Printers (Mysore) Limited, Senior Executive

Vinayak Prabhakar Hegde

AVP and Delivery Head, IVSU

BE

43

23

Mar 5, 2007

86,82,298

Wipro Technologies Limited, Delivery Manager

Virendra Paliwal

AVP and Product Line Manager, PLATFORM

Diploma, BE, PGDM

46

23

Aug 28, 1997

76,24,118

Ramco, Production Incharge

Vishwanath Kalasapur Narayan

AVP and Principal Technology Architect, CIS

BE, MS

52

23

Oct 30, 2002

66,46,067

Teraburst Networks Inc., Network Architect

Visvanathan Lakshmi Narayan

AVP and Senior Delivery Manager, ADM

B.Sc, MS, MBA

49

28

Jan 13, 2005

73,50,898

Hexaware Technologies Limited, AVP

Visveswara Gupta K.

AVP and Delivery Head, DX

BE

47

24

Apr 4, 1992

1,07,59,045

Yashodhan D. Phatak

AVP and Practice Manager, EAS

BE, PGDM

46

22

Jun 8, 1998

65,83,967

K.S.B. Pumps, Officer

Notes:

The above table is based on payouts made during the year.

Employed for part of the year with an average salary above 5 lakh per month

Employee name

Designation

Educational qualification

Age

Experience (in years)

Date of joining

Gross remuneration paid ()

Previous employment and designation

Avinash Prasad

AVP and Practice Manager, CIS

B.Tech, PGDBA

43

20

Aug 3, 2015

40,39,627

Wipro Technologies Limited, General Manager

Nagaraj Nanjundaram

AVP and Practice Manager, CIS

BE, PGD

45

22

Oct 5, 2015

32,06,600

EdgeVerve, Senior Director and Product Head

Prince Thomas

AVP and Practice Manager, ENG

B.Tech

44

22

Jul 30, 2015

41,77,845

Infosys Lodestone, Associate Partner

Samson Michael David

SVP and Head – Global Services, CIS

BE

47

26

Apr 21, 2015

2,77,63,635

EdgeVerve Systems Limited, COO and Whole-time Director

Sanjay Mahesh Purohit

EVP and Global Head, IGC

BE

49

26

Apr 21, 2015

2,99,73,482

EdgeVerve Systems Limited, CEO and MD

Shankar Krishnamurthy

EVP and Group Head – HRD, HRD

B.A., PG Dip.

53

32

Oct 26, 2015

2,02,03,051

Philips India, HR Head

Venkata Ramana Reddy Gunna

VP and Head – Unit Strategy, Planning and Operations, IGC

B.Tech, MBA

47

23

Aug 31,2015

40,26,273

Mindtree Ltd., Head Talent Management

Notes:

The above table is based on payouts made during the year.

Employee name

Designation

Educational qualification

Age

Experience (in years)

Date of joining

Gross remuneration paid ()

Previous employment and designation

Abhay M. Kulkarni

VP and Service Offering Head, ADM

BE

49

26

Apr 24, 2015

21,79,727

TISCO, Graduate Trainee

Abhishek Kumar

Principal Product Architect, FINACLE

BE

35

12

Jul 31, 2015

22,42,518

SAP Labs India, Development Architect

Amit Kumar Jain

Engagement Manager, ECS

BE

38

16

May 15, 2015

13,88,528

KPIT Cummins Infosystems, Module lead

Anand Sinha

AVP and Principal Product Architect, FINACLE

B.Sc (H), PG Diploma in Software Enterprise Mgmt, MCA

41

18

Jul 31, 2015

29,94,525

SAP Labs India, Chief Dev Architect

Anindya Sircar

AVP and Principal IP Officer, LEGAL

B.Sc, M.Sc, Ph.D

46

19

Feb 17, 2016

1,17,51,758

BIOCON Limited, Global Head IPR

Anupama Nithyanand

AVP and Lead Principal – Education and Research, TAFF

BE

47

26

Apr 1, 2015

6,81,940

Wipro Technologies Limited, Manager – Training

Arun Kumar Krishnan

VP and Product Delivery Head, FINACLE

BE, M.Sc (Engg)

52

26

Jul 31, 2015

28,22,965

Welldoc software Pvt. Ltd., VP – Product Development

Ashok Virbhan Lalla

AVP and Principal – Marketing Manager, MKTG

B.A., MMM

44

21

Jun 3, 2015

14,05,745

GROUPM, Leader Digital South Asia

Babu N. S.

AVP and Product Line Manager, FINACLE

B.Sc, M.Sc

43

21

Jul 31, 2015

44,66,769

Aapson Computers, Developer

Balachandran R.

Product Line Manager, FINACLE

BE, PGD

50

24

Jul 31, 2015

21,67,590

Polari Software Lab Limited, Principal Consultant

Balashankar

VP and Head – Business Units Risk Management, CORP

BE

60

36

Nov 6, 2015

60,85,353

BEL, Manager and Dept. Head Of R&D

Deepak N. Hoshing

VP and Head – Architecture, FINACLE

B.Tech

53

30

Jul 31, 2015

64,03,441

Unisys, Senior Systems Analyst

Ganesh Gopalakrishnan

SVP and Group Head – Information Systems, IS

BE (H), PGD

53

28

Apr 15, 2015

56,24,767

Asian Paints (I) Limited, Systems Executive

Girish G. Kamat

Product Line Manager, FINACLE

BE

43

20

Jul 31, 2015

20,94,543

Guru Raja C.

Industry Principal, FINACLE

B.Sc, CAIIB, M.Sc

55

32

Jul 31, 2015

20,26,384

Canara Bank, Officer

Hemant Govind Kalgaonkar

Delivery Manager, FINACLE

BE

42

20

Jul 31, 2015

21,03,372

Satyam Computers services Limited, Asst. Consultant

Issac Mathew

Principal – Knowledge Services, DNA

B.Tech, MBA

42

16

May 15, 2015

8,03,836

Ashley marketelligent Private Limited., EVP, Head of Client Services

Jasdeep Singh Kaler

AVP and Principal Product Architect, FINACLE

BE

40

19

Jul 31, 2015

28,20,543

Mahesh Dutt Kolar

AVP and Regional Manager – Finacle Sales, FINACLE

BE, PGD

46

21

Jul 31, 2015

49,17,179

Wipro Fluid Power, Executive

Mahesh R.

Senior Delivery Manager, FINACLE

B.Sc, M.Sc, PGD

51

32

Jul 31, 2015

20,24,700

Canara Bank, Manager

Mahesh Venkataraman

AVP and Delivery Head, IVSU

B.Tech

49

27

Aug 14, 2015

34,22,633

Wipro Technologies Limited, General Manager

Mala Chandrasekhar

SVP and Group Head – Business Finance, FIN

B.Com, ACA

43

17

Oct 12, 2015

71,50,409

Ford India Limited, Financial Analyst

Manish Narayan Savaji

Lead Consultant, FINACLE

B.Sc Tech,B.Sc

47

22

Jul 31, 2015

21,61,976

Accenture, Senior Manager

Manisha Banthia

Principal – Knowledge Services, DNA

B.Sc, MBA

45

20

Jun 5, 2015

11,34,421

IBPO, PR – Group Manager

Mohan Kumar K. L.

AVP and Senior Delivery Manager, FINACLE

B.Sc, CAIIB

49

28

Jul 31, 2015

35,03,617

Vijaya Bank, Assistant Manager

Naresh Kumar K.

AVP and Product Line Manager, FINACLE

BE

47

25

Jul 31, 2015

40,25,700

Nishikant Nigam

VP and Delivery Head, CIS

B.Tech

42

20

Apr 2, 2015

15,65,151

Pandiya Kumar Rajamony

AVP and Practice Manager, CIS

BE

44

21

Oct 22, 2015

55,48,959

ANZ Information Technology, Associate PM

Prasad C.

AVP and Lead Product Manager, FINACLE

BE

43

21

Jul 31, 2015

38,24,995

Grasim Industries, Trainee

Praveen Gulabrani

Industry Principal, ADM

B.Tech, ME

44

21

Apr 23, 2015

8,27,464

Sapient Corpn, Sr. Software Engineer

Rahul Goyal

Delivery Manager, ADM

BE

41

18

Apr 29, 2015

5,79,154

Rahul Shah

AVP and Industry Principal, EAS

B.Tech, PGD

45

21

Oct 30, 2015

51,67,733

IBPO, PR – AVP – OPERATIONS

Rajasekaran K. S.

Industry Principal, FINACLE

B.Sc, PGD, M.Sc

57

32

Jul 31, 2015

21,49,364

Rajashekara V. Maiya

AVP and Principal – Product Strategy, FINACLE

B.Com, M.Com, CA

43

20

Jul 31, 2015

47,18,706

Vishnu Bharat & Company, Auditor

Rajendra Awasthi

Senior Delivery Manager, FINACLE

Advanced Diploma, BE (H), PGD

50

24

Jul 31, 2015

23,18,202

Temenos USA Inc, Project Director

Rajesh Shankaran

Delivery Manager, FINACLE

BCS, MBA

43

21

Jul 31, 2015

20,29,991

Logicacmg India, Head Direct Sales

Rajiv Bansal

EVP and Chief Financial Officer, FIN

B.Com (H), CA, ICWAI

43

21

Dec 31, 2015

10,05,73,319

Tata Technologies (I) Limited, Finance Manager

Raktim Singh

Product Line Manager, FINACLE

B.Tech

42

20

Jul 31, 2015

21,11,408

Rama Mohan Venkata Kadayinti

VP and Head – Business Excellence, QLTY

BE, M.Tech

46

22

Sep 7, 2015

67,14,869

IBPO, AVP – Quality

Ramakrishnan K. R.

Product Line Manager, FINACLE

B.Com, ACS, CAIIB

52

32

Jul 31, 2015

22,52,365

Canara Bank, Officer

Ramchandran V.

Engagement Manager, FINACLE

BCS, MBA

42

17

Jul 31, 2015

21,14,258

Oracle financial services software Ltd., Consulting practice Director

Roshan Kumar Subudhi

AVP and Delivery Head, EAS

B.Tech, PGD

44

19

Oct 9, 2015

55,53,147

Sierra Atlantic Software Services Limited,
VP – Enterprise Applications

Sanjay Jalona

EVP and Segment Head, MFG

M.Sc

47

25

Aug 7, 2015

2,05,36,459

Gemplus India Private Limited, Director

Savio D’Souza

VP and General Manager – IP Deployment and Commercialization, DNA

B.Sc, MCA

46

23

Aug 31, 2015

27,18,264

Sheenam Ohrie

VP and Delivery Head, FINACLE

BE

45

23

Jul 31, 2015

39,48,172

SAP Labs India, VP

Siddarth Arvind Shah

Engagement Manager, MFG

B.Com, PGD

37

14

May 19, 2015

10,49,112

E&Y, Asst. Manager – Markets

Siva Subramaniam G. V.

Product Line Manager, FINACLE

B.Com

40

20

Jul 31, 2015

22,41,893

ICICI Bank Home Finance Co.Ltd., Head – All India Branch Operations

Srinivas Padmanabhuni

AVP and Principal Research Scientist, CORPTECH

B.Tech, M.Tech, Ph.D

46

17

Oct 26, 2015

40,49,184

Firewhite Inc., Software Architect

Srinivasan Ayyamoni

Lead Consultant, EAS

B.Com, ACA

41

18

Apr 30, 2015

5,04,489

Scope international (p) Ltd. Standard Chartered Bank, Level 4 Business Analyst

Sudir Babu N. P.

AVP and Senior Delivery Manager, FINACLE

B.Sc, PGD

49

28

Jul 31, 2015

24,19,485

First computer, Corporate Manager – Operations

Suhas Bhaurao Patil

Business Development Manager, FINACLE

Diploma, BCS, MMSc.

46

25

Jul 31, 2015

24,65,132

Aurion pro solutions Limited, VP – Sales

Sukanya Ghosh

AVP and Principal – Marketing Manager, MKTG

B.A. (H)

46

23

Dec 1, 2015

42,73,591

HSBC Electronic Data Processing India Limited, SVP

Sunil Kumar Gupta

VP and Service Offering Head, FINACLE

BE

51

18

Jul 31, 2015

97,03,213

Logica, Chief Operating Officer

Sunil Kumar Mishra

Industry Principal, FINACLE

B.Tech, PGDBM

41

18

Jul 31, 2015

29,92,161

Accenture Services Private Limited, Senior Manager

Uday Kiran Kotla

AVP and Principal Technology Architect, DIS

BE, MS

41

19

Apr 21, 2015

15,71,623

Thought-matrix, Managing Architect

Venkata Subrahmanyam Chivukula

Principal Technology Architect, FINACLE

B.Tech

41

19

Jul 31, 2015

20,11,339

Prism Informatics, Software Engineer

Venkataramanan T. S.

VP and Product Delivery Head, FINACLE

BE

51

29

Jul 31, 2015

63,84,105

TELCO Limited, Senior Systems Officer

Venkatesh S. G.

AVP and Delivery Head, FINACLE

BE, MBA

46

23

Jul 31, 2015

34,16,041

Infosys, delivery Manager

Venkatesh Vaidyanathan

VP and Product Delivery Head, FINACLE

B.Sc, MCA

48

24

Jul 31, 2015

39,15,949

SAP Labs India, Vice President

Venkatramana Gosavi

VP and Regional Head, FINACLE

BE, MBA

51

26

Jul 31, 2015

72,31,994

Ramco Systems, Country Manager – India and Middle East

Vinay C. S.

AVP and Associate Regional Manager – Finacle Sales, FINACLE

BE

47

23

Jul 31, 2015

26,61,297

ARK Technologies, Manager

Vishnu G. Bhat

SVP and Unit Head, CIS

BE

47

23

Apr 10, 2015

28,85,619

R.V. College Of Engineering, Lecturer

Notes:

The above table is based on payouts made during the year.

for and on behalf of the Board of Directors

Bangalore
April 15, 2016

R. Seshasayee

Chairman

Dr. Vishal Sikka

Chief Executive Officer and
Managing Director

Legend

Designations at Infosys

AVP

Associate Vice President

EVP

Executive Vice President

SVP

Senior Vice President

VP

Vice President

Units at Infosys

ADM

Application Development and Maintenance

CCD

Computers and Communication Division

CDG

Communication Design Group

CIS

Cloud and Infrastructure Services

CORP

Corporate

CORPSTGY

Corporate Strategy

CORPTECH

Corporate Technology

DIS

Digital and Integration Services

DNA

Data and Analytics

DX

Digital Experience

EAS

Enterprise Application Package Services

ECS

Energy & utilities, Communications and Services

ENG

Engineering Services

FAC

Facilities

FIN

Finance

FINACLE

Finacle

GDLY

Global Delivery

HRD

Human Resource Department

IGC

Infosys Consulting

IND

India Business Unit

IS

Information Systems

ISG

Information Security Group

IVSU

Independent Validation Solutions

LEGAL

Legal

MFG

Manufacturing

MKTG

Marketing

MRCL

Manufacturing, Retail, Consumer packaged goods and Logistics

PLATFORM

Platforms

PURC

Purchase

QLTY

Quality

TAFF

Talent Fulfilment


Annexure 4 – Auditors’ certificate on corporate governance

To

The Members of Infosys Limited

We have examined the compliance of conditions of Corporate Governance by Infosys Limited (‘the Company’), for the year ended 31 March 2016, as stipulated in Clause 49 of the Listing Agreement (‘Listing Agreement’) of the Company with the stock exchanges for the period 1 April 2015 to 30 November 2015 and as per the relevant provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) as referred to in Regulation 15(2) of the Listing Regulations for the period 1 December 2015 to 31 March 2016.

The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was limited to procedures and implementation thereof, adopted by the Company for ensuring the compliance of the conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Company.

In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in the above-mentioned Listing Agreement / Listing Regulations, as applicable.

We further state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the Management has conducted the affairs of the Company.

for B S R & Co. LLP

Chartered Accountants

Firm's registration number: 101248W/W-100022

Bangalore

15 April, 2016

Supreet Sachdev

Partner

Membership number 205385


Annexure 5 – Secretarial audit report for the financial year ended March 31, 2016

(Pursuant to section 204 (1) of Companies Act 2013 and Rule No. 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014)

To,

The Members, Infosys Limited, Bangalore

I have conducted the secretarial audit of the compliance of applicable statutory provisions and the adherence to good corporate practices by INFOSYS LIMITED (hereinafter called the Company). Secretarial Audit was conducted in a manner that provided me a reasonable basis for evaluating the corporate conducts / statutory compliances and expressing my opinion thereon.

Based on my verification of the Company’s books, papers, minute books, forms and returns filed and other records maintained by the Company and also the information provided by the Company, its officers, agents and authorized representatives during the conduct of secretarial audit, I hereby report that in my opinion, the Company has, during the audit period covering the financial year ended on March 31, 2016 complied with the statutory provisions listed hereunder and also that the Company has proper Board-processes and compliance-mechanism in place to the extent, in the manner and subject to the reporting made hereinafter:

I have examined the books, papers, minute books, forms and returns filed and other records maintained by the Company for the financial year ended on March 31, 2016 and made available to me, according to the provisions of:

i.

The Companies Act, 2013 (the Act) and the rules made thereunder;

ii.

The Securities Contracts (Regulation) Act, 1956 (‘SCRA’) and the rules made thereunder;

iii.

The Depositories Act, 1996 and the regulations and Bye-laws framed thereunder;

iv.

Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment and Overseas Direct Investment;

v.

The following regulations and guidelines prescribed under the Securities and Exchange Board of India Act, 1992 (‘SEBI Act’):

a)

The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;

b)

The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992;

c)

The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

d)

The Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999; and

e)

The Securities and Exchange Board of India (Registrars to Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client.

vi.

Other laws applicable specifically to the Company, namely:

a)

Information Technology Act, 2000 and the rules made thereunder;

b)

Special Economic Zones Act, 2005 and the rules made thereunder;

c)

Software Technology Parks of India rules and regulations;

d)

The Indian Copy Rights Act, 1957;

e)

The Patents Act, 1970; and

f)

The Trade Marks Act, 1999.

I have also examined compliance with the applicable clauses of the following: (i) Secretarial Standards issued by The Institute of Company Secretaries of India, (ii) The Listing Agreements entered into by the Company with Stock Exchanges in India.

I report that, during the year under review, the Company has complied with the provisions of the Acts, rules, regulations and guidelines mentioned above.

I further report that, there were no events / actions in pursuance of:

a)

The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008;

b)

The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009; and

c)

The Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998, requiring compliance thereof by the Company during the financial year.

I further report that, based on the information provided and the representation made by the Company and also on the review of the compliance reports of Company Secretary / Chief Executive Officer taken on record by the Board of Directors of the Company, in my opinion, adequate systems and processes exist in the Company to monitor and ensure compliance with provisions of applicable general laws like labour laws and environmental laws.

I further report that, the compliance by the Company of applicable financial laws like direct and indirect tax laws and maintenance of financial records and books of accounts has not been reviewed in this Audit since the same have been subject to review by statutory financial audit and other designated professionals.

I further report that, the Board of Directors of the Company is duly constituted with proper balance of Executive Directors, Non-Executive Directors and Independent Directors. The changes in the composition of the Board of Directors that took place during the period under review were carried out in compliance with the provisions of the Act.

Adequate notice is given to all directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least seven days in advance to all Directors, and a system exists for seeking and obtaining further information and clarifications on the agenda items before the meeting and for meaningful participation at the meeting.

As per the minutes of the meetings duly recorded and signed by the Chairman the decisions of the Board were unanimous and no dissenting views have been recorded.

I further report that, there are adequate systems and processes in the Company commensurate with the size and operations of the Company to monitor and ensure compliance with applicable laws, rules, regulations and guidelines.

I report further that, during the audit period, except Issue of Bonus Equity Shares, there were no other specific events / actions in pursuance of the above referred laws, rules, regulations, guidelines, etc., having a major bearing on the Company’s affairs.

Bangalore

April 15, 2016

FCS:1325 / C.P.No: 640

P. G. Hegde

Hegde & Hegde

Company Secretaries


Annexure 6 – Extract of Annual Return

Form No. MGT-9

[Pursuant to Section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and Administration) Rules, 2014]

Registration and other details

Corporate Identity Number (CIN) of the company

L

8

5

1

1

0

K

A

1

9

8

1

P

L

C

0

1

3

1

1

5

Registration date

July 02, 1981

Name of the company

Infosys Limited

Category / sub-category of the company

Information Technology and Information Technology Enabling Services

Address of the registered office and contact details

Electronics City, Hosur Road, Bangalore, Karnataka, India

Tel: 91 80 2852 0261 Fax: 91 80 2852 0362

Email: investors@infosys.com website: www.infosys.com

Listed company (Yes / No)

Yes

Name, address and contact details of Registrar and transfer agent

Karvy Computershare Private Limited

Unit: Infosys Limited, Karvy Selenium Tower B

Plot 31-32, Gachibowli, Financial District

Nanakramguda, Hyderabad – 500 032

Contact person

Shobha Anand

Assistant General Manager

Tel: 91 40 67161559

Email: shobha.anand@karvy.com

Principal business activities of the Company

Name and description of main products / services

NIC code of the product / service

% to total turnover of the Company

Computer programming, consultancy and related activities

620

100

Particulars of holding, subsidiary and associate companies

Name of the parties

Country

CIN / GLN

Holding / Subsidiary / Associate

% holding as at March 31, 2016

Applicable section

Infosys Consulting Holding AG (Infosys Lodestone)

(formerly Lodestone Holding AG)

Switzerland

Subsidiary

100

Section 2(87)

Infosys Consulting GmbH 

(formerly Lodestone Management Consultants GmbH)

Germany

Subsidiary

100

Section 2(87)

Infosys Management Consulting Pty. Limited
(formerly Lodestone Management Consultants Pty. Limited)

Australia

Subsidiary

100

Section 2(87)

Infosys Consulting AG
(formerly Lodestone Management Consultants AG)

Switzerland

Subsidiary

100

Section 2(87)

Lodestone GmbH (formerly Hafner Bauer & Ödman GmbH)

Switzerland

Subsidiary

100

Section 2(87)

Lodestone Management Consultants Co., Ltd.

China

Subsidiary

100

Section 2(87)

Infosys Consulting s.r.o.
(formerly Lodestone Management Consultants s.r.o.)

Czech Republic

Subsidiary

100

Section 2(87)

Lodestone Management Consultants GmbH

Austria

Subsidiary

100

Section 2(87)

Infosys Consulting SAS
(formerly Lodestone Management Consultants SAS)

France

Subsidiary

100

Section 2(87)

Infy Consulting Company Limited
(formerly Lodestone Management Consultants Ltd.)

U.K.

Subsidiary

100

Section 2(87)

Infy Consulting B.V.
(formerly Lodestone Management Consultants B.V.)

Netherlands

Subsidiary

100

Section 2(87)

Infosys Consulting Sp. Z o.o.
(formerly Lodestone Management Consultants Sp. z o.o.)

Poland

Subsidiary

100

Section 2(87)

Lodestone Management Consultants Portugal, Unipessoal, Lda

Portugal

Subsidiary

100

Section 2(87)

S.C. Infosys Consulting S.R.L.

(formerly SC Lodestone Management Consultants S.R.L.)

Romania

Subsidiary

100

Section 2(87)

Infosys Consulting Pte Ltd.
(formerly Lodestone Management Consultants Pte Ltd)

Singapore

Subsidiary

100

Section 2(87)

Lodestone Management Consultants Inc.

U.S.

Subsidiary

100

Section 2(87)

Lodestone Management Consultants (Belgium) S.A.

Belgium

Subsidiary

99.90

Section 2(87)

Infosys Consulting Ltda.
(formerly Lodestone Management Consultants Ltda.)

Brazil

Subsidiary

99.99

Section 2(87)

Lodestone Augmentis AG

Switzerland

Subsidiary

100

Section 2(87)

Infosys Consulting S.R.L.

(formerly Lodestone Management Consultants S.R.L.)

Argentina

Subsidiary

100

Section 2(87)

Infosys BPO Limited (Infosys BPO)

India

U72200KA2002PLC030310

Subsidiary

99.98

Section 2(87)

EdgeVerve Systems Limited (EdgeVerve)

India

U72200KA2014PLC073660

Subsidiary

100

Section 2(87)

Infosys Technologies (China) Co. Limited (Infosys China)

China

Subsidiary

100

Section 2(87)

Infosys Technologies (Shanghai)
Company Limited (Infosys Shanghai)

China

Subsidiary

100

Section 2(87)

Infosys Public Services, Inc. (Infosys Public Services)

U.S.

Subsidiary

100

Section 2(87)

Infosys Americas Inc. (Infosys Americas)

U.S.

Subsidiary

100

Section 2(87)

Infosys Tecnologia do Brasil Ltda.(Infosys Brasil)

Brazil

Subsidiary

100

Section 2(87)

Infosys Technologies S. de R. L. de C. V. (Infosys Mexico)

Mexico

Subsidiary

100

Section 2(87)

Infosys Technologies (Sweden) AB (Infosys Sweden)

Sweden

Subsidiary

100

Section 2(87)

Infosys (Czech Republic) Limited s.r.o

(formerly Infosys BPO s.r.o)

Czech Republic

Subsidiary

99.98

Section 2(87)

Infosys Poland Sp. z o.o.

(formerly Infosys BPO (Poland) Sp Z.o.o)

Poland

Subsidiary

99.98

Section 2(87)

Infosys McCamish Systems LLC

U.S.

Subsidiary

99.98

Section 2(87)

Portland Group Pty. Limited

Australia

Subsidiary

99.98

Section 2(87)

Infosys Technologies (Australia)
Pty. Limited (Infosys Australia)

Australia

Subsidiary

100

Section 2(87)

Infosys Nova Holdings LLC (Infosys Nova)

U.S.

Subsidiary

100

Section 2(87)

Panaya Inc. (Panaya)

U.S.

Subsidiary

100

Section 2(87)

Panaya Ltd.

Israel

Subsidiary

100

Section 2(87)

Panaya GmbH

Germany

Subsidiary

100

Section 2(87)

Panaya Japan Co. Ltd.

Japan

Subsidiary

100

Section 2(87)

Skava Systems Pvt. Ltd. (Skava Systems)

India

U72200TZ2003PTC010618

Subsidiary

100

Section 2(87)

Kallidus Inc. (Kallidus)

U.S.

Subsidiary

100

Section 2(87)

Noah Consulting LLC (Noah)

U.S.

Subsidiary

100

Section 2(87)

Noah Information Management
Consulting Inc. (Noah Canada)

Canada

Subsidiary

100

Section 2(87)

DWA Nova LLC

U.S.

Associate

16

Section 2(6)

Notes:
  1. Infosys BPO S. de R.L. de C.V has been liquidated effective March 15, 2016.
  2. Following companies are yet to commence operations:
    • Infosys BPO Americas LLC
    • Infosys Canada Public Services Ltd.
    • Panaya Pty. Ltd.

Shareholding pattern (Equity share capital break-up as percentage of total equity)

(i) Category-wise shareholding

Category code

Category of shareholder

No. of shares held at the beginning of the year

No. of shares held at the end of the year

% change during the year

Demat

Physical

Total

% of total shares

Demat

Physical

Total

% of total shares (1)

(I)

(II)

(III)

(IV)

(V)

(VI)

(VII)

(VIII)

(IX)

(X)

(XI)

(A)

Promoter and promoter group

(1)

Indian

(a)

Individual / HUF

15,02,15,636

15,02,15,636

13.08

29,28,06,199

29,28,06,199

12.75

(0.33)

(b)

Central government

(c)

State government(s)

(d)

Bodies corporate

(e)

Banks / Financial institutions

(f)

Any other

Sub-total A(1)

15,02,15,636

15,02,15,636

13.08

29,28,06,199

29,28,06,199

12.75

(0.33)

(2)

Foreign

(a)

Individuals (NRIs / Foreign individuals)

(b)

Other individuals

(c)

Bodies corporate

(d)

Banks / Financial institutions

(e)

Any other

Sub-total A(2)

Total shareholding of promoters A=A(1)+A(2)

15,02,15,636

15,02,15,636

13.08

29,28,06,199

29,28,06,199

12.75

(0.33)

(B)

Public shareholding

(1)

Institutions

(a)

Mutual funds / UTI

6,07,84,954

6,07,84,954

5.29

15,23,60,913

15,23,60,913

6.63

1.34

(b)

Banks / Financial institutions

7,25,435

7,25,435

0.06

10,88,363

10,88,363

0.05

(0.01)

(c)

Central government

(d)

State government(s)

(e)

Venture capital funds

(f)

Insurance companies

11,19,10,924

11,19,10,924

9.74

24,74,20,991

24,74,20,991

10.77

1.03

(g)

Foreign institutional investors

43,59,60,562

19,200

43,59,79,762

37.96

52,01,79,413

12,800

52,01,92,213

22.65

(15.31)

(h)

Foreign venture capital funds

(i)

Any other

Sub-total B(1)

60,93,81,875

19,200

60,94,01,075

53.06

92,10,49,680

12,800

92,10,62,480

40.10

(12.96)

(2)

Non-institutions

(a)

Bodies corporate

92,55,388

25,600

92,80,988

0.81

1,76,76,850

51,200

1,77,28,050

0.77

(0.04)

(b)

Individuals

(i) Individuals holding nominal share capital
up to
1 lakh

6,45,97,620

9,83,912

6,55,81,532

5.71

11,17,72,259

7,37,345

11,25,09,604

4.90

(0.82)

(ii) Individuals holding nominal share capital
in excess of
1 lakh

4,19,53,512

14,53,800

4,34,07,312

3.78

10,62,34,240

40,22,896

11,02,57,136

4.80

1.02

(c)

Any other

(i) Foreign bodies-DR

4,85,371

4,85,371

0.04

2,15,185

2,15,185

0.01

(0.03)

(ii) Foreign portfolio investor

5,86,37,491

5,86,37,491

5.11

40,40,52,549

40,40,52,549

17.59

12.48

(iii) NRI / OCB

1,75,52,821

3,205

1,75,56,026

1.53

3,49,74,684

6,410

3,49,81,094

1.52

(0.01)

(iv) Trusts (2)

78,32,920

78,32,920

0.68

1,80,14,430

1,80,14,430

0.78

0.10

Sub-total B(2)

20,03,15,123

24,66,517

20,27,81,640

17.66

69,29,40,197

48,17,851

69,77,58,048

30.37

12.72

Total public shareholding total B=B(1)+B(2)

80,96,96,998

24,85,717

81,21,82,715

70.72

1,61,39,89,877

48,30,651

1,61,88,20,528

70.47

(0.24)

Total (A+B)

95,99,12,634

24,85,717

96,23,98,351

83.80

1,90,67,96,076

48,30,651