StockWatch
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Computers - Software & Consulting
Management Change23 Jul 2026, 04:21 pm

Infosys Appoints Ashiss Kumar Dash as CEO Designate

AI Summary

Infosys Ltd announced the outcome of its Board Meeting held on July 22-23, 2026. The Board approved the audited consolidated and standalone financial results for the quarter ended June 30, 2026. A significant management change was approved with Ashiss Kumar Dash appointed as CEO Designate, effective immediately, and slated to become CEO and Managing Director from April 1, 2027. The company also approved the grant of 9,836 Restricted Stock Units (RSUs) to new hires and allotted 4,77,767 equity shares upon exercise of RSUs. Additionally, the incorporation of a step-down wholly-owned subsidiary in Singapore was approved, along with amendments to the Enterprise Risk Management policy.

Key Highlights

  • Ashiss Kumar Dash appointed CEO Designate, effective July 23, 2026.
  • Dash to become CEO & MD from April 1, 2027, for a 5-year term.
  • Board approved audited consolidated and standalone financial results for Q1 FY27.
  • 9,836 RSUs granted to eligible new hires under the 2015 Plan.
  • Incorporation of a new step-down wholly-owned subsidiary in Singapore approved.