Infosys Fined €175,000 in France for Working Time Recording System

Infosys Ltd has received a penalty of €175,000 from DRIEETS Île-de-France concerning its working time recording system. The French authority cited non-compliance with legal requirements, specifically regarding the system's reliability, auditability, and monitoring capabilities for certain employee categories. Infosys stated that there is no material impact on its financials, operations, or other activities. The company explained the delay in disclosure was due to verifying the communication and determining further steps. The disclosure will be hosted on the company's website.