<SEC-DOCUMENT>0001067491-16-000063.txt : 20160224
<SEC-HEADER>0001067491-16-000063.hdr.sgml : 20160224
<ACCEPTANCE-DATETIME>20160224065038
ACCESSION NUMBER: 0001067491-16-000063
CONFORMED SUBMISSION TYPE: 6-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160224
FILED AS OF DATE: 20160224
DATE AS OF CHANGE: 20160224
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Infosys Ltd
CENTRAL INDEX KEY: 0001067491
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 581760235
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: 6-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35754
FILM NUMBER: 161450440
BUSINESS ADDRESS:
STREET 1: ELECTRONICS CITY HOSUR RD
STREET 2: BANGALORE KARNATAKA INDIA
CITY: BANGALORE
STATE: K7
ZIP: 560 100
BUSINESS PHONE: 0119180852
MAIL ADDRESS:
STREET 1: ELECTRONIC CITY HOSUR RD
STREET 2: BANGALORE KARNATAKA INDIA
CITY: BANGALORE
STATE: K7
ZIP: 560 100
FORMER COMPANY:
FORMER CONFORMED NAME: INFOSYS TECHNOLOGIES LTD
DATE OF NAME CHANGE: 19980804
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>index.htm
<DESCRIPTION>AMENDMENT TO MATERIAL AGREEMENT WITH PRINCIPAL EXECUTIVE OFFICER
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>UNITED STATES SECURITIES AND EXCHANGE
COMMISSION</B></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>
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<P STYLE="font: 16pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Form 6-K</B></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Report of Foreign Private Issuer</B></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934</B></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>For the month of February 2016</B></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Commission File Number 001-35754</B></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Infosys Limited</B></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>(Exact name of Registrant as specified
in its charter)</I></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Not Applicable.</B></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>(Translation of Registrant's name into
English)</I></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Electronics City, Hosur Road, Bangalore
- 560 100, Karnataka, India. +91-80-2852-0261</B></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>(Address of principal executive offices)</I></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in"> </P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0">Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F:</P>
<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Form
20-F </FONT><FONT STYLE="font-family: Wingdings">þ</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"> Form 40-F
</FONT><FONT STYLE="font-family: Wingdings">o</FONT></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in"> </P>
<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): </FONT><FONT STYLE="font-family: Wingdings">o</FONT></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in"> </P>
<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): </FONT><FONT STYLE="font-family: Wingdings">o</FONT></P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TABLE OF CONTENTS</B></P>
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<TD STYLE="width: 100%; padding-top: 2.25pt; padding-right: 2.25pt; padding-left: 2.25pt; font: 10pt/107% Calibri, Helvetica, Sans-Serif; text-decoration: underline"><A HREF="#a_001"><FONT STYLE="font: 10pt/106% Arial, Helvetica, Sans-Serif; color: blue"><U>AMENDMENT TO MATERIAL AGREEMENT WITH PRINCIPAL EXECUTIVE OFFICER</U></FONT></A></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-top: 2.25pt; padding-right: 2.25pt; padding-left: 2.25pt; font: 10pt/107% Calibri, Helvetica, Sans-Serif"><A HREF="#a_002"><FONT STYLE="font: 10pt/106% Arial, Helvetica, Sans-Serif; color: blue">SIGNATURES</FONT></A></TD></TR>
</TABLE>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><A NAME="a_001"></A>AMENDMENT TO MATERIAL AGREEMENT WITH
PRINCIPAL EXECUTIVE OFFICER</B></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0.5in"> </P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Infosys Limited (“Infosys”
or the “Company”) hereby furnishes to the United States Securities and Exchange Commission, the following information
concerning the executive employment agreement entered into with its Chief Executive Officer and Managing Director, Dr. Vishal Sikka.
These changes are made in recognition of Dr. Sikka’s outstanding leadership and role in significantly advancing the Company
towards realizing industry-leading growth in a changing competitive landscape, and to align his remuneration and terms as Chief
Executive Officer and Managing Director to market practice as well as to the Company’s announced objectives for annual revenue,
profit and per person productivity by the financial year 2020-2021.The information contained in this Form 6-K shall be deemed to
be incorporated by reference into the Company's registration statements under the Securities Act of 1933, as amended.</P>
<P STYLE="font: 10pt/normal Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"> </P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The executive employment agreement
executed by the Company and Dr. Sikka dated June 12, 2014 (“Existing Employment Agreement”) in relation to
appointment of Dr. Sikka as the Chief Executive Officer and Managing Director of the Company from August 1, 2014 to June 13,
2019 was approved by shareholders in their extra ordinary general meeting held on July 30, 2014. Pursuant to a meeting of the
Board of Directors (“Board”) of the Company on February 24, 2016, the Board approved amendments to the Existing
Employment Agreement to reduce the term of the agreement until December 31, 2016 (unless extended by the Board subject to any
necessary shareholder or regulatory approvals). The Board also approved, subject to the receipt of shareholder approval and
regulatory approvals, the execution of a new executive employment agreement with Dr. Sikka (“New Employment
Agreement”) for his re-appointment as the Chief Executive Officer and Managing Director of the Company with effect from
April 1, 2016 until March 31, 2021. This New Employment Agreement reflects certain changes to Dr. Sikka’s compensation
and the terms and conditions thereof. To the extent the effectiveness of the New Executive Employment Agreement is
conditioned on shareholder or regulatory approvals, the Existing Employment Agreement (as amended) shall remain in force and
effect until such approvals are received. After receipt of the these approvals and on a date that the Nomination and
Remuneration Committee shall determine and inform Dr. Sikka, the Existing Employment Agreement shall stand terminated and be
superseded by the New Employment Agreement.</P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><A NAME="a_002"></A>SIGNATURES</B></P>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">Infosys Limited</P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">/s/ David D. Kennedy</P></TD></TR>
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<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0 31.5pt 0 0">Date: <FONT STYLE="color: #231F20">February 24,
2016</FONT></P></TD>
<TD>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>David D. Kennedy</B></P>
<P STYLE="font: 10pt/normal Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><I>Executive Vice President - General Counsel
and Chief Compliance Officer</I></P></TD></TR>
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