I welcome the members to the 45th annual general meeting. Hope all of you are safe and in good health. This meeting is being held through video conference in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. Members participating through video conference are being considered for the purpose of quorum as per the circulars issued by the MCA and section 103 of the Companies Act 2013. We have the requisite quorum present through video conference to conduct the proceedings of the meeting. Therefore I call this meeting to order. Before we start the main proceedings of the meeting, I request my colleagues on the video conference to introduce themselves. Nathan.
Hi, this is Nathan Parans. I'm the vice chairman and independent director of your company and I'm calling in from the Netherlands.
Good evening. Hi, I'm Sal Parik, CEO and managing director joining in from Mumbai. Welcome to the 45th annual general meeting. I hope all of you are well.
Hi, good afternoon. This is Sundram, lead independent director and the chairperson of the nomination remuneration committee and risk management committee. I'm joining the meeting from Mumbai. Thank you.
Good morning. Good evening. This is Michael Gibbs, independent director. I'm the chairperson of the stakeholder relationship committee and the cyber security committee. I'm joining this meeting from Houston, Texas in the USA.
Hi. Good evening. I'm Bobby Parik, independent director. I'm the chairperson of the audit committee of the company and I'm joining this meeting from Mumbai.
Hello. This is Chitra Nyak, independent director and chair of the ESG committee joining from San Francisco, California.
Hi, this is Go Da and chair of the CSR committee joining in from Mumbai.
Good evening. I'm Eden Pier, independent director joining in from France.
Hello and good evening. This is Diane Jurgens. I'm an independent director. I joined the board in April and today I'm joining the AGM from Greece.
Yes. Hi, good evening. This is Jeska, chief financial officer. I'm joining in from Bangalore. Thank you.
Hi, good evening everyone. I am Manika, family secretary of the company joining from Bangalore. Thank you.
Apart from them, we also have key executives and senior management joining from their respective locations. Statutory auditors and secretarial auditors have also joined this meeting. The company has taken all feasible efforts to enable members to participate through video conference and vote at the AGM. I thank all the members, colleagues on the board, auditors and the management team for joining this meeting over video conference. I now request Manikanta, company secretary, to provide general instructions to members regarding participation in this meeting.
Hi, good evening. Members may note that this annual general meeting is being held through video conferencing in accordance with the Companies Act 2013 and circular issued by the Ministry of Corporate Affairs and SEBI. The notice of the 45th AGM and the annual report for the financial year ended March 31st, 2026 have been sent electronically to members whose email addresses are registered with the company or with the depositories. In addition, physical copies of the annual report have been sent to members who have requested for the same. Further, the company has sent a letter to shareholders whose email addresses are not registered providing them the web link where the annual report can be accessed on the company's website. The facility for joining this meeting through video conference is made available for the members on a first come first serve basis. The company has also provided a webcast facility to view the live proceedings of this meeting on the company's website. The register of directors and key managerial personnel, the register of contracts or arrangements, certificates as required under SEBI share-based employee benefits and sweat equity regulations 2021 and other documents mentioned in the AGM notice have been made available electronically for inspection during this AGM. Members seeking to inspect any of these documents can send their requests to the email id
[email protected]. As the AGM is being held through video conferencing, the facility for appointment of proxies was not applicable and hence the proxy register for inspection is not available. The company has received request from a few members to register them as speakers at this meeting. Accordingly, the floor will be open for those members to ask questions or express their views. We will facilitate this session once the chairman opens the floor for questions and answers. Members can also post their views or questions on the 'Ask a Question' tab on the video conference screens before 4:30 p.m. IST. It may be noted that the company reserves the right to limit the number of members asking questions depending on the availability of time. The company has provided the facility to cast votes electronically on all resolutions set forth in the notice. Members who have not cast their votes yet electronically and who are participating in this meeting will have an opportunity to cast their votes during the meeting through the e-voting system provided by NSDL. Members can click on the 'Vote' tab on the video conference screen to make use of this facility. Members are requested to refer to the instructions provided in the notice or appearing on the video conference page for seamless participation through video conference and also for e-voting. In case members face any difficulty, they may reach out on the helpline numbers. Members may note that this is being recorded. Please do not disclose any sensitive personal information or personally identifiable information belonging to you or any other persons that has no bearing on this meeting. Thank you very much. I now request Nandi, chairman, to address the shareholders.
Dear shareholders, welcome to the 45th annual general meeting of Infosys. On behalf of the Infosys Board of Directors, I appreciate your support for the company and thank you for taking the time to join us today. Fiscal 2026 has been a year of disciplined execution and resilience for Infosys. Even as the external environment continues to evolve, we delivered US $20.2 billion in revenues, growing 3.1% in constant currency while maintaining a strong adjusted operating margin of 21% and generating US $3.7 billion free cash which is 112.6% of net profit. This is the second consecutive year when we have generated free cash flows of more than 100% of net profit. Large deal TCV for fiscal 2026 was at US $14.9 billion with 55% being net new. This reflects the strong trust our clients have in us and relevance of our strategy and provides a robust foundation to build on in the months ahead. For fiscal 2026, the board has recommended a final dividend of rupees 25 along with an interim dividend of rupees 20 that is already paid. Total dividend is rupees 48 which is 11.6% growth year on year. The total payout for FY26 including the recently completed buyback will be 113.9% of free cash flow. With this we have returned 82.1% of free cash flow cumulatively for 2 years under the capital allocation policy. Nathan Parans, who is an independent director, has been appointed as vice chairman of the company effective April 30th, 2026. During fiscal 2026 no directors or KMP were appointed. However, post fiscal 2026 based on the recommendations of the nomination remuneration committee, the board appointed Diane Jurgens as an independent director effective April 22nd, 2026 for a period of 3 years till April 21st, 2029. The nominations and remuneration committee has also recommended the reappointment of Eden Pier for a second term of 5 years. Accordingly, post fiscal 2026, the board approved her reappointment as an independent director from May 26, 2026 to May 25th, 2031. Both the appointment of Diane Jurgens and reappointment of Eden Pier have been approved by the shareholders via the recently concluded postal ballot. On the business front, the industry is going through a major technology transition and whenever there's such a transition, questions are asked about our relevance, leadership or ability to maintain growth and margins. Given that AI is a much larger and disruptive technology transition than ever before, the questions are louder and the doubts are more insistent. Moreover, the existential question that is being asked of us is if coding becomes automated then why are we needed at all. More now, more than 3 years after ChatGPT launched, Infosys is more relevant than ever before and well positioned for the decade ahead. While we embrace the best coding tools and improve our productivity, there's much more to do in the software development life cycle. Enterprise context is paramount. Solutions must complement existing investments. They demand rigorous testing, resilient architecture and foundational cyber security. Data governance must reflect an organization's own obligations, not the convenience of any external platform or provider. The AI deployment gap in large enterprise clients is real and closing that gap is where the work is. AI will not replace companies like ours. It will amplify those who move with purpose and adapt with speed. The AI revolution has made legacy modernization urgent in a way nothing else has and clients are moving to retire the technical debt accumulated over decades. The preference will be to build versus buy for software. All this creates even larger opportunities for us. The defining opportunity lies in integrating intelligent AI systems with mission-critical enterprise platforms. The greatest value will come from combining the world of models and agents with traditional transaction systems that continue to underpin enterprise operations. That convergence is where the next wave of opportunities will emerge. Our clients trust Infosys to bring hard-earned learning to help them navigate the complexities of enterprise AI. Infosys is fully prepared to deliver on that trust and help our clients navigate the next. We're already collaborating with 90% of our top 200 clients on their AI journeys. Increasingly they see Infosys as a trusted partner to unlock AI value across growth, efficiency and innovation. The strategic investments we have made and continue to make in Infosys Topaz position us well to guide our clients as they navigate this structural shift in technology. Combined with the cloud expertise of Infosys Cobalt, we are enabling clients to scale AI with speed, confidence and enterprise relevance. We recently unveiled our AI-first value framework to help global enterprises unlock AI value at scale. This positions Infosys to tap into an AI-first services opportunity of US $300 to $400 billion by 2030. Continuous learning and talent transformation have been core to Infosys for many decades. The AI era requires fresh learning and new mental models. We are systematically preparing our talent for this new era while redeploying those released from productivity gains towards new areas of growth. We recruited over 20,000 college graduates this fiscal year and ended with a workforce of over 325,000 employees. During the year, Infosys was recognized as a global top employer in 20 countries for best-in-class HR practices. We were also named one of India's best employers among nation builders 2025 by Great Place to Work. We have built a strong AI partnership ecosystem spanning compute and cloud platforms, model developers, data and analytics providers, applications and security technologies. This enables best-in-class AI solutions with the flexibility and resilience required for AI-native, agent-driven enterprises. During fiscal 2026, we completed two acquisitions: ME Consulting Limited, a leading energy and business consulting firm based in the United States, and the Missing Link Group, a cyber security service provider based in Australia. During the year, the company also entered into definitive agreements on three strategic fronts. Infosys will form a joint venture with Telstra, acquiring a 75% stake in the World Group, Australia's leading digital transformation solutions provider and a wholly owned subsidiary of Telstra Group Limited, delivering cloud and digital transformation services. We also agreed to acquire Status Global LLC, a leading insurance consulting and technology services company focused on Guidewire services and headquartered in the United States, and Optimum Achieve Holdings Inc. together with subsidiaries including Optimum Healthcare IT LLC, a leading healthcare digital transformation and consulting company headquartered in the United States. Both these acquisitions are now complete. Long-term success must be responsible, inclusive and sustainable. Our ESG vision for 2030 reflects that conviction through positive climate action, inclusive and equitable practices, and earning stakeholder trust through ethical governance. We have achieved carbon neutrality for the seventh consecutive year across our global operations through reduced consumption, renewable sourcing and high-quality carbon offsets. Renewables now account for 81.8% of our India operations and our campuses recycle 100% of waste water through large scale rainwater harvesting and demand side efficiency measures. 11 campuses have achieved true zero-waste certification reflecting the scale and consistency of our circular economy approach across geographies. At Infosys, our purpose is to amplify human potential and create the next opportunity for people, businesses and communities. We continue to expand our social impact program through Infosys Foundation, Infosys Science Foundation, Infosys Prize, and Infosys Foundation USA, addressing education, skilling and livelihood training, healthcare, women empowerment, science and research, and environmental sustainability. During this year in India alone, Infosys Foundation undertook 200 projects impacting 7 million lives. We have reached 15 million people through digital skilling initiatives anchored by Infosys Springboard, our flagship digital learning platform. We have also been recognized as the world's most ethical company for the sixth consecutive year by Ethisphere, a reflection of our continued commitment to responsible growth. We have been ranked as the fastest growing IT services brand over the past six years by Brand Finance. Infosys is a natural choice as an AI transformation partner. It is said that to anticipate the future, we should skate to where the puck is going. In this case, the puck is coming to where we have already positioned ourselves. On behalf of the board, I want to thank our employees, clients, co-founders, and governments of the countries and states where we operate for their trust in us and generous support. To all our shareholders, it is your encouragement that drives us to deliver our best every day. Our heartfelt thanks to all of you. I now request Salil Parik, CEO and managing director to address the shareholders.
Thank you, Nandan. Good evening shareholders and welcome to the annual general meeting. Over the next few minutes I will share with you some of the highlights of the financial year and what we are looking at as we go ahead. As you look at the next slide, the safe harbor provision and then the next slide. Financial year 2026 was a strong year for us. First, we had a revenue of over $20 billion, constant currency growth was 3.1%, adjusted operating margin of 21%. Very strong free cash flow, employees now at over 325,000 across the world. One of the key elements was that we recruited 20,000 college graduates across India and in some other parts of the world as we continue to scale in this new environment as we do more and more work within AI. Our clients with revenues of over $100 million were at 41 as we close the year. As we look at the next slide, if you look at the financial performance, we have shared this in rupees. In many of the areas, we had a nice positive movement from the last year. In terms of cash flow, we had a positive movement which was reflected after you adjust for some of the tax refunds we got in the previous financial year. As we look at the next slide, we have now returned over 55,000 crore over the past two years through the capital return policy, both in the manner of dividends and also with the buyback that we completed. This continues with the approach we have for our capital return policy which will be across a block of 5-year period where we return 85% of our free cash flow. Our balance sheet remains extremely strong. It's debt-free, in fact very liquid with a strong balance of cash and cash investments which we continue to maintain even as we provide the capital return to shareholders and continue with some acquisitions. As we look at the next slide, one of the most critical areas we have focused on in this past year has been to launch our AI approach within the market. Internally, we've been working on this for a number of years. We have built internally something which we refer to as Topaz and Fabric which allows us to make very strong AI capabilities available to our clients in partnership with AI companies. As you look at the next slide, this is the approach that talks about how we go to market with all of that AI capability. We have seen today there are six broad areas in which clients are looking to use AI to improve their business for growth or improve their business in terms of quality service levels or efficiency and cost. The first area refers to AI engineering and strategy where we build agents across different platforms and tools. The second to data which is the critical element of putting AI together. The third is process where a lot of new work is being done to first make the process more efficient and then use agents to make that process work better. The fourth is really modernization of technology using agents. This we see as one of the largest areas today that our clients are looking to Infosys to help them with. The fifth is physical AI which is AI in manufacturing and putting the software into those manufacturing elements where the products are, whether it could be in medical, automotive, or any other areas. And the sixth is AI trust where we look at how to make sure it is secure and also responsible AI. When we look at this as a collective group, we see that this is approximately $300 billion of addressable market overall in those six areas from today to 2030. So over the next 5 years, that gives us a real focus on how we drive the growth. In this slide we show what are the different clients that we are working with in each of those six buckets today. These are actual projects, not proof of concept, but large scale programs which our clients are trusting Infosys with. On the next slide, we talk about as an overall journey, how we are helping our clients to move from where they are today to the future which is very much AI-driven because we have this really deep understanding of their environment. What is in a client environment? How is the technology set up? How does it interact with the business? What is the architecture landscape? What is the data landscape? That domain knowledge is really the value that we are bringing and which is why we are seeing a strong connect that our clients are having with us to make the AI successful. We also have extremely good engineering talent. We have shifted a lot of our training onto AI training and we have more and more of our employees ready and certified on the different foundation models, coding tools, compute platforms that are available for AI, and then we have built our own platform and IP which is Topaz Fabric which allows us to work with any AI foundation model for the benefit of the client. In doing that, we built a very strong partner ecosystem. All of the big AI foundation model companies and compute companies are working with Infosys very closely to make it available for the clients based on the situation, industry, and type of work. As we look in the next slide, in Q3 of last year, we had shared that approximately 5.5% of our revenue was in AI services, which is approximately $1 billion annualized, and this is growing at a quite fast pace. We reconfirm that and continue to see good growth in AI services revenue. On the next slide, we show that also on thought leadership, the analyst community is recognizing Infosys in 16 areas across these six buckets where we have leadership rating for AI. Then as I move on, there are two big foundational elements of AI. The first is cloud, and here we have built Cobalt over many years and we have a very good capability, partnership, and the ability to use the cloud compute platform to make sure AI is working well and migration is working well. The second is data. There is data within the enterprise which is structured and unstructured. How can we make all of that become available for the AI model? Because the value for a large enterprise is to take its own data and make it populated in the model so that it becomes more intelligent for the company to benefit. We then ensure that the data is also secure and trusted. Then as we look inside the company, we have been focused very much over the last several years on our own efficiency because we want to maintain and increase our operating margin. We have driven a lot of cost efficiency with automation, pyramid, productivity, using AI in many places like finance, marketing, and coding, giving us productivity benefits, improving portfolio elements, and reducing indirect costs. The strength of Infosys really comes from a leading delivery organization with excellent training and well-driven teams that make sure we deliver what we commit. Now more and more in multi-service offerings in complex programs with a lot of trust from clients, and in these six new areas of AI we put even more attention and focus. On the brand, we have done quite well. The brand is recognized more associated with AI, top three most valuable brand globally, one of the fastest growing IT services brands, top 100 of any brands in the world, and good perception with AI for Topaz and cloud for Cobalt. We also took some time on acquisitions. We finished a few in the financial year. A couple got done just after the financial year but before today: one on healthcare, one on insurance. We want to make sure in areas where we see good opportunity and can scale up, we do more acquisitions which we integrate well. Then we want to share a little bit how we are working across all the communities. We have created a lot of impact within India with the contributions the company is making: 200 projects, 7 million people, with Springboard our training online capability which we provide for free, over 10 million people worldwide have benefited. One example is working on water capacity in lakes within different parts of India by providing sustainable solutions. All of this comes within CSR work. One of the biggest differences in how we approach the market is how we work internally as one Infosys, making sure the best capability is available to every client. In conclusion, with strong execution on the financial year, we have a good AI approach and strategy and already starting execution. We already seen approximately annualized $1 billion of AI services revenue that we shared in Q3 and growing at a very good pace. Very strong AI partnerships, the foundation model companies are also approaching us and we are working strongly with them. A good stable organization, one Infosys, and continued trust of our clients. With that, I will conclude. Thank you once again for all your faith and trust in us and we look forward to the coming year to be more and more AI-driven into the future. Thank you.
Thank you Salil. I now request Manikanta, company secretary, to provide a summary of the auditor's report.
Thank you Nandan. The statutory auditors Deloitte Haskins and Sells LLP and the secretarial auditor Makarand M. Joshi and Company have expressed unqualified opinion in their respective audit reports for the financial year 2025-26. There were no qualifications, observations or adverse comments on the financial statements and matters which have any material bearing on the functioning of the company. The statutory auditors reports on the standalone and consolidated financial statements are available on page numbers 226 and 307 of the integrated annual report. The secretarial auditor's report is enclosed as an annexure to the board's report on page number 91 of the integrated annual report. Thank you.
Thank you, Manikanta. As the notice is already circulated to all the members, I take the notice convening the meeting as read. Before we proceed, I am pleased to bring to your notice that as required under the Companies Act 2013, the company has provided you the facility to cast your vote electronically on all resolutions set forth in the notice. Members who have not cast their vote electronically but are participating in this meeting will have an opportunity to cast their votes through the e-voting system provided by NSDL. Members, please note that there will be no voting by show of hands. We now take up the resolutions as set forth in the notice. We will open the floor for any questions by members after all the resolutions are tabled accordingly. I will now only read out the resolutions. Item number one of the notice: adoption of the financial statements. The financial statements of the company including the consolidated financial statements for the financial year ending March 31st, 2026 including the report of the board of directors and auditors have already been provided to the members. Item number two of the notice: declaration of dividend to declare a final dividend of rupees 25 per share for the financial year ending March 31st 2026. You would recall that an interim dividend of rupees 23 per equity share has already been paid for the financial year ending March 31st 2026. Item number three of the notice: appointment of Nandan M. Nilekani as a director liable to retire by rotation. The text of the resolution is provided in the notice circulated to the members. Item number four of the notice: approval of the proposed amendment to the Infosys expanded stock option ownership program 2019 (amended 2019 plan) and grant of stock incentives to the eligible employees of the company under the amended 2019 plan. The text of the resolution is provided in the notice. Item number five of the notice: approval for proposed amendment of the Infosys expanded stock ownership program 2019 (amended 2019 plan) and grant of stock incentives to the eligible employees of the company's subsidiaries under the amended 2019 plan. The text of the resolution is provided in the notice. Item number six of the notice: approval of the request for reclassification of certain members of the promoter and promoter group of company to public category. The text of the resolution is provided in the notice. The members may note that in accordance with SEBI regulations, the applicants and the persons related to them shall not vote on this resolution. If any member desires to ask any question pertaining to any item on the notice, he or she may do so now. Members are requested to keep their questions brief and specific to avoid repetition. Answers to all the questions will be provided towards the end. Members may also note that the company reserves the right to limit the number of members asking questions depending on the availability of time. While members are queuing up to ask questions, may I request the team to play short videos of Infosys.
When you join hands with a sport, what do you play for? For 10 years, we've played for more. We played for a billion fans to bring them experiences closer to the game. We played for every athlete taking serve with artificial intelligence that changes their game. We played for the sports storytellers with insight that uncovers the finest moments. We've kept playing beyond the court to inspire with icons of a new generation, forging their legacy, turning athletes into brand ambassadors. We've played across the globe under the Melbourne sky, on the red clay, by the historic glass. We've played where history is made. We've shared moments and memories, victories and breakthroughs. And we'll keep playing because this isn't just a sport. Because when it's love all, the best is yet to come. Change doesn't always begin with a big idea. Sometimes it starts with noticing what others overlook. Feeling what others feel and asking what can I do? That's what it takes to innovate from the heart. India is home to countless communities, places, challenges, and social innovators today are stepping in with solutions shaped by what they've lived and more importantly by the empathy they feel for others. And that's what innovation from the heart is really all about. At Infosys Foundation, we recognize, celebrate and support these innovations through the Arohan Social Innovation Awards. Over three editions, Arohan has helped more than 30 social innovations grow. Each one making life a little better, a little fairer. In its fourth edition, the journey continued with more voices, more hope, and more heart and a total prize purse of rupees 2 crores plus mentorship and incubation to help them grow further. We went into the heart of India and what came back was incredible. Over 265 innovations from all 28 states and each one rooted in the struggles people face. 30 innovations made it to the shortlist. Each one shaped by bold thinking and the courage to solve them. Proof that when empathy guides action, change becomes real, one idea at a time. To choose the winners, our jury looked for three things: Is the problem real? Is the solution strong? And is the heart behind it steady? And the few startups which came today and yesterday showed us the depth of the work and the passion they are bringing to make the change much more effective and efficient at the same time affordable. The solutions that click the most are the simplest ones but it is 1% the idea and 99% implementation for success. That's really what matters. What's also important is innovation being part of these solutions, use of technology because all of this will ensure that these solutions are not only scalable, they're accessible, they're affordable. There's been a range of entries this year across education, healthcare and environmental sustainability. I think the quality has been very high and I've also been very impressed with the diversity of innovation. More importantly we saw the right mix of folks who are doing it primarily for social good. At the same time, today's social innovators are emerging who are running both for-profit and not-for-profit versions of their social enterprise. For many, Arohan is a turning point, a moment when belief meets support. Arohan is just the beginning. We'll walk with our winners, help them scale, and achieve what they set out to accomplish. Infosys Foundation believes in technology with purpose and in people who care deeply. Arohan lifts those voices and helps them reach the last mile where change truly matters.
Dear shareholders, thank you for joining our 45th AGM today and for taking time to participate in the proceedings. Before we go live with the Q&A, here are some points to note for your convenience. When your name is called and you are projected on the screen, please mention your name and location from where you are joining and proceed to ask your question. Each shareholder will have 2 minutes for the questions. To avoid repetition, the board will respond to all questions at the end. Once you have asked your question, you can switch to watch the proceedings. The board will be taking questions from shareholders in two or three sets depending on the number of questions on video. With that, I'll request the first shareholder, Mr. Dharav, to proceed with the question.
Namaste and greetings to respected chairman, board members and all the stakeholders of my company. It is indeed a privilege to attend this meeting. My name is Dr. Dharav Jamada from Surat, Pujas, a proud shareholder of our company. Firstly, heartiest congratulations to all the stakeholders for such a robust performance consistently year on year. Respected sir, inevitably these are some very challenging times which not only our company but the whole industry worldwide is going through. There exists so many mania which questions our very existence but investors will have to have some patience as Rome wasn't built in a day. We will create a competitive mode in the coming times like always we have done. So I fully understand and support my company in these daring and odd times. Certain questions which I would request our respective chairman to address are: first, last year despite many disruptions we ended up with an all-round robust performance but the industry as a whole is either growing negatively or in a lower single digits range. So have we gone past those glory days when there was a double digit growth rate? Are there any signs that the industry is coming...
The shareholder asked about regaining past glory in margins and ROC despite currency depreciation; which geographies and industries will be most stable or disrupted; impact of macros like interest rates, inflation, energy prices on public and private capex for IT services; funding for AI, data centers, quantum computing and impact on capital structure and dividends; whether Infosys should invest in global AI giants or pursue M&A; and how to leverage FTAs signed by India, and what regulatory relaxations the industry needs.
Thank you, Dr. Daro. We'll move to the next shareholder Mr. Vipul Kumar Sha. Mr. Vipul, kindly go ahead and ask your question.
Asked about the extension of CEO Salil Parikh's tenure, suggesting it be cleared early; urged the board to reconsider giving quarterly guidance to reduce stock volatility, noting larger peers do not give guidance; inquired about AI-related revenue contribution last year, expected growth, and margin difference versus normal services; and requested Nandan Nilekani to elaborate on his comment that 'in AI opportunities are endless, only risk is execution.'
Thank you Mr. Vipur. Now I'll request the next shareholder Santo Kumar Saraf. Sir kindly go ahead and ask your question.
Asked what the top three strategies are to help Infosys reach $30 billion in revenue while maintaining industry-leading margins and creating superior shareholder returns.
Thank you Mr. Al Santo. I'll request the next shareholder Baratsha. Sir kindly unmute yourself and ask a question.
Complimented the leadership, technology, and performance, requesting continued support and praising the company’s excellence.
Thank you Smasha and Barasha. Now I'll request the next shareholder whom Praash Kad.
Thanked for the virtual platform and requested it continue. Praised the dividend increase. Expressed concern about the falling share price, lack of investment in the future, and criticized the buyback, saying long-term investors did not benefit. Urged investment in skill development and futures. Noted his respect for Nandan Nilekani's contributions to the country.
Thank you Mr. Praash. Now I'll request the next shareholder B Ram Kumar. Mr. Ram Kumar, kindly go ahead and ask your question. I'll move to the next shareholder Vine G Batya. Mr. Bata, kindly go ahead and ask your question. I request the next shareholder Christian Lal Chedda. Mr. Krishnan Lal, if you are on, kindly go ahead and ask your question. I'll move to the next shareholder Mr. Redapa Gunduru. Mr. Reda, kindly go ahead and ask your question. Mr. Reda, we can hear you. Yes, please go ahead.
Congratulated the board and management on another year of resilient performance. Appreciated the chairman's speech and the annual report. Asked about key growth priorities for 2-3 years, especially in AI and generative AI; plans to improve revenue growth and deal conversion in the current global economy; opportunities from increased digital transformation spending; outlook on employee retention and skill development; and whether Infosys is considering strategic acquisitions in cybersecurity and cloud services. Expressed full support for all resolutions.
Now I'll request the next shareholder Mr. Barat Raj. Mr. Barat Raj, please go ahead and ask your question.
Expressed happiness with the company, requested a bonus issue, asked about the share price decline and how the company will face challenges in a changing market. Also requested a manual camp or get-together in Hyderabad.
Thank you Mr. Barat. Now I'll request the next shareholder J Aishek. Mr. Abishek, kindly go ahead and ask your question. The next shareholder Mr. Sham Sundari, sorry, P Sham Sundari. Please kindly go ahead and ask your question.
Congratulated the management on performance, requested cost effectiveness, good corporate governance, and a bonus or rights issue. Noted the falling share price and asked about plans to withstand tough competition. Requested a physical AGM in the future.
Thank you sir. Now I'll request the next shareholder Mr. Abhishek.
Congratulated the management on the 45th AGM. Asked about new plans and innovations, focus areas, the status of the Infosys campus in Pocharam, Hyderabad, and requested job opportunities for eligible shareholders or relatives.
Thank you. Have a good day. Please go ahead with your question.
Thanked the company secretary for the opportunity. Congratulated on performance and dividend. Asked about thoughts on future use of AI for growth strategy, revenue growth prospects, attrition rate, talent nurturing, and cybersecurity.
