Recognized for 25 years of listing in the U.S.
BENGALURU, India , June 20, 2024 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been invited to ring The Opening Bell® at the New York Stock Exchange (NYSE) tomorrow, June 21, 2024. This honor commemorates Infosys' 25 years of being listed in the US. To mark this milestone, Salil Parekh, Chief Executive Officer along with Jayesh Sanghrajka, Chief Financial Officer, and other key leaders from Infosys, will ring The Opening Bell® at the New York Stock Exchange.
"We are delighted to be invited to ring The Opening Bell® at the NYSE and to celebrate 25 years of listing in the U.S. For over 4 decades we have partnered with American businesses as they digitally transform to navigate their next. Today, we are enabling new pathways to move them forward – with expanded growth opportunities and enhanced productivity – into an AI-first future," said Salil Parekh, Chief Executive Officer and Managing Director, Infosys.
"We have delivered 25 years of strong performance since our US listing in 1999 with 22% revenue CAGR and 15% market cap CAGR. Today, we are thrilled to celebrate the achievements of our work in the United States and would like to thank all clients, employees, investors, and other stakeholders who have contributed to company's success over the years," said Jayesh Sanghrajka, Chief Financial Officer, Infosys.
Infosys continues to be guided by its purpose to amplify human potential and create the next opportunity for people, businesses, and communities. The Company was recently recognized as a Top 100 brand globally by Kantar BrandZ, and the fastest growing IT services brand over a 5-year period, by Brand Finance. Infosys continues to be carbon neutral for the fifth year now. Guided by its ESG Vision 2030, Infosys has been playing an active role in seeking to make the world more sustainable, inclusive, and equitably prosperous.
Infosys was also recognized as the only Indian firm in the top 100 of TIME Magazine's list of World's Best Companies of 2023. Earlier this year, the company received The 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Infosys received this recognition for the fourth consecutive year.
The Opening Bell® ceremony will be broadcasted via livestream starting 9:26 AM EDT / 6:56 PM IST on NYSE.com and New York Stock Exchange - YouTube, on June 21, 2024. A link of the same will also be available on Infosys' Investor Relations webpage.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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