Shares of surged a little over 3 per cent on Monday after the IT major issued a clarification over sharp movements in its American Depositary Receipts, helping ease investor concerns.
The stock climbed as much as 3.3 per cent on the to ₹1,693.20 before paring some gains. At 12.14 pm, Infosys was trading at ₹1,679.30, compared with its previous close of ₹1,638.70 on Friday.
The rally followed a clarification released by the company on Saturday regarding unusual volatility in its ADRs listed on the New York Stock Exchange. The
Infosys said in a stock exchange disclosure that it had observed volatility in the price of its ADRs on December 19, 2025, which led to two volatility trading pauses under the NYSE’s Limit Up-Limit Down mechanism. The company clarified that there were no material events requiring disclosure under the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015), and said the communication was issued in the interest of transparency and to avoid unwarranted speculation.
Infosys added that it would continue to adhere to its disclosure obligations under Regulation 30 of the SEBI regulations, consistent with its established practices.
In another disclosure, the company reiterated its earlier statements regarding class action lawsuits in the US involving its subsidiary, Infosys McCamish Systems LLC.
Infosys noted that it had reached an agreement in principle with plaintiffs to settle all pending class action lawsuits against McCamish and certain of its customers.
“On March 13, 2025, McCamish and the plaintiffs engaged in mediation, resulting in an agreement in principle, which sets forth the terms of a proposed settlement of class action lawsuits against McCamish, as well as class action lawsuits that have been filed against McCamish’s customers. Under the proposed settlement terms, McCamish has agreed to pay $17.5 million into a fund, to settle these matters. On December 18, 2025, the court granted the final approval on the settlement,” it said.
The company said the US court granted final approval for the settlement on December 18, 2025. Subject to no appeal being filed within 30 days, the settlement will become effective and resolve all allegations without any admission of liability.
Market participants viewed the clarification and regulatory disclosures as removing near-term uncertainty, aiding the positive sentiment around the stock in Monday’s trade.