Infosys Clarified on Recent 40% Surge in ADR: What You Need to Know

Infosys Ltd on Saturday, December 20, issued a clarification following a temporary halt in trading of its American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE) on December 19.

Management Take on ADR Volatility

In a regulatory filing, the company stated that it has observed volatility in the price of its American Depositary Receipt (“ADR”) on the New York Stock Exchange (“NYSE”) on December 19, 2025, which resulted in two Volatility Trading Pauses (“Limit Up-Limit Down”/“LULD”) being triggered by NYSE. 

In this regard, the Company hereby clarifies that there are no material events that require disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Regulations”). This communication is being issued in the interest of transparency and to avoid any unwarranted speculation. Consistent with its practice, the Company will continue to adhere to its obligations under Regulation 30 of the SEBI Regulations

Update on Lawsuits Against McCamish Systems LLC

Separately, Infosys also provided an update on certain class action lawsuits referenced in its financial statements. The company said that on December 18, the court granted final approval for the settlement of lawsuits filed against its subsidiary, Infosys McCamish Systems LLC, along with claims involving some of McCamish’s customers.

Infosys recalled that in November 2023, McCamish had reached an agreement in principle with the plaintiffs in these cases. This was followed by another agreement in principle on March 13, 2025, outlining the terms for settling the class action lawsuits against McCamish as well as related cases involving its customers.

As part of the proposed settlement, McCamish agreed to contribute $17.5 million to a settlement fund. The court granted final approval for this arrangement on December 18, 2025. The company noted that if no appeal is filed within 30 days, the settlement will become effective and fully resolve all allegations without any admission of liability.

Also Read: IndiGo to Start ₹10,000 Compensation Payouts from December 26 After Mass Flight Cancellations

Infosys Share Price Performance

On December 19, 2025, Infosys share price closed 0.81% higher at ₹1,639.60, after touching a day high of ₹1,655.00. Despite the recent uptick, the stock has declined about 13% so far this year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.