
Infosys Ltd has received a communication from a French authority regarding the collection of a €175,000 penalty linked to its employee working time recording system. The company stated that the matter does not have a material impact on its financial performance, operations or other business activities.
The communication was received on July 24, 2026 with the observations relating to compliance of the working time recording process for certain employee categories in France.
The action has been taken by DRIEETS Île-de-France (Direction régionale et interdépartementale de l'économie, de l'emploi, du travail et des solidarités).
According to the authority, Infosys' working time recording system did not fully meet French legal requirements, citing shortcomings in its reliability, auditability and monitoring capabilities for certain categories of employees.
Infosys said the communication pertains to a €175,000 penalty and added that there is no material impact on the company's financials, operations or other activities.
The company also stated that it was verifying the communication and determining the next steps after receiving it.
Infosys Ltd is a global digital services and consulting company that provides services across cloud computing, artificial intelligence, digital transformation, engineering, cybersecurity and enterprise applications.
The company serves clients across industries including financial services, manufacturing, retail, healthcare, telecommunications, and energy.
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As of 27 July 2026, at 12:55 PM, Infosys Ltd share price was trading at ₹1,078.80 per share, reflecting a surge of 3.64% from the previous trading session.
Infosys has received a communication regarding a €175,000 penalty from a French authority over its working time recording system. The company said the matter has no material impact on its financials, operations or other business activities.
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Published on: Jul 27, 2026, 1:13 PM IST

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