Infosys has received approval for the voluntary delisting of its American Depositary Shares (ADSs) from the Euronext Paris and Euronext London exchanges. The company has received approval from the Board of Directors of Euronext Paris SA and Euronext London.
The primary reason for this delisting is the low average daily trading volume of Infosys ADSs on Euronext Paris and Euronext London, which is not commensurate with the related administrative requirements. During the 5-year period of the listing on Euronext Paris and Euronext London, the average daily trading volume of Infosys ADSs was significantly lower than its average daily trading volume on the New York Stock Exchange.
Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.
