Infosys Fined €175,000 by French Authority Over Compliance Issues Related to Working Time Records
Infosys Limited has faced a penalty following an action taken by a European authority regarding its working time recording system. The details pertain to non-compliance with French legal requirements concerning employee work monitoring.The fine and actions were initiated after communication was received from the DRIEETS Île-de-France (Direction régionale et interdépartementale de l'économie, de l'emploi, du travail et des solidarités).
Details of the Compliance Action
According to the report, the authority’s action, which included a total fine of €175,000, was recorded on July 24, 2026, at 15:30 IST. The violation centers on shortcomings in Infosys' working time recording system, which did not fully comply with French legal requirements concerning reliability, auditability, and monitoring capabilities for certain employee categories.A summary of the findings is provided below:
| Authority | Action Taken | Total Fine | Date of Receipt |
|---|---|---|---|
| DRIEETS Île-de-France | Orders passed/action taken | €175,000 | July 24, 2026 |
Financial and Operational Impact
Infosys Limited stated that there is no material impact on the company's financials, operations, or other activities resulting from this compliance issue.Regarding the delay in reporting the incident, the company explained that it was actively checking the veracity of the matter and determining appropriate next steps upon receipt of the communication from the authority.
INFY Stock Price Movement
Infosys Limited shares settled on Friday, slipping 0.80% to close at ₹1040.9, following a loss of ₹8.40 from its previous closing price. The equity saw considerable movement during the session, trading amidst a range and achieving a volume exceeding 29 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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