Infosys Shares Slide Over 2 Percent after Tax Penalty Disclosure

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Mumbai, January 5, 2026 Infosys Limited (NSE: INFY, BSE: 500209) shares were trading over 2 percent lower in early trade on Monday, with the decline coming amid investor reaction to a recent regulatory disclosure related to a tax penalty demand.
At around 9:36 am IST, the stock was quoting at ₹1,597.80, down ₹42.60 or 2.60 percent from its previous close of ₹1,640.40.

Stock Performance Snapshot​

ParticularsValue
Previous Close₹1,640.40
Open₹1,637.00
Intraday High₹1,637.00
Intraday Low₹1,593.90
VWAP₹1,613.46
Last Traded Price₹1,597.80
The stock witnessed sustained selling pressure through the morning session, slipping close to the intraday low.

Recent Tax Penalty Communication​

The weakness in Infosys shares follows a company communication dated January 2, 2026, in which the company informed stock exchanges about receiving a penalty demand of ₹40.72 lakh from the Deputy Commissioner of Commercial Taxes .
The demand relates to an alleged mismatch in credit notes declared in GSTR-1 versus GSTR-9 for the financial year 2018–19. The company, however, clarified that the penalty does not have any material impact on its financials, operations, or other activities.

About the Company​

Infosys Limited is a global IT services and consulting major offering digital transformation, cloud, and enterprise solutions to clients worldwide. The company is listed on the NSE and BSE and also trades on international exchanges through ADRs.

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