Infosys fined €175,000 by French Authority for Working Time System Non-Compliance
Infosys Limited was fined €175,000 by the French authority DRIEETS Île-de-France. The penalty is due to non-compliance in the company's working time recording system with French legal requirements. The company stated there is no material impact on its financials or operations.
The company explicitly stated that there is no material impact on its financials, operations, or other activities.
The company has been fined by a regulatory authority, which is a negative development.
Infosys Limited has received a communication from DRIEETS Île-de-France, a French authority, regarding a penalty of €175,000. The authority cited shortcomings in Infosys' working time recording system, stating it did not fully comply with French legal requirements due to issues with reliability, auditability, and monitoring capabilities for certain employee categories.
The communication was received on July 24, 2026, at 15:30 IST. The company has stated that this action has no material impact on its financials, operations, or other activities. The delay in disclosure was attributed to the company's process of verifying the veracity of the communication and determining further steps.
This information will be hosted on the company's website at www.infosys.com.
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