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Business Daily from THE HINDU group of publications Saturday, May 16, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1000 hrs (IST)
Info-Tech Infosys annual report available online for ADS holders BANGALORE: Infosys Technologies Limited announced that as in the previous year, it will avail NASDAQ's rule amendment which allows a company to furnish its annual reports to its ADS holders on its Web site in lieu of 'physical distribution.' Accordingly, the annual report on Form 20-F for the year ended March 31, 2009 filed with the Securities and Exchange Commission (SEC) on April 28, 2009, together with the Indian Annual Report is available on the Infosys Technologies website at www.infosy s.com. The financial statements included in the annual report on Form 20-F have been prepared in accordance with the International Financial Reporting Standards as issued by International Accounting Standards Board, (IFRS) using April 1, 2007 as the transition date. As per the rule amendment, the company will not be circulating physical copies of the annual report on Form 20-F or the Indian Annual Report to ADS holders. However, in compliance with the NASDAQ rule amendment, physical copies of Infosys' Annual Report on Form 20-F and the Indian annual report will be made available, at no cost, to ADS holders on request, Infosys said in a statement here. -PTI
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