Infosys says not aware of any fresh complaints

Asia’s second largest IT services provider Infosys Ltd on Friday said it is not aware of any additional complaints against the company’s management over alleged accounting malpractices. The clarification comes following reports of a fresh class action lawsuit filed against the firm.

“The company is aware of several media stories referencing an additional securities class action lawsuit against Infosys. The company is not aware of any additional complaints, other than the initial complaint, which was disclosed on 24 October 2019,” the company said in a regulatory filing.

At 10:13 am, shares of Infosys traded 0.68% higher at ₹706.60 on the BSE.