Infosys appoints Ashiss Kumar Dash as CEO-designate

According to the company, Dash will begin his role as CEO-designate with immediate effect. The Board has also approved its intention to appoint him as the Chief Executive Officer and Managing Director from April 1, 2027.

In Short

• Ashiss Kumar Dash named Infosys CEO-designate effective immediately
• Dash to become CEO and MD from April 1, 2027, subject to approvals
• Board approves grant of 9,836 RSUs for new hires from August 1, 2026

Infosys has named Ashiss Kumar Dash as its Chief Executive Officer (CEO)-designate. The company's Board approved the appointment on the recommendation of the Nomination and Remuneration Committee. Dash will serve as CEO-designate until March 31, 2027, before taking over as the company's CEO and Managing Director from April 1, 2027, subject to the required statutory approvals.

The company announced the decision after a meeting of its Board of Directors on Thursday.

CEO TRANSITION PLAN APPROVED

According to the company, Dash will begin his role as CEO-designate with immediate effect. The Board has also approved its intention to appoint him as the Chief Executive Officer and Managing Director from April 1, 2027.

Infosys said the appointment will come into effect after all statutory requirements are fulfilled.

The company also confirmed that Ashiss Kumar Dash is not debarred from holding the office of a director by any order passed by the Securities and Exchange Board of India (Sebi) or any other authority.

BOARD APPROVES FRESH RSU GRANTS

Apart from the leadership appointment, the Board also approved the grant of 9,836 Restricted Stock Units (RSUs) under the 2015 Incentive Compensation Plan to eligible new hires.

The company said these RSUs will be granted with effect from August 1, 2026, and will vest equally over a period of three years. The exercise price of the RSUs will be equal to the face value of the share.

SHARES ALLOTTED UNDER EMPLOYEE STOCK PLANS

Infosys also allotted 4,77,767 equity shares with a face value of Rs 5 each following the exercise of Restricted Stock Units by eligible employees.

Of the total shares allotted, 18,465 equity shares were issued under the 2015 Incentive Compensation Plan, while 4,59,302 equity shares were allotted under the Infosys Expanded Stock Ownership Program 2019.

Following the allotment, the company's issued and subscribed share capital has increased to Rs 20,29,02,82,985, divided into 4,05,80,56,597 equity shares of Rs 5 each, with effect from July 23, 2026.

- Ends