Infosys , one of India's leading IT services companies, saw its US-listed shares decline following President Donald Trump's executive order imposing new restrictions on H-1B visas. The move has sent ripples through the Indian IT sector, which heavily relies on these visas for its operations in the United States.

Impact on Infosys and Other IT Giants

Infosys' American Depositary Receipts (ADRs) fell by 4.00% in response to the news, while fellow Indian IT major Wipro saw its ADRs drop by 2.00%. The executive order introduces new hurdles for H-1B visa applications, including a substantial $100,000 payment requirement for petition applications, with the possibility of denial for non-payment.

Analysts' Perspective

While the new restrictions present a significant challenge, industry analysts do not view them as an existential threat to Indian IT companies. The impact is expected to be manageable, albeit potentially costly for firms like Infosys that have a significant presence in the North American market.

Market Implications

• North America accounts for one-third to two-thirds of revenue for many Indian IT firms, underscoring the importance of the U.S. market.
• The Nifty IT index had seen gains of 1-3% in the previous week, but the new visa restrictions may affect market sentiment when Indian markets open.
• Current H-1B visa holders in the United States are not immediately impacted by these new rules.

Looking Ahead

As the Indian IT sector grapples with these new challenges, companies like Infosys may need to reassess their staffing strategies and operational models in the U.S. market. The industry will be closely watching for any further developments or clarifications regarding the implementation of these new visa restrictions.

Upcoming Infosys Board Meeting

In related news, Infosys has announced a board meeting scheduled for October 15 and 16, 2025. The meeting agenda includes:

1. Approval of audited consolidated financial results for Q2 FY2026
2. Approval of audited standalone financial results for Q2 FY2026
3. Consideration of interim dividend declaration

Infosys plans to hold investor and analyst calls on October 16, 2025, to discuss the financial results and provide a business outlook. This meeting, while not directly related to the visa restrictions, will likely address any potential impacts on the company's operations and strategies moving forward.

Infosys Limited (NSE: INFY), a global leader in next-generation digital services and consulting, has scheduled a crucial board meeting for October 15-16, 2025, to review its financial performance and consider an interim dividend.

Financial Results Review

The Board of Directors will convene to approve the audited consolidated and standalone financial results for the quarter and half-year ending September 30, 2025. These results will be prepared in accordance with both Indian Accounting Standards (INDAS) and International Financial Reporting Standards (IFRS).

Key Agenda Items

1. Consolidated Financial Results: The board will review and approve the audited consolidated financial results of Infosys and its subsidiaries under INDAS.

2. Standalone Financial Results: Approval of the company's standalone financial results as per INDAS.

3. IFRS Compliance: The meeting will also cover the approval of financial statements compliant with IFRS standards.

4. Interim Dividend Consideration: The board will deliberate on the declaration of an interim dividend, if any.

Meeting Schedule

Investor and Analyst Call

Infosys has announced that it will host investor and analyst calls on October 16, 2025, following the board meeting. These calls will provide an opportunity for stakeholders to discuss the financial results for the quarter ending September 30, 2025, and gain insights into the company's business outlook.

Additional Information

The company has stated that detailed information regarding the investor and analyst calls will be published on the Infosys website in due course.

This announcement underscores Infosys' commitment to transparency and timely communication with its shareholders and the broader investment community. Investors and analysts will be keenly watching for the Q2 FY2026 results and any potential dividend announcement, which could provide valuable insights into the company's financial health and future prospects in the ever-evolving IT services landscape.