Infosys to list on NYSE Euronext tomorrow

Software services major Infosys will get listed on NYSE Euronext London and Paris markets tomorrow, becoming the first Indian company to be admitted to trade on the leading global bourse.

Infosys CEO and Managing Director S D Shibulal will be in London to mark the first cross listing of an Indian company, a company statement said.

"Listing on NYSE Euronext enables UK, French and other European investors to have direct access to Infosys ADS. It is a testament to the strong relationship between Indian and the UK and allows UK investors to benefit from the India growth story," Shibulal said.

Infosys began trading on the NYSE on December 12, 2012 and trades under the ticker symbol INFY. Infosys will also trade on NYSE Euronext under the ticker symbol INFY.

Commenting on the development, UK Prime Minister David Cameron said: "Infosys is a great example of Indian investment in the UK and I am delighted that they will be the first Indian company to be admitted to trade on NYSE Euronext London this week."

Bangalore-based Infosys was founded in 1981 by seven people and today has revenues of over USD 7 billion and employs more than 1.55 lakh people.

The globalisation of the Indian technology sector was pioneered by Infosys that now represents 24 per cent of Indian exports and 13 per cent of BSE benchmark index Sensex.

The Euronext listings are intended to attract investors based outside of India and the US, particularly in Europe, to provide greater access to Infosys' ADS among European fund managers.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Amidst Sino-Indian bonhomie, the Tibet issue cannot be wished away

    Tibet did not figure in the three-day high-level meetings between India and the People’s Republic of China (PRC).

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: Intertemporal choices

Intertemporal choice is the study of the relative value people ...

Parvez Imam

Why we all have blood on our hands

What does the Jammu and Kashmir flood make us think? ...

Dharmendra Khandal

The peculiar possibilities of animal poop

You can tell a lot about an animal by its ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture