Infosys @ Latest News: Infosys ADR issue only in 2005-06

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Friday, February 25, 2005

Infosys ADR issue only in 2005-06

The proposed sponsored secondary American depositary receipts issue of Infosys Technologies Ltd is likely only in the next financial year after the company details its guidance for 2005-06.

The company has not decided on the date for the offering yet. Also, Infosys has not yet decided on the timing of the road shows for the issue.