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Shares of the Infosys rose on Thursday after the company said that the French Autorité des marchés financiers (AMF) has approved the Company's prospectus for admission of its American Depositary Shares for listing and trading on the Professional Segment of NYSE Euronext Paris.
Infosys' American Depositary Shares are scheduled to begin trading on the Euronext exchanges and to be admitted to the Official List of the UKLA on February 20, 2013.
The Company's American Depositary Shares will trade under the symbol "INFY" and be denominated in Euros on the Euronext exchanges. This listing will not alter Infosys' share count, capital structure, or current stock listing on the New York Stock Exchange (NYSE), where it also trades under the symbol "INFY".
As an NYSE listed company, Infosys Limited obtained its cross listing on the NYSE Euronext Paris Professional Segment through the Fast Path program.
Shares of the company rose 1.20% at RS 2822 on Bse at 11.05 am IST. It touched an intraday high of Rs 2825.
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