Old National Bancorp, he largest financial services bank holding companyheadquartered in Indiana, and Infosys announced a strategic partnership that will enable faster adoption of digital solutions, modernize ONB's existing technology infrastructure, and enhance both the client and employee experience.

Infosys will provide best-in-class digital solutions to help transform Old National Bank's technologylandscape. The technology enhancement will drive digital transformation and innovation, and provideadvanced automation capabilities to increase speed to market and deliver a consistent and superior“ONB experience.” This approach aligns with Old National Bank's key objective of becoming a topperformingindependent bank, accelerating growth in commercial banking, deepening relationships byoffering a distinctive client-centric value proposition. The partnership will further streamline Old NationalBank's operating model, and simplify client-facing and internal processes.

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Infosys on Wednesday said that the Q1 results will be declared at around 3:45 p.m. on 15 July 2020. Following the release, the leadership team will be part of a common press conference at 4:30 p.m. Executives will address questions from the media which will be streamed live on the investor relations section of company's website.

The company's consolidated net profit (after minority interest) fell 3.1% to Rs 4,321 crore on 0.8% rise in revenues to Rs 23,267 crore in Q4 March 2020 over Q3 December 2019. On a consolidated basis, operating profit fell 2.7% to 4,927 crore in Q4 March 2020 over Q3 December 2019. Operating margin stood at 21.2% in Q4 March 2020 lower than 21.9% in Q3 December 2019.

Shares of Infosys were up 0.76% at Rs 780.50 on BSE. Infosys is engaged in the business of offering digital and consultancy services.

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Infosys has allotted 141,755 fresh equity shares on 06 July 2020, comprising 910 equity shares allotted pursuant to exercise of RSU's under ADR issuance by eligible employees under the 2015 Stock Incentive Compensation Plan and 1,40,845 equity shares allotted pursuant to exercise of Restricted Stock Units by eligible employees under the Infosys Expanded Stock Ownership Program 2019.

Consequently, on July 6, 2020, the Issued and Subscribed Share Capital of the Company stands increased to Rs 21,29,64,81,915 /- divided into 4,25,92,96,383 Equity Shares of Rs 5/- each.

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Infosys will announce its first quarter result ended 30 June 2020 on 15 July 2020 around 3.45 pm IST.

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