The continuing shutdown of the US government is beginning to disrupt corporate activity for Indian companies with American exposure, as curtailed operations at US agencies delay clearances and filings required for cross-border actions.

Infosys and Hindalco are among those now facing procedural holdups as the Securities and Exchange Commission (SEC) and the Committee on Foreign Investment in the United States (CFIUS) are operating with limited staff.

Infosys, which announced a Rs 18,000-crore share buyback in early September, has yet to declare a record date for the exercise, though both shareholder approval and the SEC’s exemptive relief were obtained by mid-month.

The board cleared the buyback on September 11, and the SEC granted procedural exemptions the following day.

According t

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