In line with the alternate submitting, the 77-year-old IT veteran mentioned that he transferred 0.04 per cent stake or 15 lakh shares, to his grandson in an off-market transaction on Friday.
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Following this, Murthy’s holding within the tech firm dropped from 0.40 per cent to 0.36 per cent.
As Infosys shares closed at ₹1,602.30 apiece on BSE, the four-month-old Ekagrah Murty gained a fortune of ₹240.34 crore. Ekagrah was born in November 2023 to Rohan Murthy (son of Narayana Murthy) and Aparna Krishnan.
In line with the December quarter shareholding obtainable with exchanges, Murthy owns 1.66 crore shares or 0.40 per cent stake in Infosys and comes underneath the promoter class. With this switch, Ekagrah Rohan Murty may even develop into a promoter of Infosys.
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Earlier in 2021, Nandan Nilekani’s grandchildren Tanush Nilekani Chandra (with 0.08 per cent) and Shray Chandra (0.02 per cent) grew to become promoters of Infosys, due to the reward from their mom Janhavi Nilekani.
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