Infosys co-founder Narayana Murthy gifted shares value Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an trade submitting, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake within the firm. The present was handed in an off-the-market transaction on Friday.
Now, Murthy’s shares have dropped to 0.36 per cent from 0.40 per cent. Murthy grew to become a grandparent after son Rohan and his spouse Aparna Krishnan welcomed a child boy. Ekagrah is the third grandchild of the Murthy’s after their daughter Akshata Murty’s two daughters.
The infant was named Ekagrah, a Sanskrit phrase which means unwavering focus and dedication. The household was reportedly impressed by Arjuna’s “ekagrah” within the Mahabharata.
In the meantime, Sudha Murty holds a 0.83 per cent stake in IT bellwether Infosys which at present costs is value near Rs 5,600 crore. Based on the newest shareholding filed by Infosys with the BSE, she holds 3.45 crore shares of the corporate.
On the final closing worth of Rs 1,616.95 on the BSE, Murty’s holding in Infosys is presently value Rs 5,586.66 crore.
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