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Regulatory filings present that 77-year-old Murthy gifted 15 lakh shares or 0.04% stake to his grandson in an off-market transaction final Friday. After the present was executed, the Infosys co-founder’s holding within the IT firm fell to 0.36%.
At at the moment’s worth of Rs 1,620 on BSE within the afternoon, Ekagrah has amassed a fortune of Rs 243 crore.
Ekagrah was born to Infosys Founder NR Narayana Murthy’s son Rohan Murthy and daughter-in-law Aparna Krishnan on November 10 final yr in Bengaluru.
Rohan has a Ph.D. in pc science from Harvard College and runs Boston-headquartered software program agency Soroco. Aparna, alternatively, heads Murty Media.
Ekagrah is the third grandkid of Narayana Murthy and spouse Sudha Murthy who took oath as a Rajya Sabha MP final week.Additionally learn | IT companies corporations could roll out 8.4-9% wage hikes this yearBengaluru’s iconic couple have two different grandchildren – Krishna and Anoushka – daughters of Akshata Murty and British Prime Minister Rishi Sunak.
On the finish of the December quarter, Akshata owned 1.05% stake in Infosys, Sudha 0.93% and Rohan 1.64%.
Murthy had began Infosys approach again in 1981 together with six different co-founders. Apart from Ashok Arora, who left the software program companies exporter in 1989 to quiet down within the US, all of the co-founders at the moment are billionaires.
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