Not Just Narayana Murthy, These Other Infosys Co-founders' Grandkids Too Are Millionaires
Infosys co-founder Narayana Murthy recently made headlines by gifting 15 lakh Infosys shares worth Rs 240 crores to his four-month old grandson Ekagrah who was born to Rohan Murty and Aparna Krishnan in November last year. But did you know that Narayana Murthy is neither the first nor the only co-founder of Infosys whose grandkids own Infosys shares? Here are other Infosys co-founders whose grandchildren own Infosys shares.
Infosys co-founder Narayana Murthy recently made headlines by gifting 15 lakh Infosys shares worth Rs 240 crores to his four-month old grandson Ekagrah, who was born to Rohan Murty and Aparna Krishnan in November last year.
But did you know that Narayana Murthy is neither the first nor the only co-founder of Infosys whose grandkids own Infosys shares? Here are other Infosys co-founders whose grandchildren own Infosys shares.
Infosys Co-founders Whose Grandkids Have Stake In Infosys
In the year 2021, Infosys co-founder Nandan Nilekani's promoter group added a new member in the form of his grandson Tanush Nilekani Chandra, who received 7.7 lakh Infosys shares which were transferred by Nilekani's daughter Janhavi.Nilekani¡¯s grandson Tanush currently holds a 0.09% stake in Infosys, whereas Janhavi Nilekani holds 0.23%.
Similarly, another Infosys co-founder, S D Shibulal (Sarojini Damodaran Shibulal) and his daughter Shruti Shibulal had previously transferred shares worth Rs 2,327 crore to Shibulal's grandson Milan Shibulal Manchanda and other family members. Milan currently owns a 0.19% stake in Infosys, as per TOI report. Nikita Shibulal Manchanda also holds 0.19% stake in the IT giant, whereas Sarojini Damodaran Shibulal holds 0.16% stake. SD Shibulai¡¯s daughter in law Bhairavi Madhusudhan Shibulal too holds 0.16% stake in Infosys. On the other hand, Shreyas Shibulal, who is SD Shibulai¡¯s son and Bhairavi¡¯s husband, holds a higher stake of 0.57% in Infosys.
Shruti's daughter, Nikita Shibulal Manchanda, also holds over 69 lakh shares, representing another 0.19% stake in Infosys.
Also Read: Not Narayana Murthy, This Man Was Infosys' First Ever Employee
How Much Stake Does Murthy Family Own In Infosys?
After this gift, Narayana Murthy's stake in Infosys has come down from 0.40% to 0.36%.
Narayana Murthy¡¯s daughter Akshata Murty, also the First Lady of the UK, holds a 1.05% stake in Infosys, while her brother Rohan has a 1.64% stake, and their mother, Sudha Murty, owns a 0.93% stake.
Akshata Murty's two daughters reportedly do not have Infosys stake yet.
Who All Are Infosys¡¯ Seven Co-Founders?
Narayana Murthy, Nandan M. Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, and Ashok Arora are the seven co-founders of Infosys. Click here to know more about them.
For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here