Placeholder canvas

Narayana Murthy Gifts Four-Month-Old Grandchild Rs 240 Crore Worth Of Infosys Shares

Date:

New Delhi: Renowned entrepreneur and co-founder of Infosys, NR Narayana Murthy, has once again seized the spotlight. Murthy has gifted shares valued at over ₹240 crore to his four-month-old grandson, Ekagrah Rohan Murty, making Ekagrah one of India’s youngest millionaires even before taking his first steps.

HIGHLIGHTS:

  • As per an exchange filing, Ekagrah owns 15,00,000 shares of Infosys, amounting to a 0.04 percent stake in the company.
  • Ekagrah, born in November 2023 to Rohan Murthy and Aparna Krishnan, is the third grandchild of Narayan and Sudha Murty.
  • From its humble beginnings with an initial investment of ₹10,000 in 1981, Infosys has emerged as India’s second-largest tech company.
  • Murthy’s stake in the tech company has now decreased from 0.40 percent to 0.36 percent, amounting to 1.51 crore shares.

Click here for Latest Fact Checked News On NewsMobile WhatsApp Channel

For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Vicky Kaushal, Sara Ali Khan’s ‘Zara Hatke Zara Bachke’ All Set For OTT Release

Exciting news for movie buffs! After a year-long wait,...

IPL 2024: Jake, Shai, Tristan Shine As Delhi Capitals Post 257/4 Against Mumbai Indians

New Delhi: Jake Fraser-McGurk's explosive half-century, supported by quick...

Fact Check: Don’t Fall For This AI-Generated Picture Of Spilled Cash

A picture of a cash van is being shared...

Two CRPF Personnel Killed, Two Injured in Suspected Insurgent Attack in Manipur

New Delhi: A suspected insurgent attack in Manipur's Bishnupur...