6 days ago
Narayana Murthy's 18-month-old grandson earns ₹6.5 crore in Infosys dividends: Report
Infosys co-founder Narayana Murthy's 18-month-old grandson, Ekagrah Rohan Murty, earned ₹6.5 crore in dividends from his shares, reported the Times of India (TOI). Murthy gifted shares worth over ₹240 crore to Ekagrah when he was just four months old. As per a report in 2024, after this, the toddler had a 0.04 per cent stake in one of the largest information technology services companies in India.
Infosys' latest dividend payout was ₹43 per share, which translated into ₹2,330 crore divided among the stakeholders who collectively hold 54.2 crore shares.
According to TOI, Nandan Nilekani, the company's chairman, earned ₹175 crore in dividends from his 4 crore shares. Co-founder Narayana Murthy earned ₹65 crore in dividends from his 1.5 crore shares.
The payout also saw Kris Gopalakrishnan, with 3.2 crore shares, receive dividends of ₹137 crore. Sudha Gopalakrishnan, the highest individual shareholder in the company, received ₹410 crore in dividend earnings from 9.5 crore shares.
Besides these promoters, the children of Narayana Murthy and Sudha Murty also received substantial dividend earnings. While Rohan Murty earned ₹261.5 crore in dividends from his 6 crore shares, Akshata Murty, wife of former British Prime Minister Rishi Sunak, yielded ₹167 crore from her 3.8 crore shares.
According to the TOI report, the third generation of promoters, Nikita and Milan Shibulal Manchanda, each hold 61 lakh shares and earned ₹26.3 crore in dividends.
Tanush Nilekani Chandra, with 33.5 lakh shares, received ₹14 crore. Ekagrah Rohan Murty, the youngest among all, yielded ₹6.5 crore from 15 lakh shares.
