Narayana Murthy gift to four-month-old grandson: ₹240 crore shares in Infosys. Is he a millionaire already? - Hindustan Times

Narayana Murthy gift to four-month-old grandson: 240 crore shares in Infosys. Is he a millionaire already?

Mar 19, 2024 10:35 AM IST

Narayana Murthy's stake in Infosys has now reduced to 0.36 per cent from 0.40 per cent after the gift to his four-month-old grandson Ekagrah Rohan Murty.

Infosys founder NR Narayana Murthy gifted shares worth over 240 crore to his four-month-old grandson Ekagrah Rohan Murty. With this Ekagrah Rohan Murty has 15,00,000 shares, or 0.04 per cent stake, in India's second-largest information technology services company, as per an exchange filing. Following this, Narayana Murthy's share in Infosys reduced to 0.36 per cent from 0.40 per cent- over 1.51 crore shares. 

Narayana Murthy
Narayana Murthy

Read more: Binny Bansal invests 200 crore more in startup Curefoods of ex-Flipkart executive: What we know

What we know about Narayana Murthy's grandchildren?

In November, Narayana Murthy and Sudha Murty became grandparents as their son Rohan Murty and wife Aparna Krishnan welcomed a baby boy. The newborn is the third grandchild of the Murthys who are grandparents to the two daughters of UK PM Rishi Sunak and Akshata Murty.

Unlock exclusive access to the latest news on India's general elections, only on the HT App. Download Now! Download Now!

Narayana Murthy's Infosys journey

Narayana Murthy founded Infosys in 1981. The company was listed on Nasdaq in March 1999 and in a statement released at the time, Narayana Murthy had said that the Nasdaq listing would help the company attract the best available talent.

Read more: Google techie ‘abused’ by Bengaluru Uber driver: ‘Told me to get out of car when…’

Narayana Murthy on his proudest moment

Recently, Narayana Murthy shared this as his proudest moment saying at the India Today Conclave 2024, “When I sat in front of those scorching lights on a high stool in Nasdaq when we became the first Indian company to be listed on Nasdaq. I think that was, in some sense, we were doing something that had not be done at all by an Indian company.”

Read more: Dell's message to employees: No promotion if you are working from home

Narayana Murthy on his biggest regret

Talking about his biggest regret, Narayana Murthy said that there were a few bold initiatives that were not taken by him.

"I don't know if I have any regrets, because right from day one, we operated as an enlightened democracy. There were certain highly daring things that we didn't do. We could have done them if we didn't operate like a true democracy. So to some extent, maybe our growth was somewhat less than what we could have achieved. It's not a regret, but it's one," he said.

Tell us what your First Vote will stand for in a short video & get a chance to be featured on HT’s social media handles. Click here to know more!

Get Current Updates on India News, Elections 2024,, Election 2024 Date along with Latest News and Top Headlines from India and around the world.
Share this article

    Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.

Story Saved
Live Score
Saved Articles
My Reads
Sign out
New Delhi 0C
Tuesday, May 21, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On