• Rajasthan

    Cong 99
    BJP 81
    RLM 0
    OTH 19
  • Madhya Pradesh

    Cong 112
    BJP 97
    BSP 4
    OTH 8
  • Chhattisgarh

    Cong 53
    BJP 26
    JCC 9
    OTH 1
  • Telangana

    TRS-AIMIM 82
    TDP-Cong 25
    BJP 6
    OTH 6
  • Mizoram

    MNF 25
    Cong 10
    BJP 1
    OTH 4

* Total Tally Reflects Leads + Wins

Whistleblower approaches Sebi on Panaya acquisition

By: | Published: May 24, 2018 1:24 AM

In the letter, the whistleblower has also questioned the mutual release of claims with former chairman R Seshasayee and Jeff Lehman, the earlier head of nominations and remunerations committee of the board.

sebi, security and exchange board of indiaA whistleblower has approached market regulator Securities and Exchange Board of India (Sebi) urging it to direct Infosys to release the investigation report relating to Panaya acquisition to the shareholders.

In the letter, the whistleblower has also questioned the mutual release of claims with former chairman R Seshasayee and Jeff Lehman, the earlier head of nominations and remunerations committee of the board.

“While the company still refuses to release the investigation report, they had quietly revealed in the annual report that they had signed agreements for mutual release of claims with Seshasayee, the earlier chairman of the board and Jeff Lehman, who was earlier head of nominations and remunerations committee of the board,” the whistleblower has said in the letter.

Earlier in its annual report for the financial year 2017-18, Infosys had said that it had signed an indemnification and mutual release agreement.

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