In a significant move reflecting familial generosity and financial planning, Infosys co-founder Narayana Murthy made headlines by gifting his four-year-old grandson, Ekagrah Murty, shares worth a staggering Rs 240 crore in the company. This unprecedented gesture catapulted Ekagrah, the son of Narayana Murthy’s son Rohan Murty, into the elite league of millionaires at a remarkably young age.
The gift comprised 15 lakh shares, granting Ekagrah ownership of 0.04 percent of Infosys, one of India’s premier IT firms. However, Ekagrah is not the only family member holding a notable stake in the company.
Let’s delve into the ownership dynamics within the Murthy family:
Narayana Murthy himself holds a significant stake in Infosys, amounting to 0.40 percent of the company’s shares. Following the generous gift to Ekagrah, Narayana Murthy’s stake was reduced to 0.36 percent.
Sudha Murty, Narayana Murthy’s wife and co-founder of Infosys, possesses 0.93 percent of the company’s shares, equivalent to approximately 3.45 crore stocks as of 2023.
Akshata Murty, daughter of Narayana Murthy and Sudha Murty, boasts ownership of 3.89 crore Infosys stocks, representing a 1.05 percent stake in the company. Akshata Murty is renowned not only for her familial ties but also as the spouse of UK Prime Minister Rishi Sunak.
Rohan Murty, Narayana Murthy and Sudha Murty’s son, commands the highest shareholding within the family. With ownership of 6.8 crore Infosys shares, Rohan Murty’s stake stands at 1.64 percent.
In light of these statistics, it becomes apparent that while Ekagrah Murty’s gift garnered attention, it is Akshata Murty who holds the largest share of Infosys among Narayana Murthy’s family members. With each member contributing to the company’s ownership in their unique way, the Murthy family’s influence on Infosys remains substantial and enduring.