Young Millionaire: Narayana Murthy gifts 4-month-old grandson Infosys shares worth ₹240 crore
Infosys, has gifted his four-month-old grandson Ekagrah Rohan Murthy with shares of the company worth ₹240 crore. This in effect likely makes the infant India's youngest millionaire. Young Ekagrah now holds 15,00,000 shares, equivalent to a 0.04 percent stake, in India's second-largest information technology services company, as per a filing with the BSE.
Following this transaction, Murthy's own stake in Infosys has decreased from 0.40 percent to 0.36 percent, representing over 1.51 crore shares. The transfer of shares was conducted "off-market", the filing added. Also Read | What is Narayana Murthy's 'big regret?' about wife Sudha Murty, having family in business, son Rohan and more Narayana Murthy and Sudha Murty's son, Rohan Murthy, along with his wife, Aparna Krishnan, announced the arrival of their baby boy in November 2023.
The newborn, named Ekagrah, signifies unwavering focus and determination in Sanskrit. This addition marks the third grandchild for the Murty family, who also have two granddaughters born to their daughter, Akshata Murty and son-in-law Rishi Sunak. Also Read | Sudha Murty nominated to Rajya Sabha.
All you need to know about her Days after her nomination to the Upper House of Parliament, Sudha Murty took oath as a Rajya Sabha member in the chamber of Vice President Jagdeep Dhankhar on March 14. After taking oath as the Rajya Sabha MP, Murty said she wants to understand and study the topics she wants to raise in the Upper House of Parliament. When asked if the membership of the Parliament is a challenge or achievement for her, Sudha Murty said "I am neutral and happy.
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