India's second-largest IT company, Infosys, welcomes the youngest addition to their stakeholders - a mere 4-month-old. On Monday, Infosys co-founder, N.R. Narayana Murthy, bestowed upon his grandson, Ekagrah Rohan Murthy, stocks valued at 240 crore rupees. With this generous gift, Ekagrah has become India's youngest millionaire. Let's dive into the details of who holds what within Infosys' Murthy family...
Ekagrah Rohan Murthy
First and foremost, let's explore the newest stakeholder in Infosys, Ekagrah Rohan Murthy, who is Narayana Murthy's grandson by his son Rohan Murthy. Ekagrah is currently 4 months old, and with the transfer of 15 lakh shares from his grandfather, his net worth has soared to 240 crores, resulting in a 0.04 percent ownership in Infosys according to the stock exchange filings.
N.R. Narayana Murthy
Founder of Infosys in 1981, N.R. Narayana Murthy had a 0.40 percent stake in the company as of December 2023. After gifting 0.04 percent of his shares to his grandson Ekagrah, he now retains a 0.36 percent share, owning approximately 1.51 crores of Infosys stocks.
Sudha Murthy
Sudha Murthy, the wife of Infosys co-founder N.R. Narayana Murthy, is a renowned businesswoman and author. She holds a 0.93 percent stake in Infosys, translating to 3,45,50,626 stocks. Recently nominated for the Rajya Sabha, Sudha Murthy's significant contribution to the business and literary world is now extending into political realms.
Akshata Murthy
Akshata Murthy, the daughter of Narayana and Sudha Murthy, is married to the UK Prime Minister, Rishi Sunak, making them in-laws to a prominent political figure. Akshata himself holds a significant 1.05 percent stake in Infosys, with 3,89,57,096 shares. It's noteworthy that Akshata and her husband Rishi Sunak have two daughters.
Rohan Murthy
Like his sister, Rohan, the son of Narayana and Sudha Murthy, is the owner of a substantial chunk of Infosys shares. With 6,08,12,892 shares, he owns a 1.64 percent stake. Rohan resides in London, managing his own business, and is the founder and CTO of the AI company, Soroco. Reports suggest Soroco's revenue in 2022 was around 150 crores. Rohan holds a Ph.D. in Computer Engineering from Harvard University.
