Narayana Murthy gifts four-month-old grandchild shares worth Rs.240 crore

Ekagrah Rohan Murty is yet to stand on his feet, but this four-month-old baby is already a millionaire. The son of Rohan Murty and Aparna Krishnan and grandson of Infosys founder Narayana Murthy and Sudha Murty, Ekagrah owns 0.04 per cent stake in Infosys.

Narayana Murthy gifted his third grandchild 15 lakh shares worth Rs 240 crore.

According to a regulatory filing, the Infosys founder gifted the shares to his grandson in an off-market transaction.

Murthy’s share in the company was reduced to 0.36 per cent after this gift to his grandson.

The Murthy couple has two other grandchildren, Krishna Sunak and Anoushka Sunak, daughters of British Prime Minister Rishi Sunak and Akshata Murty.

Meanwhile, shares of Infosys declined nearly two per cent on Monday, to settle at Rs 1,601.80.

Image courtesy of ndtv.com

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