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Narayana Murthy s 5-month-old grandson set to pocket Rs 4 2 crore as Infosys announces dividend

On April 18, Infosys said its Board recommended a final dividend of Rs 20 per equity share for the financial year ended March 31, 2024 and additionally a special dividend of Rs 8 per equity share


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Narayana Murthy s five-month-old grandson to earn Rs 4 2 cr with Infosys bumper dividend

Narayana Murthy s five-month-old grandson to earn Rs 4 2 cr with Infosys bumper dividend
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Millionaire baby gets richer! Narayana Murthy s grandson to earn Rs 4 crore from Infosys dividend

Murthy s grandson owns 15 lakh shares or 0.04% stake in the Bengaluru-based software services exporter. At today s market price of Rs 1,400, the value of his holding comes to Rs 210 crore. The record date for the payment of the final dividend and a special dividend has been fixed at May 31, while the payment will be made on July 1.

Narayana Murthy s 5-month-old grandson earns Rs 4 2 crore as Infosys announces dividend

With the announcement of Q4 results on Thursday, Infosys has declared a final dividend of Rs 20 and a special dividend of Rs 8, i.e. a total dividend of Rs 28 to its shareholders.

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