Read more about S D Shibulal again buys Infosys shares worth Rs 100 crore from wife on Business Standard. Infosys co-founder S D Shibulal bought the shares of the IT major from wife Kumari Shibulal through an open-market transaction, for a second time this week
Infosys Ltd., has purchased Rs 100 crore worth of company shares from wife Kumari Shibulal for the second time this week. We are hereby informing you about purchase of 722,545 equity shares (representing 0.02%) of Infosys from Kumari Shibulal by way of block sale on the platform of the stock exchange on May 27, 2021, Shibulal said in a regulatory filing on Friday. Post the transaction, SD Shibulal s stake in Infosys has gone up to 0.12%, while Kumari Shibulal s stake stands at 0.14%.
This is the second time in a week that Shibulal has purchased Infosys shares worth Rs 100 crore from his wife through an open market transaction. So far in May, SD Shibulal had purchased the firm s scrips worth Rs 100 crore on May 12, Rs 100 crore on May 19, and Rs 100 crore on May 24 through open market deals.
Infosys co-founder SD Shibulal again buys company shares worth Rs 100 crore
Shibulal acquired more than 7.22 lakh shares at an average price of Rs 1,384 per share, according to BSE block deal data
BusinessToday.In | May 28, 2021 | Updated 14:02 IST
Shibulal and Kumari are the promoters of the IT major. They held 0.05 per cent stake and 0.21 per cent stake in the company, respectively at the end of March 2021 quarter.
SD Shibulal, co-founder of IT major Infosys, on Thursday bought shares worth Rs 100 crore of the Bengaluru-based IT firm through an open market transaction.
Shibulal acquired more than 7.22 lakh shares at an average price of Rs 1,384 per share, according to BSE block deal data. As per a separate transaction, Shibulal s wife Kumari offloaded over 7.22 lakh shares at the same price of Rs 1,384 apiece.
Read more about S D Shibulal again buys Infosys shares worth Rs 100 crore via open mkt on Business Standard. Infosys co-founder S D Shibulal on Thursday picked shares worth Rs 100 crore of the firm through an open market transaction.