5-month-old grandson of Narayana Murthy is expected to get Rs 4.2 crore when Infosys declares a dividend.

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Infosys Announces Dividend

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Generational Wealth Transfer

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Impact on Murthy's Holdings

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Family and Business Dynamics

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5-month-old grandson of Narayana Murthy is expected to get Rs 4.2 crore when Infosys declares a dividend.

Infosys Announces Dividend

Infosys declared a final dividend of Rs 20 per equity share and a special dividend of Rs 8 per share for FY 2023-24. Narayana Murthy's grandson stands to earn Rs 4.2 crore from the dividends.

Generational Wealth Transfer

Narayana Murthy gifted shares worth over Rs 240 crore to his five-month-old grandson, Ekagrah Rohan Murty. This move highlights the tradition of wealth transfer within the family.

Impact on Murthy's Holdings

With Ekagrah's acquisition, Narayana Murthy's stake in Infosys decreased to 0.36%. Despite the off-market transaction, Infosys shares' value declined, affecting the overall value of Ekagrah's holdings.

The birth of Narayana Murthy's grandson marks another milestone for the Murthy family. Infosys' financial forecasts reflect ongoing global economic challenges, impacting client spending and revenue projections.

Family and Business Dynamics