Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore

Infosys block deal on March 12: Shruti Shibulal, one of Infosys’s promoters, acquired additional shares of India’s second-largest information technology (IT) giant on Wednesday, March 12, through an open market transaction for ₹469 crore. According to NSE block deal data, she bought 29.84 lakh Infosys shares.

Shruti is the daughter of Infosys co-founder and former CEO SD Shibulal. According to NSE data, the shares were bought at an average price of ₹1,574 apiece, bringing the deal value to ₹469.69 crore.