Shibulal’s family member sells stake in Infosys

BENGALURU: Infosys co-founder SD Shibulal’s daughter-in-law Bhairavi Madhusudhan Shibulal has sold a portion of her holding in the company on the stock exchanges.

She held 60,21,716 shares, amounting to 0.15% of the total shareholding. In a regulatory filing, she said, “In terms of Regulation 29(2) of the Takeover Regulations, we are hereby informing you about the Sale of 3,61,302 equity shares (representing 0.01%) of Infosys Limited by way of Sale on the platform of the Stock Exchange on 15th May,2024.” Each share is priced at Rs 1,421.4376.