Narayana Murthy has bestowed upon his grandson, Ekagrah, an extraordinary gift that has captured headlines. Ekagrah, the son of Narayana Murthy’s son Rohan Murty and daughter-in-law Aparna Krishnan, entered the world just four months ago in Nov 2023.
Narayana Murthy, the co-founder of Infosys, orchestrated a profound gesture by gifting his grandson a staggering 15 lakh shares of Infosys, valued at an astonishing Rs 240 crore. This turns the kid to be the youngest millionaire in India. This remarkable act of benevolence was unveiled through recent regulatory filings, which disclosed the transfer of shares equivalent to a 0.04% stake in the esteemed IT services giant.
About Narayana Murthy
Birth Date | 20 August 1946 (age 77) |
Famous For | Founder and Chairmen of Infosys |
Wife | Sudha Murthy (1978) |
Children | Akshata Murthy Rohan Murthy |
Net worth | $4.7B (in ₹39,792 crore) |
Founded Infosys in | 1981 |
About Infosys
Infosys Limited is a big company in India that helps other businesses with technology and consulting services. It was started in Pune and now has its main office in Bangalore. Infosys is the second biggest IT company in India, right after Tata Consultancy Services, based on how much money it makes. In August 2021, Infosys became the fourth Indian company ever to be worth over US$100 billion. It’s also considered one of the top Big Tech companies in India.
About Infosys share price
From ₹61 in 2004 to its closing price of ₹1602 on March 18, 2024, Infosys has surged more than 26 times in value over 20 years. This means that if you had invested ₹1 Lakh in Infosys in 2004, it could now be worth over ₹26 lakhs in share price alone. When you factor in dividends, your total gains could have exceeded ₹50 lakhs over the 20-year period.