Thursday, May 2, 2024

Narayana Murthy’s grandson gets richer! 5-month old Ekagrah Rohan Murty to earn Rs 4 crore from Infosys dividend



NR Narayana Murthy’s grandson earns Rs 4 crore from Infosys dividend! Ekagrah Rohan Murty, a five-month-old boy, has become even wealthier after receiving a dividend income of Rs 4.2 crore from his 15 lakh Infosys shares, which were gifted to him by his grandfather, billionaire NR Narayana Murthy, last month.
According to an ET report, the Infosys shares, currently valued at Rs 1,400 each, bring the total value of Ekagrah’s holding to Rs 210 crore.
Also Read | Millionaire grandchildren! Not just Narayana Murthy’s grandson, these Infosys co-founders’ grandkids also hold stake in company
Infosys announced a total dividend of Rs 28 per share, including a final dividend of Rs 20 and a special dividend of Rs 8, during the declaration of its Q4 results on Thursday. The record date for the payment of the dividends is set for May 31, with the payment to be made on July 1.
Born on November 10 last year in Bengaluru, Ekagrah is the son of Rohan Murty, who holds a PhD in computer science from Harvard University and runs the software firm Soroco, and Aparna Krishnan, who heads Murty Media. Ekagrah is the third grandchild of Narayana Murthy and Sudha Murty, who recently took oath as a Rajya Sabha MP.
Also Read | Infosys work from office mandate: Now, IT giant rolls out ‘In-Person Collab Weeks’ – here’s what the new initiative is about
The iconic Bengaluru couple has two other grandchildren, Krishna and Anoushka, who are the daughters of Akshata Murty and British Prime Minister Rishi Sunak. As of the December quarter, Akshata owned a 1.05% stake in Infosys, while Sudha and Rohan held 0.93% and 1.64%, respectively.
Narayana Murthy founded Infosys in 1981 along with six other co-founders. With the exception of Ashok Arora, who left the company in 1989 to settle in the US, all the co-founders have now attained billionaire status.





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