Infosys co-founder Narayana Murthy recently showered his four-month-old grandson Ekagrah Rohan Murthy with a truly grand gift – shares in Infosys worth a whopping ₹240 crore! This generous gesture instantly makes Ekagrah the youngest millionaire in India.
Grandson Becomes a Shareholder
The young Ekagrah now holds a stake of 0.04% in Infosys, India’s second-largest IT services company. This translates to 1,500,000 shares, as per a filing submitted to the Bombay Stock Exchange (BSE). Consequently, Narayana Murthy’s own stake in the company has decreased slightly, from 0.40% to 0.36%. The transfer of shares happened “off-market,” as per the filing.
Infosys Founder’s Family Welcomes New Arrival
Ekagrah, whose name signifies unwavering focus and determination in Sanskrit, arrived in November 2023, bringing immense joy to the Murthy family. He is the third grandchild for the couple, with their daughter Akshata Murty and son-in-law Rishi Sunak having already blessed them with two granddaughters.
Sudha Murty Takes Oath as Rajya Sabha MP
Just days before this news, Sudha Murty, wife of Narayana Murthy, was nominated to the Rajya Sabha, the upper house of the Indian Parliament. Prime Minister Narendra Modi, acknowledging her significant contributions to social work, philanthropy, and education, announced her nomination on International Women’s Day. Sudha Murty took the oath as a Rajya Sabha member on March 14th.