Infosys co-founder S D Shibulal buys company shares worth Rs 100 crore from wife

NEW DELHI: Infosys co-founder S D Shibulal has bought shares worth Rs 100 crore of the IT major from wife Kumari Shibulal through an open market transaction.

“We are hereby informing you about the sale of 7,45,150 equity shares (representing 0.02 per cent) of Infosys to S D Shibulal by way of block sale on the platform of the stock exchange on May 24, 2021,” Kumari Shibulal said in a regulatory filing.