Shruti Shibulal buys Infosys shares price Rs 494 crore

Shruti Shibulal, daughter of Infosys co-founder and former CEO SD Shibulal, on Tuesday purchased the IT main’s shares price Rs 494 crore by means of an open market transaction. Based on the block deal information accessible on the Nationwide Inventory Trade (NSE), Shruti Shibulal, one of many promoters of Infosys, bought 29,84,057 shares of the Bengaluru-headquartered IT large.

The shares had been acquired at a median value of Rs 1,657 apiece, taking the transaction worth to Rs 494.46 crore.

In the meantime, Gaurav Manchanda, one of many members of the family of SD Shibulal, divested the identical variety of shares on the similar value.

Shares of Infosys fell 2.02 per cent on Tuesday to shut at Rs 1,667 apiece on the NSE.