The 17-Month-Old Grandson of Narayana Murthy will Receive INR 3.3 Crore in Dividends from Infosys

For the fiscal year that ends in March 2025, Ekagrah Rohan Murty, the 17-month-old grandson of Infosys co-founder Narayana Murthy, is expected to receive INR 3.3 crore from the company's dividend. Rohan Murthy, Sudha Murty's son, and his wife, Aparna Krishnan, are the parents of Ekagrah. He owns 15 lakh Infosys shares, or 0.04% of the company. When he was four months old, Narayana Murthy gave him these shares. The shares were worth more than INR 240 crore at the time of the gift. Infosys announced a final dividend of INR 22 per share on April 17. Ekagrah would receive INR 3.3 crore from the dividend payment because he owns 15 lakh shares. This will bring his total dividend income to INR 10.65 crore thus far.

Ekagrah 3rd Grand Child of Narayana and Sudha Murty

Born in Bengaluru in November 2023, Ekagrah Rohan Murty joins siblings Krishna and Anoushka as the third grandchild of Narayana and Sudha Murty. Krishna and Anoushka are the daughters of UK Prime Minister Rishi Sunak and Akshata Murty. Ekagrah is among the youngest millionaires in India at one year and five months. Infosys has declared three dividends totalling INR 49 per share since he was given the company's shares. He was paid INR 7.35 crore in interim payments earlier in the year as a result. He received a total of INR 10.65 crore in dividend payments from the company during the fiscal year.

Rest of the Shareholders of the Family

The Infosys dividend announcement would also bring in a staggering INR 85.71 crore for Akshata Murty, the daughter of Narayana Murthy, who holds 3.89 lakh shares of the company, or 1.04% of the total. The dividend will bring in INR 33.3 crore for Narayana Murthy and INR 76 crore for his wife, Sudha Murty. The dividend will be paid on June 30, and the record date has been set for May 30. Founded in 1981 with a small INR 10,000 investment, Infosys has now expanded to become one of the largest tech businesses in India. A key figure in the early days of Infosys, Sudha Murty was a prolific novelist and philanthropist who used her limited money to bootstrap the business. In December 2021, she departed from her position as head of the Infosys Foundation after more than 25 years of service, continuing her philanthropic work through her family's foundation. She has joined the Rajya Sabha as a member.