Infosys co-founder NR Narayana Murthy has made headlines by gifting shares worth more than ₹240 crore to his four-month-old grandson, Ekagrah Rohan Murty. This move has bestowed upon Ekagrah a substantial holding in Indias second-largest information technology services company, with 15,00,000 shares amounting to a 0.04 percent stake, as disclosed in an exchange filing. Consequently, Narayana Murthys own share in Infosys has been reduced to 0.36 percent from 0.40 percent, equivalent to over 1.51 crore shares. The transaction, as reported by Moneycontrol, took place off-market.Narayana Murthys GrandchildrenThe news of Narayana Murthys generous gift comes in the wake of his growing family. In November, Narayana Murthy and Sudha Murty welcomed their third grandchild, a baby boy born to their son Rohan Murty and daughter-in-law Aparna Krishnan. Their other grandchildren include the two daughters of UK PM Rishi Sunak and Akshata Murty.Narayana Murthys Journey with InfosysNarayana Murthys association with Infosys dates back to its inception in 1981. The company achieved a significant milestone when it was listed on Nasdaq in March 1999. Narayana Murthy had highlighted the Nasdaq listing as a strategic move to attract top talent to Infosys, according to a statement issued at the time.Proudest Moment and Biggest RegretReflecting on his proudest moment, Narayana Murthy recalled the historic occasion when Infosys became the first Indian company to be listed on Nasdaq. He shared this sentiment during an appearance at the India Today Conclave 2024, emphasising the groundbreaking nature of the achievement.In contrast, when discussing his biggest regret, Narayana Murthy mentioned missed opportunities due to the companys democratic decision-making process. He acknowledged that while operating as an enlightened democracy had its merits, it also meant foregoing certain bold initiatives that could have accelerated Infosyss growth trajectory. This introspection provides insight into Narayana Murthys leadership style and the dynamics within Infosys during critical phases of its development.
