Bengaluru, Jul 26: Today, one of the Co-founders of Infosys, SD Shibulal announced that over the last three days (22nd - 24th July) his family members have sold a portion of (representing approximately 0.20 per cent of the paid-up equity share capital) their holding in Infosys Ltd on the stock exchanges.
Proceeds from the partial stake monetization will be utilized for a combination of philanthropic and investment activities.
The sale was executed by Citigroup Global Markets India Private Limited as the Sole Broker.
The Founders, have served Infosys in various capacities, since its inception in 1981 until October 2014. Over the three decades, the Founders have nurtured the company transforming it into one of the professionally run companies in India with a global presence.
This press release is for information purposes only and is not an offer to sell, or a solicitation of an offer to buy, any of the shares described herein. The shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or in any state or other jurisdiction of the United States.
Securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the US Securities Act.
There has not been and there will not be any public offering of the shares in the United States.
Comments
Monkey came for mangalore to go kerala...publick is stuppid.
After bringing Yogi to Kerala through Mangalore , BJP had lost their prospect in both states. the man with lot of criminal cases on his head has come to teach the law and order. People will start to compare their state with yogis ruled state. People want their children not to die due to lack of oxygen, People dont want to loose their monumental identities, People want to live in love and peace. they dont want price rice. and many more. By bringing this uneducated man to educated stateS BJP itself will realize their mistake
Why these days communal gundas visiting our manglore? Is there any conspiracy to disturb the peace in dakishin kannada?? May god save our DK.
Just wasting tax payers money only one intention to spread communal unrest all over INDIA. But state like Kerala with 100% educated Malayaly nothng will happen. Even rss's heavy funding to noted goondas they cannot make a Hair Line Fracture to Kerala State. At Punjab, Bengal and Kerala rss notable to cook their dish DHAAL NAHI GHALAGHI.
Amit Shah's Drama in front of temple never accepted by any HINDU Diety.
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