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
Write letter PM, not to CM....these people BJP 2nd team...drama
Hindu have no problem to eat cow according to Vedas.....these all politics..
Yes ban ban ban ban.. ban export too!!
when you become animal, than the love for animal is increase & love for Mankind descreses!!!
one of the biggest fraud religion in front of GOD is "HINDU RELIGION"
name itself given by outsider & some swamiji take this as business. we can see nowdays with crores of turnover and politician taking advantage and playing with emotion of people
the True religion of india is "VEDIC RELIGION"
concept is very simple only worship one GOD
you can eat beef or not its your choice. but you should good to mankind & work for betterment of society.
Why these swamys dont request PM to dont kill cows and export foreign countries.Is there holy cows and non-holy cows ?
It is the act of criminal if they are the really reiigious such kind of behaviour they should not do. A insult to Hindu religion.
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