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SD Shibulal will repurchase Rs 100 cr worth of Infosys shares from his wife Kumari Shibulal.

New Delhi: Infosys co-founder SD Shibulal has repurchased a billion rupees worth of IT major shares from his wife Kumari Shibulal through a second open market transaction this week.
“… We are pleased to announce that we have purchased 7,22,545 shares (equivalent to 0.02%) of Infosys from Kumari Cibral by bulk selling on the stock exchange platform on May 27, 2021.” Submission to the authorities.
After the transaction, SD Shibulal’s Infosys stake rose to 0.12% and Kumari Shibulal’s stake was 0.14%.
This week, Shibulal purchased a second stake in IT major Rs 100 Claw from his wife Kumari Shibulal through an open market transaction.
So far, SD Shibulal purchased a company scrip worth Rs 1 billion on May 12, Rs 1 billion on May 19 and Rs 1 billion on May 24 through open market transactions.
Stocks have always been offloaded by Kumari Sibral.



SD Shibulal will repurchase Rs 100 cr worth of Infosys shares from his wife Kumari Shibulal.

Source link SD Shibulal will repurchase Rs 100 cr worth of Infosys shares from his wife Kumari Shibulal.

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