LIC Displaces Murthy Family To Become Largest Shareholder In Infosys!
LIC Leads Infosys’ Shareholding
India’s Life Insurance Corporation (LIC) has emerged as Infosys’ largest shareholdersignaling strong confidence in the IT giant’s future.
- LIC stake: 9.53% (395.77 million shares) worth Rs 8,694 crore.
- SBI Funds Management: 4.21% stake (Rs 3,840 crore).
- Sudha Gopalakrishnan: 2.29% stake (Rs 2,095 crore).
Murthy Family’s Infosys Holdings
Despite LIC’s rising share, the Murthy family still holds a significant stake:
- Rohan Murty: 1.46% (6.8 crore shares)—largest shareholder in the family.
- Akshata murty: 1.05% (3.89 crore shares).
- Sudha Murty: 0.93% (3.45 crore shares).
- Narayana Morthy: 0.36% (reduced after gifting shares to his grandson).
In 2023Narayana Murthy gifted 15 lakh shares worth Rs 240 crore to his grandson Ekagrah murtygiving him a 0.04% stake in Infosys.
Conclusion
LIC’s increasing stake in Infosys underscores institutional confidence, while the Murthy family continues to maintain its legacy in the company.
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