“We are hereby informing you about purchase of 722,545 equity shares (representing 0.02%) of Infosys from Kumari Shibulal by way of block sale on the platform of the stock exchange on May 27, 2021,” Shibulal said in a regulatory filing on Friday.
Post the transaction, SD Shibulal’s stake in Infosys has gone up to 0.12%, while Kumari Shibulal’s stake stands at 0.14%.
This is the second time in a week that Shibulal has purchased Infosys shares worth Rs 100 crore from his wife through an open market transaction. So far in May, SD Shibulal had purchased the firm’s scrips worth Rs 100 crore on May 12, Rs 100 crore on May 19, and Rs 100 crore on May 24 through open market deals.
The shares were offloaded by Kumari Shibulal on all the occasions.
