New Delhi, Oct. 23 -- Infosys share price rose by more than 4% during Thursday's trading session following an announcement regarding its largest share buyback to date.
In a communication to the exchanges on October 22, Infosys revealed that the company's promoters, including Nandan Nilekani, Sudha Murty, and others, will not take part in the Rs.18,000 crore share buyback program that was declared in October.
The promoters of Infosys comprise Sudha N Murty, wife of co-founder N R Narayana Murthy, along with their daughter Akshata Murty and son Rohan Murty. Additionally, the promoters include co-founder Nandan Nilekani, his spouse Rohini Nilekani, and their children Nihar and Janhavi Nilekani. Other co-founders and their respective famili...
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