Infosys dividend 2023: Rishi Sunak’s wife Akshata Murty to earn over ₹68 crore

Akshata Murty’s net worth to shot up by ₹68 crore

As per the December 2022 shareholding data of Infosys, Rishi Sunak’s wife and Infosys founder Narayana Murthy’s daughter Akshata Murty owns 3,89,57,096 Infosys shares, which is 1.07 per cent of total paid up capital of the Indian IT major. As board of directors of Infosys has approved ₹17.50 per share final dividend, Akshata Murty is expected to earn ₹68,17,49,180 or ₹68.17 crore from Infosys dividend announced on Thursday. However, she will be eligible for final dividend payment only when she continues to hold this much of shares on Infosys dividend record date, which has been fixed on 2nd June 2023.

Informing Indian stock market exchanges about Infosys dividend and record date, the IT major said, “This has reference to our letter dated March 14, 2023, regarding the captioned subject. The Board, at their meeting held on April 12-13, 2023, transacted the following items of business: Recommended a final dividend of ₹17.50/- per equity share for the financial year ended March 31, 2023. The record date for the purposes of the Annual General Meeting and payment of final dividend is June 2, 2023. The dividend will be paid on July 3, 2023.”

Infosys reported a sequentially weak quarter in the period ending March 31, 2023 (Q4FY23). The IT giant’s Q4 PAT came in at ₹6,128 crore down by nearly 16% QoQ. While revenue also dipped by 2.2% QoQ to ₹37,441 crore. In constant currency, the company’s revenue growth came in at 3.2% QoQ and 8.8% YoY. The operating margin stood at 21% in Q4.