Domestic Institutional Investors (DIIs) have reportedly written to Infosys seeking the return of co-founder Nandan Nilekani on the company’s board.
In a letter sent to the board, key fund managers and DIIs suggested he should be given a “suitable capacity”. The letter mentioned that Nilekani would be the right person to have a “resolution” to the ongoing issues between the board and the management as he is considered a credible leader among customers, employees and all the other stakeholders.
CNBC TV18 first reported this development.