Raking up Bansal pay issue again helps no one: Mazumdar-Shaw

Last week, Infosys had reached out to Sebi with a consent plea to allegations of disclosure lapses by its former management led by Vishal Sikka to its board on the severance pay pact with Bansal

Kiran Mazumdar-Shaw, a board member at Infosys, has sought an end to fresh concerns raised over alleged irregularities in the severance pay offered to former chief financial officer (CFO) Rajiv Bansal, saying that the company’s co-founder and Chairman Nandan Nilekani had reinvestigated the issue and found no wrongdoing.
 
Mazumdar-Shaw’s appeal for a closure comes after an internal whistle-blower recently asked market regulator Securities and Exchanges Board of India (Sebi) to order an independent forensic probe on the $200-million acquisition of Israeli tech firm Panaya and the subsequent deal of Rs 23-crore severance pay to Bansal. 
 
Last week, Infosys