Infosys promoters not on same page: IiAS

The total promoter shareholding in Infosys is 12.74%

The five promoters of Infosys may not be on the same page when it comes to taking key decisions. The three key resolutions, presented by the company in the past three years, have seen less than a fourth of promoters vote being cast, while 75 per cent promoters’ abstained. The instances include appointment of Punita Sinha as independent director, reappointment of Vishal Sikka as managing director (MD) and chief executive officer (CEO) and revision of remuneration package of Chief Operating Officer (COO) U B Pravin Rao. Founder N Narayana Murthy has been vocal on all the three issues.
 
 “The