S.D. SD Shibulal is working towards transforming Indian school education with the help of technology via his platform ShikshaLokam, Shibulal family also runs the Advaith Foundation and the Sarojini Damodaran foundations, Infosys Vanguard deal: 10 key details of first Billion-Dollar deal of Infosys. Data showed SD Shibulal held 17,65,768 shares or 0.4 per cent stake in Infosys as of June 30. Shibulal (Shibu) along with N.R. Prior to becoming Chief Executive Officer and Managing Director, Shibu served as Chief Operating Officer from 2007 - 2011. Infosys To Start Promotions From September, VMware India Layoff: Software Product Company to Layoff 200 Indian employees. In a Financial Times interview in 2012, it was cited that his favourite city is New York. Infosys Co-founder and former Infosys CEO, SD Shibulal and his family, sold 85 lakh of their equity shares in the IT company Infosys Technologies worth over ₹770 crore. Narayana Murthy and five others, founded Infosys in 1981. Kumari Shibulal, his wife, held another 0.25 per cent stake, son Shreyas Shibulal 0.66 per cent and daughter Shruti Shibulal owned 0.06 per cent stake at the end of June quarter. As per one of the reports, considering current development and market trends of electric vehicles, Shreyas Shibulal wants to add more funds to this startup and provide support to other startups in the same space. Also Read: Infosys Vanguard deal: 10 key details of first Billion-Dollar deal of Infosys. After Highest H1B Visa Denials, Infosys Announced hiring for 12000 Americans. Over 50% of H1B Visa denied for Cognizant and Infosys; the complete list of companies for H1B Visa denials. Co-founder. SD Shibulal’s son Shreyas Shibulal founded Micelio, a startup fund focused on developing electric vehicles based out of Bengaluru in 2019. Shibulal served as the Infosys Chief Executive Officer and Managing Director from 2011-2014. S.D. And how many shares his family sold? Shibulal served as the Infosys Chief Executive Officer and Managing Director from 2011-2014. Citigroup Global Markets India Pvt Ltd executed this Sale as a sole broker. Before the transaction, Shibulal and Family had a 2.24% stake of Infosys’s total shares, and after this transaction, they will still have a ~2% stack in Infosys. Shibulal, along with wife Kumari, daughter Shruti and son Shreyas, holds nearly 2.2% of Infosys shares, which has a market capitalisation of around $30 billion. One of his hobbies is dismantling and reassembling electronic devices to figure out how they work, and likes listening to Carnatic classical music. Ex-Cognizant employee alleges sexual harassment and discrimination against two Cognizant Executives. As of June 30, the group together held around 2.24% stake in Infosys. Covid-19 Layoff: Software Engineer becomes Liquor maker. Details of family members and their value of shares traded. Shreyas Shibulal, son of Infosys Co-founder SD Shibulal, has started Micelio, a fund dedicated towards investing in electric vehicles. SD Shibulal, along with NR Narayana Murthy and five others, had founded Infosys in 1981. Here are the key points of these transactions according to the regulatory filings and advertisement by Infosys Technologies: Why did SD Shibulal’s family sell Infosys shares worth ₹780+ crore. 32 Crore Orders for Bharatnet Project, Software Engineer Leaves IT Job and becomes Chaiwala (tea seller). SD Shibulal, along with NR Narayana Murthy and five others, had founded Infosys in 1981. His wife Kumari Shibulal… Shibulal met his wife Kumari, during his university days in SD College. Shibulal served as the. Details of family members and their value of shares traded The couple has two children; daughter Shruti and son Shreyas. This Sale represented around 0.20% of Infosys’ total shares. We bring the Lastest happening of Indian IT Industry and exclusive stories that matter for Software Engineers and IT Professionals. Biggest Accenture Layoff: 25000 job cuts worldwide including India, HCL to hire Experienced Professionals for Nagpur campus through Virtual Recruitment Drive. According to the shareholding pattern of the promoter and promoter group on BSE, SD Sibulal held 17.65 lakh shares or 0.4 per cent stake in Infosys as of June 30, 2020.

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