Rohini Nilekani, wife of Infosys cofounder Nandan Nilekani, disclosed Friday that she has recently sold 577,000 shares out of the 8 million shares that she holds in the outsourcer. The sale reduced her stake marginally from 1.41% to 1.31% which is still worth close to $370 million. The funds from the share sale, amounting to $27 million pre-tax, will be deployed in various charities in the areas of water, education, environment and governance that Nilekani supports.
Rohini Nilekani Sells Infosys Shares, Raises $27 Million For Charity
Aug 03, 2013
Article
SHARE
KEYWORDS
YOU MAY ALSO WANT TO READ
Jul 03, 2023
Article
When we look back at the 2020s, will we be able to conclude that this was the decade in which India completed its long journey to ensure universal foundational literacy [...]
Sep 04, 2022
Podcast
At a time when the government and the marketplace have assumed enormous power over our lives and choices, Rohini Nilekani argues that now is the time for civil societies to [...]
Aug 26, 2022
Article
Of India’s many prominent business couples, few can match the Nilekanis in their uniqueness. Nandan Nilekani is now a business legend, for his role in building Infosys (with N R [...]
