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INFY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE and NSE have granted no-objection to Infosys Ltd's application to re-classify Mr. Shreyas Shibulal and Ms. Bhairavi Madhusudhan Shibulal from the 'Promoter and Promoter Group' category to 'Public' under SEBI Regulation 31A. This follows an earlier application submitted on May 1, 2026. The re-classification means these two individuals will no longer be counted as part of the company's promoter group for regulatory and disclosure purposes. Both stock exchanges have instructed the company to ensure compliance with subsequent disclosures of material events related to this re-classification under Regulation 31A.
Removal of Shreyas and Bhairavi Shibulal from the promoter group reduces the official promoter holding count, which is typically viewed as a slightly negative signal as it indicates further dilution of insider control over the company.