Infosys Limited has informed the Exchange about General Updates
INFY · price
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Infosys has received no-objection letters from both BSE and NSE approving the re-classification of Mr. Shreyas Shibulal and Ms. Bhairavi Madhusudhan Shibulal from the 'Promoter and Promoter Group' category to 'Public' shareholders, effective May 11, 2026. This follows an application filed by Infosys on May 1, 2026, under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Shibulal family has historically been part of Infosys's promoter group, with Shreyas Shibulal being a former CEO and managing director. The re-classification reduces the official promoter group count and changes the public shareholding composition.
This reduces the official promoter group size, which could slightly improve public shareholding metrics and may be viewed as a positive for corporate governance by reducing connected party holdings.