Narayana Murthy's 5-month-old grandson to earn ₹4 crore from Infosys dividend

Ekagrah Rohan Murty- Narayana Murthy's five-month-old grandson- became a millionaire last month when his billionaire grandfather gave him a generous gift of 15 lakh Infosys shares. After the company announced its Q4 numbers, it also declared a total dividend of ₹28, including a final dividend of ₹20 and a special dividend of ₹8. With this, Ekagrah Rohan Murty has earned another ₹4.2 crore in the form of dividend income.

Narayana Murthy, Founder, Infosys, in Bengaluru.(PTI)

The company said that the payment of the final dividend and a special dividend has been fixed at May 31. The payment will be made on July 1, it added. 

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Ekagrah Rohan Murty's shares in Infosys 

Narayana Murthy's grandson owns 15 lakh shares- 0.04% stake in the company which at today's market price of ₹1,400 come to ₹210 crore. Owing to this, he is entitled to earn a dividend of ₹4.2 crore.

More on Ekagrah Rohan Murty

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Ekagrah Rohan Murty is the son of NR Narayana Murthy's son Rohan Murthy and daughter-in-law Aparna Krishnan. He was born on November 10 last year in Bengaluru. Rohan Murty has a PhD in computer science from Harvard University and runs the software firm Soroco. Aparna Krishnan heads Murty Media.

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Ekagrah Rohan Murty is the third grandkid of Narayana Murthy and Sudha Murthy. The couple have two other grandchildren - Krishna and Anoushka - daughters of Akshata Murty and UK prime minister Rishi Sunak.

At the end of the December quarter, Akshata Murty owned a 1.05% stake in Infosys, Sudha Murthy 0.93% and Rohan Murthy 1.64%.

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