Amarchand Mangaldas Mumbai office advised Infosys founders N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulal and K. Dinesh and their family members in relation to sale of shares of Infosys Ltd. worth $1.1 billion (Rs 6,484 crore)..The founders have sold 32.6 million shares in Infosys at a fixed price of Rs 1,988 ($32) each, according to media reports..The Amarchand team was led by Managing Partner Cyril Shroff along with Capital Markets Partner Yash Ashar..AZB advised Deutsche Bank which acted as sole broker on this trade with Partner Varoon Chandra..Murthy, the last Infosys chairman who was also a founder, and Nilekani told media that they had sold their stakes for personal reasons.
Amarchand Mangaldas Mumbai office advised Infosys founders N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulal and K. Dinesh and their family members in relation to sale of shares of Infosys Ltd. worth $1.1 billion (Rs 6,484 crore)..The founders have sold 32.6 million shares in Infosys at a fixed price of Rs 1,988 ($32) each, according to media reports..The Amarchand team was led by Managing Partner Cyril Shroff along with Capital Markets Partner Yash Ashar..AZB advised Deutsche Bank which acted as sole broker on this trade with Partner Varoon Chandra..Murthy, the last Infosys chairman who was also a founder, and Nilekani told media that they had sold their stakes for personal reasons.