English Prime Minister Rishi Sunak’s wife holds stake in Infosys, gets huge amount from dividend

Akshata Murty, wife of UK’s new Prime Minister Rishi Sunak, has 0.93 per cent stake in the country’s second largest IT company Infosys. As per the shareholding pattern on BSE, Infosys co-founder Narayana Murthy’s daughter Akshata held 3,89,57,096 equity shares of the company at the end of September quarter.

Infosys has given a dividend of Rs 16 per share for the last financial year. for the current year company Has declared an interim dividend of Rs 16.5 this month. Including these two dividends, Akshata has received more than Rs 125 crore from Infosys this year. Sunak has been made the Prime Minister amidst the deteriorating condition of the economy in Britain. Prior to this, he has been the Finance Minister of Britain. He will be the first Prime Minister of Britain of Indian origin. He holds UK citizenship, while Akshata is an Indian citizen. Because of this, Akshata does not need to pay tax in the UK on her income earned abroad. However, in the UK it has been a point of contention.

Born in Hubli, Karnataka, Akshata did her schooling in Bangalore. After this, after graduating from a college in California in the US, she did a diploma in fashion designing from a fashion institute in Los Angeles. Akshata, who has worked in big companies like Deloitte and Unilever, did her MBA from Stanford and it was there that she met Sunak. Both of them got married in 2009. Sunak and Akshata have a lot of properties in Britain.

In the second quarter of the current financial year, the consolidated net profit of Infosys increased by 11.1 percent to about Rs 6,021 crore. About 23.4 percent of the company’s revenue Growth 36,538 crore and it reached Rs. The company’s board has approved share buyback of Rs 9,300 crore at a price of Rs 1,850 per share. This price is higher than the current share price of the company. The buyback of shares will be done through the open market. Infosys had bought back shares worth about Rs 9,200 crore last year as well. The company’s operating margin increased by 1.5 percent in the second quarter.

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