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Infosys share price declines over 1% as company CFO, Nilanjan Roy, resigns

Infosys share price has fallen nearly 5 per cent in the last one year, significantly underperforming the benchmark Sensex which has gained 13 per cent and the BSE IT index which has jumped 17 per cent in the same period.

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Infosys shares under pressure on CFO Nilanjan Roy's resignation

"Nilanjan Roy, Chief Financial Officer and Key Managerial Personnel has resigned from the services of the Company. His last date with the Company would be March 31, 2024," Infosys said in a filing on Monday.

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infosys esops: Infy offers Esops of Rs 40 cr to Parekh, Rao and others


Mumbai:
Infosys has vested employee stock options (ESOPs) of nearly Rs 40 crore to its top executives, including CEO Salil Parekh and COO Pravin Rao, a filing with US Securities and Exchange Commission (US SEC) showed on Wednesday.
Parekh, who completed three years at the helm of Infosys in January and helped it return to growth mode, received shares worth Rs 4.33 crore while Rao got Rs 1.94 crore of stock.
More than 30 executives, including CFO Nilanjan Roy, HR head Krishnamurthy Shankar, Presidents S. Ravi Kumar and Mohit Joshi also received shares of the company.
In a separate regulatory filing, Janhavi Nilekani, the daughter of Infosys Chairman Nandan Nilekani and part of the promoter group, gifted 777,600 equity shares worth Rs 106 crore to Tanush Nilekani Chandra, her son.

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