Four-month-old Indian toddler becomes a millionaire worth Rs 240 Crore

The BSE filing stated that the transfer of shares took place ‘off-market’.

Youngest Indian Millionaire: Infosys founder NR Narayana Murthy has gifted his four-month-old grandson Ekagrah Rohan Murthy Infosys shares worth Rs 240 crore, making Ekagrah Rohan Murthy in all likelihood India’s youngest millionaire.

To explain further, Ekagrah now owns 15,00,000 shares, equivalent to a 0.04 percent stake in Infosys, which is billed as India’s second largest information technology services company (according to a filing with the BSE).

With this share transfer, NR Narayana Murthy’s equity stake in Infosys has fallen from 0.40 per cent to 0.36 per cent, out of a total of over 1.51 crore shares.

The BSE filing stated that the transfer of shares took place ‘off-market’.

Ekagrah Rohan Murthy is the son of Narayana Murthy and Sudha Murty, Rohan Murthy who, along with his wife, Aparna Krishnan, announced the arrival of their son in November 2023.

The birth of Ekagrah was announced on November 10 by Rohan Murthy and daughter-in-law Aparna Krishnan and Narayan Murthy, inspired by the Sanskrit word uninterrupted meditation, named his grandson Ekagra.

Narayana Murthy founded Infosys in 1981. From then until 2002, he was the CEO of the company. He then served as Chairman of the Board of Directors from 2002 to 2006.

In August 2011, Murthy retired from the company with the title of Chairman Emeritus. However, in 2013, he rejoined the company as executive chairman. During this time, his son Rohan Murthy worked as his executive assistant.

His daughter Akshata Murty is married to British Prime Minister Rishi Sunak.