India's Youngest Millionaire? Narayana Murthy Gifts Grandson Infosys Shares Worth ₹240 Cr

Infosys founder NR Narayana Murthy has made a grand gesture towards his four-month-old grandson, Ekagrah Rohan Murthy, by gifting him Infosys shares worth a whopping ₹240 crore.

What to know: This generous gift not only celebrates the new addition to the Murthy family but also positions young Ekagrah as possibly the youngest millionaire in India.

This generous gift places young Ekagrah in the ranks of shareholders with a 0.04% stake in the country’s second-largest IT services firm, according to a recent disclosure to the BSE.

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The gifting of 15 lakh shares to his grandson has resulted in a slight dip in Narayana Murthy’s stake in Infosys, bringing it down from 0.40% to 0.36%, equating to over 1.51 crore shares. Notably, this significant share transfer was completed off-market, as detailed in the filing.

The story behind the gift is as rich as its value. Ekagrah, born in November 2023 to Rohan Murthy and Aparna Krishnan, carries a name that means ‘unwavering focus’ in Sanskrit, suggesting high hopes for his future. As the third grandchild of the Murthy lineage, joining two granddaughters from Akshata Murty and son-in-law Rishi Sunak, Ekagrah’s arrival has undoubtedly brought immense joy and pride to the family.

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