tiprankstipranks
Advertisement
Advertisement

Infosys Promoter Confirms No Encumbrance on 6.1 Million Shares

Story Highlights
  • Infosys reported that promoter group member Milan Shibulal Manchanda held 6.1 million company shares as of March 31, 2026.
  • His annual declaration to Indian exchanges confirmed no encumbrances or pledges on these promoter shares, supporting investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infosys Promoter Confirms No Encumbrance on 6.1 Million Shares

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Infosys Limited ( (IN:INFY) ).

Infosys disclosed that promoter group member Milan Shibulal Manchanda held 6,106,302 equity shares in the company as of March 31, 2026. The company informed the stock exchanges that, according to his annual declaration, neither he nor persons acting in concert have created any encumbrance, direct or indirect, on these shares.

The filing, made under Regulation 31(4) of India’s takeover regulations, underscores the absence of pledges or other charges on this portion of promoter holdings. This clean ownership status may reassure investors about promoter commitment and balance-sheet stability, an important factor for governance-sensitive institutional stakeholders.

More about Infosys Limited

Infosys Limited is a global information technology services and consulting company headquartered in Bengaluru, India. It provides software development, business process management, and digital transformation services to enterprises worldwide, with a focus on large corporate and institutional clients across multiple industries.

Average Trading Volume: 618,420

Technical Sentiment Signal: Hold

Current Market Cap: 5459.8B INR

Find detailed analytics on INFY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1