BSE and NSE Grant No-Objection for Reclassification of Shibulal Family Members from Promoter Group to Public Category at Infosys

1 min read     Updated on 12 May 2026, 02:25 AM
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BSE Limited and NSE issued no-objection letters on May 11, 2026, approving the reclassification of Mr. Shreyas Shibulal and Ms. Bhairavi Madhusudhan Shibulal from the 'Promoter and Promoter Group' to the 'Public' category at Infosys Limited. The move is governed under Regulation 31A of the SEBI (LODR) Regulations, 2015, following an application by the company dated May 01, 2026. Infosys has been directed by both exchanges to comply with all subsequent disclosure requirements related to the reclassification. The no-objection letters will be made available on the company's official website.

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Infosys Limited has received no-objection letters from both BSE Limited and the National Stock Exchange of India Limited for the reclassification of two members of its promoter group to the public category. The letters, both dated May 11, 2026, were issued in response to an application filed by the company on May 01, 2026, under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The development was communicated to all stock exchanges by Company Secretary A.G.S. Manikantha (Membership No: A21918) and follows earlier disclosures made on April 30, 2026, and May 1, 2026.

Promoters Approved for Reclassification

The no-objection has been granted for the reclassification of the following individuals from the 'Promoter and Promoter Group' category to the 'Public' category:

Sr. No. Name of Promoter / Promoter Group
1. Mr. Shreyas Shibulal
2. Ms. Bhairavi Madhusudhan Shibulal

Both BSE and NSE independently confirmed their no-objection in separate letters referencing the company's application dated May 01, 2026. The BSE letter was issued under reference LIST/COMP/HG/059/2026-27 and signed by Jayshree Soni, Deputy Vice President – Listing Compliance, and Harsh Gohil, Listing Compliance. The NSE letter was issued under reference NSE/LIST/COMP/INFY/587/2026-2027 and signed by Apeksha Raichura, Senior Manager – Listing Compliance.

Regulatory Framework and Compliance Requirements

The reclassification is being carried out in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both exchanges have directed Infosys to ensure compliance with all subsequent relevant disclosures of material events related to this reclassification, as required under the applicable provisions of Regulation 31A of the SEBI (LODR) Regulations, 2015. Copies of the no-objection letters from BSE and NSE have been enclosed with the company's disclosure and will also be made available on the company's official website at www.infosys.com . The communication was copied to National Securities Depository Limited and Central Depository Services Limited by both exchanges.

Historical Stock Returns for Infosys

1 Day5 Days1 Month6 Months1 Year5 Years
-3.12%-3.21%-11.78%-26.51%-29.91%-14.07%

How might the reclassification of Shreyas Shibulal and Bhairavi Shibulal to public category affect Infosys's overall promoter shareholding percentage and corporate governance structure?

Could this reclassification signal a broader trend of founding family members reducing their strategic involvement in Infosys, and what implications might this have for the company's long-term leadership direction?

Will the shift of these promoter group members to the public category trigger any changes in voting dynamics or influence over key shareholder resolutions at future Infosys AGMs?

Infosys Expands Investor Schedule with May 12 New York Group Meeting

3 min read     Updated on 08 May 2026, 06:04 AM
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Infosys Limited filed an updated Regulation 30 disclosure on May 7, 2026, adding a Group meeting in New York on May 12 to its investor engagement calendar spanning May 11–20, 2026. The programme includes NDRs across North American cities—Miami, Toronto, New York, Montreal, and San Francisco—attended by CFO Jayesh Sanghrajka, Sandeep Mahindroo, and Ganesh Ramasubramanian, followed by participation in the Goldman Sachs Asia Communacopia + Technology Conference in Hong Kong and the Citi 2026 Pan-Asia Conference in Singapore.

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Infosys Limited has informed stock exchanges of an expanded schedule of investor meetings and conferences to be held between May 11 and May 20, 2026. Filed under Regulation 30, the disclosures outline management participation in Non-Deal Roadshows (NDRs), a Group meeting, and prominent global technology and Asia-focused investment conferences. The events span multiple cities across North America and Asia, reflecting the company's broad investor engagement across key financial markets. The latest disclosure, filed on May 7, 2026, adds a Group meeting in New York on May 12, 2026, to the previously announced schedule.

Investor Roadshow and Group Meeting Schedule Across North America

The North American leg of the investor engagement programme covers six dates over the period of May 11 to May 15, 2026. These meetings are structured as group and one-on-one sessions, enabling direct interaction between Infosys management and institutional investors. The following table outlines the details of each event:

Event Details: Information
Date Location
May 11, 2026 Miami
May 12, 2026 New York
May 13, 2026 Toronto
May 13 & 14, 2026 New York
May 14, 2026 Montreal
May 15, 2026 San Francisco

The New York NDR on May 13 and 14 will be attended by Jayesh Sanghrajka, Chief Financial Officer, alongside Ganesh Ramasubramanian, AVP – Investor Relations. The newly added Group meeting in New York on May 12 will be represented solely by Ganesh Ramasubramanian. The Toronto and Montreal sessions will be represented by Sandeep Mahindroo, Financial Controller and Head – Investor Relations, while the Miami NDR will feature Ganesh Ramasubramanian. The San Francisco meeting will be attended by Jayesh Sanghrajka, Chief Financial Officer.

Participation in Global Technology and Asia-Focused Conferences

Following the North American roadshows, Infosys management will participate in two major institutional investor conferences in Asia during May 18–20, 2026. These conferences bring together technology and pan-Asian investment communities, offering the company a platform for broader investor dialogue.

Conference Details: Information
Date May 18, 2026
Conference Goldman Sachs Asia Communacopia + Technology Conference
Location Hong Kong
Meeting Type Group and one on one
Participants Ganesh Ramasubramanian, AVP – Investor Relations; Sweta Sheth, Senior Manager – Investor Relations
Conference Details: Information
Date May 19 & 20, 2026
Conference Citi 2026 Pan-Asia Conference
Location Singapore
Meeting Type Group and one on one
Participants Ganesh Ramasubramanian, AVP – Investor Relations; Sweta Sheth, Senior Manager – Investor Relations

Both Asian conferences will be represented by Ganesh Ramasubramanian, AVP – Investor Relations, and Sweta Sheth, Senior Manager – Investor Relations.

Complete Schedule at a Glance

The full investor engagement calendar for the period, including the newly added May 12 Group meeting, is summarised below:

Date: Event Type Location Participants
May 11, 2026 NDR Group and one on one Miami Ganesh Ramasubramanian, AVP – Investor Relations
May 12, 2026 Group Meeting Group New York Ganesh Ramasubramanian, AVP – Investor Relations
May 13, 2026 NDR Group and one on one Toronto Sandeep Mahindroo, Financial Controller and Head – Investor Relations
May 13 & 14, 2026 NDR Group and one on one New York Jayesh Sanghrajka – CFO; Ganesh Ramasubramanian, AVP – Investor Relations
May 14, 2026 NDR Group and one on one Montreal Sandeep Mahindroo, Financial Controller and Head – Investor Relations
May 15, 2026 NDR Group and one on one San Francisco Jayesh Sanghrajka – CFO
May 18, 2026 Goldman Sachs Asia Communacopia + Technology Conference Group and one on one Hong Kong Ganesh Ramasubramanian, AVP – IR; Sweta Sheth, Senior Manager – IR
May 19 & 20, 2026 Citi 2026 Pan-Asia Conference Group and one on one Singapore Ganesh Ramasubramanian, AVP – IR; Sweta Sheth, Senior Manager – IR

The initial disclosure was filed on May 5, 2026, with the updated schedule filed on May 7, 2026. Both disclosures were signed by A.G.S. Manikantha, Company Secretary (Membership No. A21918). Infosys has stated that the schedule will also be hosted on the company's website at www.infosys.com for public reference.

Historical Stock Returns for Infosys

1 Day5 Days1 Month6 Months1 Year5 Years
-3.12%-3.21%-11.78%-26.51%-29.91%-14.07%

What strategic announcements or guidance updates might Infosys management be preparing to share with institutional investors across North America and Asia during this roadshow period?

How might Infosys's intensified investor engagement in key financial hubs like New York, Hong Kong, and Singapore influence foreign institutional investor sentiment and the company's ADR performance?

Could the CFO's direct participation in high-profile NDRs in New York and San Francisco signal upcoming capital allocation decisions, such as share buybacks, dividends, or major acquisitions?

More News on Infosys

1 Year Returns:-29.91%