Bhairavi Madhusudhan Shibulal has executed a significant share sale transaction in Infosys Limited, disposing of 5,42,375 equity shares through an open market sale on December 10, 2025. The transaction details were disclosed to regulatory authorities on December 11, 2025, in compliance with Regulation 29 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share sale was executed at a price of ₹1,589.51 per share, generating total proceeds of ₹86,21,10,865.91. The transaction was facilitated through Cholamandalam Securities Limited as the trading platform.

Shareholding Changes

The sale resulted in a reduction of Bhairavi Madhusudhan Shibulal's stake in Infosys Limited. Her shareholding position changed from 54,27,875 shares to 48,85,500 shares, representing a decrease from 0.13% to 0.12% of the company's total share capital.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the SEBI Takeover Regulations to both BSE Limited and National Stock Exchange of India Limited. The seller confirmed that no provisions of the company's rules or applicable laws and regulations were contravened in effecting this transaction. The company's total equity share capital remained unchanged at ₹20,27,31,22,045 following this transaction, as it involved a transfer of existing shares rather than any change in the overall share capital structure.

Infosys promoter Shreyas Shibulal has executed a significant share sale transaction, disposing of 19,92,860 equity shares through open market operations on December 10-11, 2025. The transaction, valued at ₹317.91 crores, represents a 0.05% reduction in the company's total shareholding.

Transaction Details

The share sale was conducted across two trading sessions with varying volumes and prices:

All transactions were executed through Cholamandalam Securities Limited, with shares held across multiple demat accounts under DPID IN300572.

Shareholding Impact

The sale has resulted in a notable change in Shibulal's ownership position within Infosys:

Shibulal's position remains significant as a promoter of the IT services giant, maintaining substantial voting rights despite the reduction.

Regulatory Compliance

The transaction disclosure was made in accordance with Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. Formal notifications were submitted to:

• BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
• National Stock Exchange of India Limited
• Infosys Limited management at Electronics City, Bangalore

The disclosure confirms that no provisions of company rules or applicable laws were contravened during the transaction execution.

Market Context

Infosys Limited's equity share capital remains unchanged at ₹2,027.31 crores following this promoter sale. The open market transaction method indicates the shares were sold through regular stock exchange platforms, providing liquidity to institutional and retail investors. The sale represents a standard promoter divestment activity, with all regulatory requirements properly fulfilled through timely disclosure submissions on December 11, 2025.