InfoBeans Technologies Founders Donate ₹22 Crore Worth Equity Shares to Navodaya Foundation
InfoBeans Technologies founders donated 2,43,000 equity shares worth ₹22 crore to Navodaya Foundation, a Bengaluru-based charitable trust registered in 2003. The donation supports long-term programs in education, environmental sustainability, and animal protection. The transaction involves transfer of existing promoter-held shares without fresh issuance, demonstrating the leadership's commitment to philanthropic initiatives and social responsibility.

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Infobeans technologies founders have made a significant philanthropic contribution by donating equity shares worth ₹22 crore to support social impact initiatives. The donation represents a substantial commitment to charitable causes and demonstrates the company leadership's dedication to social responsibility.
Share Donation Details
The founders jointly donated 2,43,000 equity shares of InfoBeans Technologies Limited with an approximate aggregate value of ₹22 crore to the Navodaya Foundation. This transfer was undertaken by the promoters in their personal capacity as part of their philanthropic initiatives.
| Parameter: | Details |
|---|---|
| Shares Donated: | 2,43,000 equity shares |
| Approximate Value: | ₹22 crore |
| Recipient: | Navodaya Foundation |
| Nature: | Transfer of existing shares |
About Navodaya Foundation
Navodaya Foundation is a Bengaluru-based Public Charitable Trust with established credentials and proper regulatory approvals. The foundation operates across multiple areas of social impact and maintains compliance with income tax regulations.
| Foundation Details: | Information |
|---|---|
| Registration Date: | 14.05.2003 |
| Location: | Bengaluru |
| Type: | Public Charitable Trust |
| Section 12AB: | Registered |
| Section 80G: | Approved |
Focus Areas and Objectives
The donated funds will support long-term programs in three primary areas:
- Education: Supporting educational initiatives and programs
- Environmental Sustainability: Promoting conservation and environmental protection
- Animal Protection: Wildlife preservation and animal welfare activities
The Foundation also undertakes activities in medical relief and preservation and conservation of nature and wildlife, alongside other public utility initiatives.
Transaction Clarification
InfoBeans Technologies clarified that the transaction represents a transfer of existing equity shares personally held by the promoters. The company emphasized that this donation does not involve any fresh issuance of shares by the company, ensuring no dilution of existing shareholding structure.
About InfoBeans Technologies
InfoBeans Technologies specializes in AI-led software solutions for enterprise clients, helping solve complex business problems. The company maintains strategic partnerships with major technology providers including Salesforce, ServiceNow, Microsoft, and agineo. These partnerships enable corporations to transform their businesses and gain competitive digital advantages. InfoBeans Foundation serves as the company's CSR arm, providing free one-year training programs to help underprivileged sections of society become employable.
Historical Stock Returns for InfoBeans Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.29% | +3.08% | -3.49% | +48.91% | +159.34% | +505.21% |


































