Infosys’s ownership structure highlights the critical role of institutional investors, led by LIC and other global entities like GIC and Norges Bank.

As of 2023, the largest shareholder in Infosys is Life Insurance Corporation of India (LIC), which holds a commanding 9.531% stake, equivalent to 395,772,200 shares, valued at approximately Rs 8,694 crore. LIC, India’s largest life insurer, has consistently increased its stake in Infosys, reflecting its robust confidence in the IT giant.

Largest stakeholders in Infosys, according to website Marketscreener

• LIC (Life Insurance Corporation of India):

Shares: 395,772,200

Stake: 9.531%

Valuation: ₹8,694 crore

2. SBI Funds Management Ltd.:

Shares: 174,813,735

Stake: 4.210%

Valuation: ₹3,840 crore

3. Sudha Gopalakrishnan (Wife of Infosys co-founder S. Gopalakrishnan):

Shares: 95,357,000

Stake: 2.297%

Valuation: ₹2,095 crore

Murthy Family’s Collective Stake (As of 2023)

The Murthy family, led by Infosys co-founder Narayana Murthy, maintains a prominent presence in the company through combined shareholdings.

• Narayana Murthy: Holds 0.36% of Infosys shares, reduced from 0.40% after gifting shares to his grandson.
• Sudha Murty: Holds 0.93% (approximately 3.45 crore shares).
• Akshata murty: Holds 1.05% (around 3.89 crore shares).
• Rohan Murty: The largest Murthy family shareholder, with 1.465% (6.8 crore shares).

In a notable gesture, Narayana Murthy recently gifted 15 lakh shares worth Rs 240 crore to his four-year-old grandson, Ekagrah Murty, giving him a 0.04% stake in Infosys and marking him as one of India’s youngest millionaires.

Other Shareholders In Infosys

GIC Pte Ltd. (Investment Management): Stake: 2.049%

UTI Asset Management Co. Ltd.: Stake: 1.743%

National Pension System Trust: Stake: 1.670%

HDFC Asset Management Co. Ltd.: Stake: 1.622%

Rohan Murty (Largest Murthy family stakeholder): Stake: 1.465%

Norges Bank Investment Management: Stake: 1.389%

Nippon Life India Asset Management Ltd.: Stake: 1.343%

The Murthy family’s collective holdings continue to symbolize their enduring legacy, but the growing influence of institutional shareholders like LIC underscores the evolving landscape of Infosys’s ownership and governance.