Infosys promoters' shareholding falls below 15%

The collective shareholding of the promoters of Infosys Ltd has come down to 13.08% in the December quarter as against 15.92% in the September quarter, a regulatory filing revealed. 
The public shareholding in the companywent up to 71.18% from 69.08%. 
In total, the 19 promoters now hold 15,02,15,636 shares in the company. 
On December 7, 2014, 10 promoters including NR Murthy, Sudha Murty, Nandan Nilekani, K Dinesh, sold 32.6 million shares. The total value of the shares sold was Rs 6483.79 crore. 
The promoters had said that the proceeds of the share-sale will go towards their philanthropic activities. 
Infosys is set to announce its results for the third quarter of the current fiscal on January 9, 2015.

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