“The recent sharp decline in Infosys shares, which triggered a broader sell-off in the IT sector and dragged down major indices, has dealt a significant blow to the Murthy family.

Narayana Murthy, the co-founder of Infosys, along with his wife Sudha Murthy, son Rohan Murthy, daughter Akshata Murty (wife of former UK Prime Minister Rishi Sunak), and grandson Ekagrah Rohan Murty, hold substantial stakes in the IT giant.

As of the September quarter, NRN held a 0.40% stake in Infosys, while Sudha Murthy’s stake stood at 0.92%. Rohan Murty and Akshata Murty held 1.62% and 1.04% stakes, respectively. Ekagrah Rohan Murty also holds a minor 0.04% stake.

The nearly 6% drop in Infosys shares resulted in a substantial paper loss for the Murthy family, estimated to be around Rs 1,850 crore. This significant decline underscores the impact of market volatility on even the most prominent investors.”