Infosys has officially received no-objection approval from major stock exchanges to re-classify Mr. Shreyas Shibulal and Ms. Bhairavi Madhusudhan Shibulal from the ‘Promoter and Promoter Group’ to the ‘Public’ category. The transition, approved on May 11, 2026, follows the company’s formal request and aligns with standard corporate governance and listing guidelines, marking a shift in the status of these individuals within the company’s ownership structure.
Key Ownership Changes
Following a formal application submitted by the company on May 1, 2026, Infosys has successfully secured no-objection approvals from both the BSE and the National Stock Exchange (NSE). This development confirms that Mr. Shreyas Shibulal and Ms. Bhairavi Madhusudhan Shibulal will move out of the promoter category and be re-classified as public shareholders.
Impact and Compliance
The approval process, finalized on May 11, 2026, ensures that the company remains in adherence to necessary ownership classification standards. This change reflects adjustments in the equity structure of the organization. The company has confirmed that it will continue to comply with all required disclosure norms regarding this transition, ensuring transparency for all stakeholders involved.
Source: BSE
