Infosys Manager Completes Major Securities Disposal

Infosys (INFY) has released an update.

Infosys Limited has reported to the U.S. Securities and Exchange Commission about a significant disposal of securities by one of its Key Managerial Personnel, Inderpreet Sawhney. In compliance with Indian regulatory requirements, the transaction details were disclosed to the National Stock Exchange and Bombay Stock Exchange within the mandated timeframe. The transaction involved the sale of 14,000 ADRs worth approximately INR 26.11 million and was executed on the market on August 27, 2024.

For further insights into INFY stock, check out TipRanks’ Stock Analysis page.