Infosys Co-Founder S D Shibulal Hikes His Stake, Buys Shares Worth Rs 100 Crore

S D Shibulal, co-founder of the country's second largest information technology company, Infosys hiked his stake in the company on Wednesday. Mr Shibulal bought 7,58,755 shares of the company amounting to Rs 100 crore in a block deal transaction from Kumari Shibulal, data from stock exchanges showed. S D Shibulal purchased 7,58,755 shares in a block deal transaction at an average price of Rs 1,317.95 per share, the BSE data showed.