Parekh, who accomplished three years on the helm of Infosys in January and helped it return to progress mode, acquired shares value Rs 4.33 crore whereas Rao acquired Rs 1.94 crore of inventory.
Greater than 30 executives, together with CFO Nilanjan Roy, HR head Krishnamurthy Shankar, Presidents S. Ravi Kumar and Mohit Joshi additionally acquired shares of the corporate.
In a separate regulatory submitting, Janhavi Nilekani, the daughter of Infosys Chairman Nandan Nilekani and a part of the promoter group, gifted 777,600 fairness shares value Rs 106 crore to Tanush Nilekani Chandra, her son.
Infosys, which has gained massive offers from purchasers resembling
Daimler, is anticipated to develop the quickest amongst its friends in FY21. In January, the corporate raised its steering and mentioned it could develop 4.5-5% in FY21 after closing its highest ever deal wins of $7.13 billion in 1 / 4.