Akshata Murty
Business

Akshata Murty, Rishi Sunak’s wife, earned Rs 126.6 crore dividend from Infosys in 2022

In 2022, Akshata Murty received dividend income of Rs 126.61 crore ($15.3 million) from her ownership in Infosys, the second-largest IT company in India. Infosys distributed its last dividend of 16 cents per share for the fiscal year 2021–2022 on May 31 of this year.

Akshata Murty

From her ownership of shares in India’s second-largest IT company Infosys, Akshata Murty, wife of Britain’s incoming Prime Minister Rishi Sunak, earned 126.61 crore ($15.3 million) in dividend income in 2022. Murty, the daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 percent, of Infosys at the end of September, according to corporate documents with the stock exchanges.

Her shareholding is worth Rs 5,956 crore (about $721 million) at the transaction price of Rs 1,527.40 on Tuesday on the BSE. Infosys distributed its last dividend of 16 cents per share for the fiscal year 2021–2022 on May 31 of this year. In accordance with the business’s filings with the stock exchange, it was announced last month that the interim dividend for the current year would be 16.5.

Infosys is among the best dividend-paying companies in India. In 2021, it distributed a total dividend of 30 rupees per share, giving Akshata a profit of Rs 119.5 crore.

After winning the race to lead the Conservative Party on Sunday, Sunak, 42, is anticipated to become the first prime minister of Indian heritage and the nation’s youngest head of state in modern times. While Sunak’s wife Akshata is a British national, Sunak is an Indian citizen. Her non-domiciled status, which allows her to earn money abroad without paying UK taxes for up to 15 years, has generated debate in the UK.

Sunak’s initial entry into the race to become prime minister in April of this year sparked debate in Britain regarding Akshata’s non-domiciled status.

Her mother Sudha Murthy was from Hubballi, a village in northern Karnataka, where Akshata was born. Prior to going to Claremont McKenna College in California, she attended school in Bengaluru. There, she majored in French and economics and received a degree.

A fashion designing certificate from the Fashion Institute of Design and Merchandising in Los Angeles came after her brief career at Deloitte and Unilever. She afterwards went on to Stanford to pursue her MBA, where she eventually ran upon Rishi Sunak. 2009 saw their wedding. The couple is a major real estate investor and has two children named Krishna and Anoushka.

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