Post the sale, Batni's stake in the firm declined to 0.095 per cent (549,847 shares).
India's second-largest IT services company, Infosys, on Wednesday said it was planning to offer an apprenticeship programme with the National Apprenticeship Scheme (NAS) in the United Kingdom (UK). Through this programme, the company will provide apprenticeship in fields like marketing, human resources, among others, Infosys said in a release.
Top decision-making body, executive council, will be dissolved on April 1.
The company said in a filing to the US Securities and Exchange Commission that in addition to the salary, Pai earned a bonus/incentive of $117,336, other annual compensation of $21,779 and $15,287 as long-term benefits.
At a time when speculation was rife about its course after the organisational rejig last week, Infosys on Friday validated the changes, exuding strong faith in its leadership pipeline and gave a clear signal that the company was unperturbed by the slew of senior exits in the recent past.
Infosys' co-founders, S D Shibulal and S Gopalkrishnan, on Tuesday launched Axilor Ventures, a business incubator and platform for supporting innovation and entrepreneurship.