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Infosys paying Rs 13,000 cr to shareholders is too little: Ex-CFO

Infosys paying Rs 13,000 cr to shareholders is too little: Ex-CFO

Thursday, April 13, 2017, 7:02 PM

A former CFO of Infosys, Balakrishnan said the company's decision to return Rs.13,000 crore to shareholders is "too little" and appointing co-chairman would make the structure much more complex at board level. "I think it's a good step forward but the quantum could have been bigger because they have Rs.40,000 crore on their balance sheet. Returning Rs.13,000 crore is too little, he said.
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