rishi sunak: Rishi Sunak’s wife Akshata earns dividend income of Rs 126.6 cr from Infosys in 2022

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

Her holdings are worth Rs 5,956 crore (about $721 million) at Tuesday’s trading price of Rs 1,527.40 on BSE.

Infosys paid a final dividend of Rs 16 per share for the fiscal year 2021-22 on May 31 of this year. For the current year, the company this month announced an interim dividend of Rs 16.5, according to the company’s stock exchange filings.

The two dividends total Rs 32.5 per share or Rs 126.61 for Akshata.

Infosys is one of the best dividend payers in India. In 2021, it paid a total dividend of Rs 30 per share, which would give Akshata a total of Rs 119.5 crore for that year.

Sunak, 42, on Sunday won the race to lead the Conservative Party and is now set to become Britain’s first Indian-born prime minister and youngest leader of the British government. this country in modern times.

While Sunak holds British citizenship, his wife Akshata has Indian citizenship. Her non-resident status, which allows her to earn money abroad without paying tax in the UK for up to 15 years, has been a divisive issue in the UK.

Akshata’s non-resident status became a matter of discussion in the UK when Sunak first entered the race to become prime minister in April this year.

At the time, her spokesperson stated that as a citizen of India she cannot hold the citizenship of another country and that “she has always and will continue to pay royalties”. UK for all his UK income.”

As the controversy heated up, she at the time announced that she would pay UK tax on all her worldwide earnings because of the “British sense of justice” .

It is unknown how much tax she paid in the UK on dividend income accrued to her after April – Rs 16/share final for fiscal year 2021-22 (April 2021 to March 2022) ) to be paid on 31 May 2022, and 16.5 Rs provisional stock dividend for the fiscal year 2022-23 to be paid on 27 October.

Born in Sudha Murthy’s mother’s hometown of Hubballi in northern Karnataka, Akshata attended school in Bengaluru, before transferring to Claremont McKenna College in California, where she graduated with a dual degree in economics and French.

She graduated in fashion design from the Fashion Institute of Design and Business in Los Angeles, after briefly working at Deloitte and Unilever.

She then went on to pursue an MBA at Stanford, where she met Rishi Sunak.

The two got married in 2009. The couple owns a huge real estate portfolio and has two children, Krishna and Anoushka.

They live in a £7 million townhouse in Kensington. They also own a flat in Kensington, a mansion in Rishi’s Yorkshire constituency and a penthouse in California.

The son of a pharmacist mother and a doctor father, Sunak was educated at one of England’s most famous schools, Winchester, and later Oxford. He worked for three years at Goldman Sachs Group Inc. and later earned an MBA at Stanford in California, where he met his wife Akshata Murthy.

According to Infosys filings, promoters hold a 13.11% stake in the company. Of these, the Murty family owns 3.6% (Narayana Murthy holds 0.40%, his wife Sudha 0.82%, son Rohan 1.45% and daughter Akshata 0.93%).

Other promoters include S Gopalakrishnan co-founder, Nandan M Nilekani and SD Shibulal and their families


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