Wednesday, September 14, 2011

Infosys plans to distribute shares to employees


Infosys is planning to surprise its employees before this Deepawali. The company will distribute more than 28 lakhs of its shares to all of its permanent employees, promoter and others.
Infosys will distribute 656 crore rupee worth shares. It is waiting for an approval from Bombay Stock Exchange and its further internal decision, after which it can start distributing the shares to its employees before this year-end which can be considered as bonus gift by its employees. Those who have more 10% of shares will not be eligible for this benefit.

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Infosys always believed that shareholder are the main pillars for the growth of the company. So further to this belief, company is planning to include its own employees as the shared holders. This will help company grow faster because once employees start feeling that its their own company and company also values their work, employees will start contributing more for the company growth in the form of total dedication in their day-to-day work.
This information is based on the news posted on IT Pro. See the below link for full detail.
Posted by Prayas at 1:26 PM
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