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Infosys pays Rs 34.35 lakh to settle case with SEBI over severance payment

20 Feb 2019 Evaluate

Infosys has settled with the Securities and Exchange Board of India (SEBI) a case of alleged disclosure lapses regarding severance payment made to its former chief financial officer Rajiv Bansal. The company paid Rs 34.35 lakh to settle the case with the markets regulator.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.

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Company Name CMP
TCS 2191.50
Infosys 1060.65
HCL Technologies 1251.15
Wipro 166.70
Tech Mahindra 1555.15
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