 "Balakrishnan")
A former board member of Infosys, V Balakrishnan, has reiterated the call for company chairman R Seshasayee to step down, saying the explanations by the board on the severance pay to former executive Rajiv Bansal were “disappointing”, and asked for a forensic investigation of the transaction and make the report public.
On Monday, Seshasayee and chief executive Vishal Sikka, who had differences with Bansal, repeatedly asserted that the severance pay to the former chief financial officer (Bansal) was handled with transparency. They also said the processes had been changed, with the contracts of senior management persons reworked to align their
