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Activist shareholders a risk to growth: Infosys CEO Salil Parekh

In the latest annual report for 2017-18, the IT firm said such activism may impact the price of its equity and ADSs negatively

Debasis Mohapatra  |  Bengaluru 

Bengaluru-based software services major Infosys has billed activist shareholders as one of the risks to its future business growth because it may distract the top management from focusing on core operations. In the latest annual report for 2017-18, the IT firm said such activism may impact the price of equity and American Depositary Shares (ADSs) negatively.

Infosys CEO Salil Parekh “Attempts to fully address concerns of activist shareholders may divert the time and attention of our management and board of directors. It may impact the prices of our equity ...

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First Published: Wed, May 23 2018. 00:33 IST
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