Infosys management did not make timely disclosures: Mohandas Pai

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Latest News – Even as Infosys management denies allegations on corporate governance deficit, its former chief financial officer T V Mohandas Pai on Tuesday accused it of not disclosing necessary details on Rajiv Bansal’s exit with a high severance package of Rs 17.3 crore.

“In October 2015, they had a press release saying the CFO is going, and both the CFO and CEO said nice things about each other. They did not disclose (the severance package)… They didn’t disclose after the December quarter (results),” Pai told PTI on the sidelines of an event here.
The tussle between some of the Infosys founders and the management comes at a time when the (Read More)

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