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Seshasayee argued that Sikka's pay revision was decided

"Only 8 per cent of Vishal Sikka's travel in last few months was on chartered jets," he added.

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through a postal ballot with approval through an overwhelming majority.

Quipping that Infosys does not have a corporate jet, Seshasayee sought to put to rest arguments that Sikka had billed the company for travelling with family.

"Only 8 per cent of Vishal Sikka's travel in last few months was on chartered jets," he added.

Seshasayee urged the stakeholders to let the company focus on its operations, saying: "Because we live in a glass house, so please don't stare at us for too long, let us get on with our business."

Earlier in the day, Sikka had said the "drama" going on in the media is "very distracting" even as Murthy -- Infosys' longest-serving chairman -- insisted that concerns over corporate governance need to be addressed "properly".

Sikka said he has always shared a "heart-felt, warm relationship" with Murthy.

Murthy, along with other co-founders, holds some 13 per cent interest in Infosys.

Some of the founders had aired concerns about Sikka's USD 11 million pay and expensive severance packages for former executives Bansal and Kennedy and flagged governance issues.

Infosys, on its part, has denied any governance lapses and said it has made "full disclosures" on all developments.

On the issue of Infosys' huge cash pile of USD 5.25 billion, the company maintained that all capital allocation policies are reviewed periodically and all options will be evaluated.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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