Infosys CEO Vishal Sikka on Monday wrote an email to the company’s employees stating that reports appearing in certain sections of the media on the Panaya acquisition are ‘false and malicious’.
“Once again, today, some newspapers have carried false and malicious stories about our company; this time it is about the acquisition of Panaya,” Mr. Sikka wrote in his email. “These speculations and fabrications are clearly designed to tarnish our reputation, and they specifically target our employees, including myself, to the point of harassment,” he wrote.
“They create a false alternate-reality out of events and dates, with embellishments that are calculated to mislead and sensationalise.”
Earlier, there were media reports that a whistle-blower had written a letter to SEBI regarding irregularities in the acquisition of Israeli firm Panaya by Infosys. Infosys had acquired Panaya in 2015 for $200 million after Mr. Sikka took charge at Infosys as the CEO.
Mr. Sikka also told Infosys employees that these attacks were ‘orchestrated by people with intention to harm the reputation of Infosys and the employees.’
“These distractions are expensive, draining and time-consuming,” he wrote.
