Infosys, India's second largest software exporter, witnessed a sharp drop in share prices on Thursday as the company seen 10th high profile exit, which deepened concerns about future outlook for Infosys in absence of key executives. 

The company announced resignation of president and member of the board BG Srinivas on Wednesday. The resignation is effective June 10, 2014.

The board of directors placed on record their deep sense of appreciation for the services rendered by BG Srinivas during his tenure as member of the board and for his contribution to the company.

Shares of the company are trading at Rs 2,982.60, down Rs 189.6, or 5.98% at the Bombay Stock Exchange (BSE) on Thursday at 9:41 a.m.

The scrip has touched an intra-day high of Rs 3,040 and low of Rs 2,935.00. The total volume of shares traded at the BSE is 118,922.

In the earlier session, the shares rose 1.22%, or Rs 38.3, at Rs 3,172.20.

Currently, the stock is trading down 22.47% from its 52-week high of Rs 3,847.20 and above 28.8% over the 52-week low of Rs 2,315.75.