Roshni Nadar Malhotra: She Has Become 3rd Richest In India

Roshni Nadar Malhotra is now among India’s richest and most powerful people. This dramatic leap is primarily because of a sagacious decision by her father, Shiv Nadar, at HCL, which was founded by him.

Shiv Nadar has gifted a whopping 47% stake in crucial HCL holding companies to his daughter, Roshni, in gift deeds. This huge transfer significantly boosts her control and influence over the global technology giant.

Roshni Nadar Malhotra

Image: HCL Technologies

What Roshni Nadar Malhotra’s Rise Signifies:

Shiv Nadar’s Strategic Move: Shiv Nadar’s move to gift this huge stake marks a deliberate succession, assuring the Nadar family’s dominance of HCL.
Increased Control for Roshni
She now controls a majority shareholding in key HCL promoter companies.
This means very enhanced voting powers, allowing her to influence the strategic direction of HCLTech and HCL Infosystems.
Big Wealth Boost: Her net worth has risen sharply, placing her at 3rd on the Bloomberg Billionaires – India list.
Family Succession: This step is a well-thought-out succession, which ensures the continued leadership of the HCL Group by the Nadar family.
Leadership and Legacy:
She has been the chairperson of HCL Technologies since 2020.
She also plays an important role in managing the philanthropic activities of the Shiv Nadar Foundation.
Simplified: Shiv Nadar bestowed on her a larger share of HCL. This allows her to take crucial decisions.
This strategic shift, triggered by Shiv Nadar, supports Roshni Nadar Malhotra as a strong leader in Indian business, strengthening her position in taking HCL forward and sustaining the legacy of the family.

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