Roshni Nadar becomes 3rd richest Indian after Shiv Nadar’s 47% HCL stake gift: Reports
In a significant development, HCL Technologies Chairperson Roshni Nadar Malhotra has catapulted to the third richest person in India after her father, HCL Group Founder Shiv Nadar, gifted her a 47% stake in both HCL Corporation and Vama Sundari Investments (Delhi). This remarkable move has not only made Roshni one of the richest women in the country but also underscored her growing influence in the business world.
According to multiple reports, Roshni, who is the only child of Shiv Nadar and his wife Kiran, is now estimated to have a net worth of over $13 billion, making her the third richest Indian after Mukesh Ambani and Gautam Adani. This staggering sum is a testament to the immense wealth and business acumen of the Nadar family, who have built HCL into one of India’s most successful and respected technology companies.
Roshni, who is married to HCL Healthcare CEO Shikhar Malhotra, has been involved with the family business for many years, serving as the Chairperson of HCL Technologies since 2016. Under her leadership, the company has continued to thrive, with revenues growing significantly and the company expanding its presence in various sectors.
The gift of the 47% stake in HCL Corporation and Vama Sundari Investments is seen as a significant endorsement of Roshni’s ability to lead the company and her commitment to the family’s business values. Shiv Nadar, who is widely respected for his business acumen and philanthropic efforts, has long been known for his keen ability to identify and nurture talent, and it appears that he has handed the reins to his capable daughter.
Roshni’s rise to prominence is a remarkable story of hard work, dedication, and a deep understanding of the technology industry. Born into a family of entrepreneurs, she was exposed to the world of business from a young age and was actively involved in the family’s various ventures. Her father, Shiv Nadar, is a self-made billionaire who built HCL from scratch, and Roshni has inherited his business acumen and strategic thinking.
Roshni’s journey to the top has not been without its challenges. She has faced numerous obstacles and setbacks along the way, but her determination and perseverance have allowed her to overcome them. Her leadership has been marked by a focus on innovation, customer satisfaction, and employee empowerment, and she has been instrumental in driving HCL’s growth and expansion into new markets.
The gift of the 47% stake in HCL Corporation and Vama Sundari Investments is not only a testament to Roshni’s business acumen but also underscores the importance of succession planning in family-owned businesses. By handing over a significant stake to his daughter, Shiv Nadar has not only ensured the future of the company but also given Roshni the autonomy to make decisions and shape the company’s future.
Roshni’s new status as one of India’s richest women is a significant milestone, and her story is likely to inspire countless young women to pursue careers in business and technology. Her rise to the top is a testament to the power of hard work, determination, and a willingness to take risks, and she is an inspiration to anyone who is passionate about building a successful career.
In conclusion, Roshni Nadar Malhotra’s gift of the 47% stake in HCL Corporation and Vama Sundari Investments is a significant development that underscores her growing influence in the business world. As the Chairperson of HCL Technologies, she has proven herself to be a capable and visionary leader, and her new status as one of India’s richest women is a testament to her business acumen and entrepreneurial spirit.
Source:
https://www.newsx.com/india/who-is-roshni-nadar-malhotra-indias-third-richest-woman/amp/
