Roshni Nadar Malhotra, daughter of HCL founder Shiv Nadar, has emerged as India’s wealthiest woman and the third-richest individual in the country. This milestone follows the significant transfer of a 47% stake in HCL Corporation and Vama Sundari Investments (Vama Delhi) from her father, propelling her into the global billionaire rankings. This transition reflects the future leadership and continuity of HCL under the Nadar family’s guidance.
In This Article:
The Transfer of HCL Stakes
On March 6, 2025, Shiv Nadar executed a gift deed transferring 47% of his shareholding in both HCL Corporation and Vama Sundari Investments to his daughter. This strategic move is designed to streamline succession and maintain family control over the HCL empire. The transfer was formalized through a private family arrangement and was disclosed in a filing with the stock exchange.
Before this transfer, Shiv Nadar held a 51% stake in both companies. Roshni, now holding a majority of the shares in these entities, has significantly strengthened her position within the company.
Roshni’s Role at HCL
Roshni Nadar became the Chairperson of HCL Technologies in July 2020, following her father’s decision to step down. As a visionary leader, Roshni is expected to steer HCL, a $12 billion global technology enterprise, towards further expansion in global markets.
Impact on HCL’s Ownership and Control
As per the stock exchange filing, Roshni’s new stake means she now holds controlling interest in both Vama Delhi and HCL Corp. This gives her significant voting rights and the ability to influence the strategic direction of HCL Technologies. The continuity of leadership under Roshni ensures that the Nadar family’s legacy and influence on HCL remain intact.
Shiv Nadar’s Legacy and Philanthropy
Shiv Nadar, who founded HCL in 1976, has not only built one of India’s largest technology companies but has also been an influential philanthropist. His wealth has been directed towards initiatives that promote education and social development through the Shiv Nadar Foundation.
Roshni Nadar’s Growing Wealth
With this transition, Roshni’s net worth has surged to unprecedented levels, placing her among the world’s richest individuals. According to Bloomberg Billionaires’ list, Roshni’s fortune is primarily driven by her stake in HCL, and her leadership is expected to sustain the company’s growth and global presence.
Roshni Nadar’s rise to India’s wealthiest woman symbolizes the success of the Nadar family in both business and philanthropy. With control over HCL and its philanthropic ventures, she is well-positioned to continue her father’s legacy while expanding the company’s footprint globally.
By – Kartik
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