Roshni Nadar Malhotra has solidified her position as one of the richest persons in India, ranking third behind Mukesh Ambani and Gautam Adani. Her ascent to this lofty status comes in the wake of a major succession transaction that handed over a large chunk of HCL Corporation’s shares to her, solidifying her power in India’s corporate scene.
Massive Stake Transfer Positions Roshni Nadar as HCL Chairperson
On 6 March, Shiv Nadar, the HCL Technologies founder, made a historic move by giving away 47% of his holding in Vama Sundari Investments (Delhi) Private Limited and HCL Corporation Private Limited to his daughter. Transferring the holding with two gift deeds has provided Roshni with majority control over HCL Technologies and HCL Infosystems, the market leaders under the HCL Group.
This transition cements Roshni’s role as a key decision-maker in one of India’s largest technology conglomerates. With this move, she now holds the largest shareholder position in HCL Corp, further strengthening her leadership in the business world.
Who is Roshni Nadar Malhotra?
Roshni Nadar Malhotra’s path to becoming one of India’s most influential women is firmly embedded in her education and working background. Born in 1982 in New Delhi, she is the sole child of Shiv Nadar and Kiran Nadar. She majored in Communications at Northwestern University before obtaining an MBA from the Kellogg School of Management.
Roshni is a keen participant on a number of esteemed academic and corporate boards. She is on the Dean’s Advisory Council for MIT’s School of Engineering and the Executive Board for Asia at Kellogg. She is also on the board at the US-India Strategic Partnership Forum (USISPF) and a global board of directors member of The Nature Conservancy (TNC). She is also an independent director at HDFC Asset Management Company.
A Passion for Social Change and Philanthropy
In addition to her corporate success, Roshni is also a committed philanthropist. As a trustee of the Shiv Nadar Foundation, she has been instrumental in initiating programs such as VidyaGyan, a leadership academy to deliver quality education to disadvantaged students.
Her Personal and Professional Life
Roshni is wedded to HCL Healthcare’s vice chairman Shikhar Malhotra. The couple represents a formidable couple in the philanthropy and business world.
Roshni Nadar Malhotra has not only joined the ranks of India’s richest after this new transfer of stakes, but she has also cemented her place among the nation’s most powerful business leaders.
