HCL Technologies’ Shiv Nadar gifts 47% stake to daughter Roshni Nadar in these promoter companies | Stock Market News
Source: Live Mint
HCL group founder Shiv Nadar has gifted 47 per cent of his stake in HCL Corp and Vama Delhi, the promoter entities of the group, to his daughter Roshni Nadar Malhotra as part of a well-planned succession strategy. Following the transfer, Malhotra will acquire control and become a majority shareholder of Vama Delhi and HCL Corp, HCL Technologies and HCL Infosystems said in stock exchange filings.
