A new figure has ascended in the ranks of India’s wealthiest individuals. Roshni Nadar Malhotra has solidified her standing as one of the richest women in the country, now ranking as the third wealthiest person after Mukesh Ambani and Gautam Adani. Her rise to this position follows a major succession move that has granted her a significant stake in HCL Corporation, establishing her as a dominant force in the Indian corporate sector.
On March 6, Roshni’s father, Shiv Nadar, the founder of HCL Technologies, made a significant decision by transferring 47% of his stake in both Vama Sundari Investments (Delhi) Private Limited and HCL Corporation Private Limited to his daughter. This transition was formalized through two gift deeds, effectively granting her control over HCL Tech and HCL Infosystems, the principal entities of the HCL Group. With this transfer, Roshni has emerged as the largest shareholder in HCL Corp, ensuring her majority control over one of India’s leading technology conglomerates.
Roshni Nadar Malhotra’s journey to becoming one of the wealthiest women in India is deeply connected to her academic and professional background. Born in 1982 in New Delhi, she is the only child of Shiv and Kiran Nadar. She attended Vasant Valley School before pursuing a degree in Communications at Northwestern University. She later went on to earn an MBA from the Kellogg School of Management.
Her leadership capabilities extend beyond her family’s business empire. She is an esteemed member of the Dean’s Advisory Council at the MIT School of Engineering and also serves on the Executive Board for Asia at the Kellogg School of Management.
Apart from her academic connections, Roshni occupies several influential positions globally. She is a board member of the US-India Strategic Partnership Forum (USISPF) and serves on the global board of directors of The Nature Conservancy (TNC). Additionally, she holds a role as an independent director on the board of HDFC Asset Management Company.
Beyond her corporate commitments, Roshni is also deeply engaged in philanthropy through the Shiv Nadar Foundation, which is dedicated to promoting education and fostering social change. As a trustee of the foundation, she has played a key role in establishing initiatives like VidyaGyan, a leadership academy designed to support underprivileged students.
In her personal life, Roshni is married to Shikhar Malhotra, the vice chairman of HCL Healthcare. Together, they form a powerful and influential partnership in the business world.