Roshni Nadar gets 47% of father Shiv’s stake in HCL Corporation and Vama Delhi

Shiv Nadar, founder of HCL, has gifted a 47 per cent of his stake in HCL Corp and Vama Delhi to his daughter Roshni Nadar Malhotra as part of a strategic succession plan.

After the transfer, Malhotra will acquire control and become a majority shareholder of Vama Delhi and HCL Corp, HCLTech said in a stock exchange filing. HCL Infosystems also made a similar filing.