Indias richest woman: In a recent turn of events that has created waves in the Indian business world Roshni Nadar Malhotra has emerged as the third richest Indian following significant wealth transfer from her father Shiv Nadar founder of the HCL Group. For those unversed HCLTech’s Co-founder Shiv Nadar has gifted 47 per cent shareholding in the companys promoter firms to his daughter Roshni Nadar Malhotra. According to a company stock exchange filing Nadar is transferring 47 per cent shareholding in Vama Sundari Investments (Delhi) Pvt. (Vama Delhi) and 47 per cent shareholding in HCL Corp. As per Bloomberg Billionaires data as a result of this succession plan Roshni has got a place in Indias wealthiest individuals list behind only Mukesh Ambani ($88.1 billion) and Gautam Adani ($68.9 billion) thereby becoming Indias richest woman. Gift deed in favour of Roshni Nadar Malhotra “A Gift deed dated March 6 2025 executed by Mr. Shiv Nadar in favour of his daughter Ms. Roshni Nadar Malhotra for transfer of his 47 per cent shareholding in Vama Sundari Investments (Delhi) Private Limited (Vama Delhi)” read the filing. Also a “Gift deed dated March 6 2025 executed by Mr. Shiv Nadar in favour of his daughter Ms. Roshni Nadar Malhotra for transfer of his 47 per cent shareholding in HCL Corporation Private Limited (HCL Corp)” it added. Prior to execution of the gift deeds Shiv Nadar and Roshni Nadar Malhotra held 51 per cent and 10.33 per cent shareholding respectively in both Vama Delhi and HCL Corp. Shiv Nadar and Roshni Nadar Malhotra are promoters of the Company and are also the shareholders of Vama Delhi and HCL Corp which are promoter/promoter group of the Company. After the transfer Malhotra will acquire control of and become majority shareholder of Vama Delhi and HCL Corp and accordingly will acquire control over the voting rights in relation to the 44.17 per cent stake held by Vama Delhi and 0.17 per cent stake held by HCL Corp in the company. (With inputs from agencies)