People · #85 of 100 Net worths as of Sep 24, 2026
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#85 of 100 · AI & tech

Shiv Nadar

Software Services
Net worth
$28B
Forbes Real-Time · as of Sep 24, 2026
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Latest moves

No moves from Shiv Nadar in the digest yet. The archive grows every morning.

Recent SEC filings

This person doesn't file with the SEC.

Footprint

Companies

HCL Technologies Ltd. (HCLTech)HCLTECH · NSE (BSE: 532281) · Founder · 60.88% · as of Jun 2026
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Ticker
HCLTECH
Exchange
NSE (BSE: 532281)
Role
Founder (1976) and chairman emeritus/strategic advisor; handed the chair to his daughter Roshni Nadar Malhotra in 2020 and stepped down as MD in July 2021; promoter group controls HCLTech
Stake
60.88% (promoter group)
Stake as of
2026-06
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Investment vehicles

Vama Sundari Investments (Delhi) Pvt. Ltd.holding co
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Type
holding co
Notes
Promoter holding company for the family's HCLTech stake. In March 2025 Shiv Nadar gifted 47% of his holding in Vama Delhi and HCL Corp to Roshni Nadar Malhotra, making her the largest shareholder.
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HCL Corporation Pvt. Ltd.holding co
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Type
holding co
Notes
Promoter holding company; part of the March 2025 succession gift.
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Private deals

Shiv Nadar gifted 47% shareholdings in the HCL promoter entities (Vama Sundari Investments (Delhi) and HCL Corp) to…Mar 2025
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In full
Shiv Nadar gifted 47% shareholdings in the HCL promoter entities (Vama Sundari Investments (Delhi) and HCL Corp) to daughter Roshni Nadar Malhotra, passing control of HCLTech to her (Mint, March 8, 2025).
Date
2025-03
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HCLTech acquired HPE's Communications Technology Group assets for $225M.May 2024
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HCLTech acquired data-management software firm Zeenea for EUR 24M.Aug 2024
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Giving

Shiv Nadar Foundation (India; the family donated Rs 2,708 crore through it in FY2025; Forbes counts $1.1B+ in lifetime giving to the foundation)
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Shiv Nadar University and SSN College of Engineering (founded 1996)
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Research gaps: The session ran out of web searches, and the primary Mint article on the 2025 gift could not be fetched directly (Wikipedia citation used). Exact percentages the promoter entities hold in HCLTech were not verified. No real estate, lawsuits or regulatory actions were found in the fetched sources. A US 'Shiv Nadar Foundation' (Santa Clara, CA; EIN 27-2128696) appears on ProPublica, but its tie to the Indian foundation was not confirmed, so it was left out.

What to watch

HCLTech Q2 FY2026-27 results and interim dividendOct 12, 2026
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IT services demand and AI-driven pricing pressure on Indian IT outsourcers (HCLTech revenue ~$14B in FY26)
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Any further promoter share moves between family holding companies (Vama Delhi / HCL Corp) as succession continues
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