T.V.S. Iyengar family Tulsi Tanti & familyManoj G. Tirodkar & familyKiran Mazumdar-Shaw & familyS.D. Shibulal & familyVenugopal N. Dhoot & familyRamesh Chandra Agarwal & familyR.P. Goenka & family Nusli Wadia & family Glenn Saldanha & familyKarsanbhai K. Patel & familyShyam Bhartia & familyNitin J. Sandesara & familyB.C. Jindal & familyP.V. Ramprasad Reddy & familyRaghav Bahl & familyNaresh Goyal & familyRam Narayan Agarwal & familyKirloskar family Habil Khorakiwala & familyDevendra Kumar Jain & familyKishore Biyani & familyRana Kapoor & familyQimat Rai Gupta & familyRakesh Kumar Wadhawan & familyB.G. Raghupathy & familyG.V.K. Reddy & family Mukesh Gupta & familyNikhil Gandhi & familyRajju Shroff & familyDinesh Shahra & familyB.K. Goenka & family Mahendra Mohan Gupta & familyRohtas Goel & familyPrathap C. Reddy & familyAnand Jain & familyT.T. Krishnamachari & familyRavi Puravankara & familyBhavarlal H. Jain & familyBhadresh K. Shah & familyHem Singh Bharana & family V.P. Nandakumar & familyShantanu Prakash & familySiddhartha Lal & familyBasant Kumar Birla & familyArvind Dham & familyChandru L. Raheja & familyBraj Binani & family

Sundaram-Clayton, TVS Motors, Sundram Fasteners, etc.25

Suzlon Energy GTL, GTL InfrastructureBiocon Infosys Videocon Industries, Value Industries, Trend ElectronicsDB CorpCESC, Phillips Carbon Black, RPG Life Sciences, etc. 26

Britannia Industries, Bombay Dyeing, National Peroxide, etc. 27

Glenmark Pharmaceuticals Nirma Jubilant Life Sciences, Jubilant Industries, etc. 28

Sterling International Enterprises, Ensa Steel, Sterling Biotech Maharashtra Seamless, Jindal Poly Films, etc. 29

Aurobindo Pharma IBN 18 Broadcast, Network 18 Media, etc. 30

Jet Airways (India) Sanwaria Agro Oils Kirloskar Brothers, Kirloskar Ferrous Inds, Kirloskar Industries, etc. 31

Wockhardt, Carol Info ServicesInox Leisure, Gujarat FluorochemicalsPantaloon Retail, Future Capital Holdings Yes Bank Havells IndiaHousing Development & Infrastructure BGR Energy Systems GVK Power & Infrastructure, Novopan Industries, etc. 32

Lloyds Steel, Lloyd Metals & Energy, Shree Global TradefinPipavav ShipyardUnited Phosphorus, Advanta India, Uniphos EnterprisesRuchi Soya Inds, Ruchi Strips & Alloys, etc. 33

Welspun Corp, Welspun Syntex, Welspun Projects, etc. 34

Jagran Prakashan OmaxeApollo Hospitals Enterprise, Indraprastha MedicalJai Corp TTK Healthcare, TTK PrestigePuravankara Projects Jain Irrigation Systems AIA Engineering, Welcast SteelsEra Infra Engg, Era Financial ServicesManappuram General Finance & Leasing Educomp Solutions Eicher Motors Kesoram Industries, Century Textiles, Century Enka, etc. 35

Ahmednagar Forgings, Amtek India, Amtek AutoShoppers Stop Binani Industries, Binani Cements

525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899

26.04-26.744.0720.9623.779.733.71

-20.209.836.57

64.76-9.2322.0919.362.0027.04-6.85

309.85-23.89136.17119.90-30.1721.6031.42-45.43-11.19-41.79-38.3757.56-13.129.67

-26.419.9451.0722.49-37.70224.77

7.91-6.85-12.85-15.1393.30-43.77105.98-30.8219.11

103.05

63.39

4,395.134,352.224,211.834,190.514,087.664,015.033,887.403,860.823,843.443,703.133,695.003,586.873,519.193,463.443,100.313,089.033,088.413,032.282,996.322,946.112,940.152,892.782,858.592,850.912,810.852,793.432,542.262,459.612,366.652,185.112,174.082,145.112,128.972,125.932,112.172,110.572,109.392,095.682,093.382,041.972,038.562,012.431,999.631,986.681,961.551,961.291,934.421,866.37

3,487.165,940.874,047.293,464.383,302.593,659.173,748.234,838.063,499.373,474.772,242.623,951.812,882.422,901.693,039.482,431.603,315.65

739.853,936.921,247.471,337.014,142.432,350.802,169.265,150.873,145.284,367.113,991.001,502.062,514.971,982.372,915.051,936.491,407.231,724.413,387.99

649.511,942.082,247.202,343.102,402.061,041.073,556.30

964.502,835.241,646.61

952.661,142.27

5239586972636249676898598079788871

201601411375595102407553NA1258710485107130113702161069796891616617282118174147

RUPEE BILLIONAIRES

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

INDIA’SS U P E R

RICH2 0 1 1

For footnotes, see page 77; for methodology, see page 66

India’s Super

Promoters Billionaire.qxd 15-07-2011 19:37 Page 2

Shishir Bajaj & familyJignesh Shah & familyP.R.S. Oberoi & familyB.K. Modi & familyVidya & Narendra Murkumbi & familyPremchand Godha & familyP.N.C. Menon & familyAshokkumar Ruia & familyB.M. Khaitan & familyOnkar Kanwar & familyDhruv M. Sawhney & familyMahendra Kumar Jajodia & familySanjeev Bikhchandani & family Rajesh Mehta & familySanjeev Mansotra & familyM.A.M. Ramaswamy & familyShashi Kiran Shetty & familyThapar familyRavi & Bharat Sheth & family 42

Ashok Sarin & familyAbhijit Rajan & familyE. Sudhir Reddy & familySanjay Jhunjhunwala & familyDinesh Patel & familyReji Abraham & familyVinod Ramnani & familyRishi Agarwal & familyKrishna Kumar Modi & familyMofatraj P. Munot & familyH.S. Bedi & familyAshok Mohan Advani & familyP.R. Ramasubrahmaneya Rajha & familyAnaljit Singh & familyHemant M. Shah & familyPradeep Kumar Jain & familyC.K. Somany & familyMohan A. Chandavarkar & familyT. Venkattram Reddy & familyB.L. Taparia & familyKamal Khetan & familyNimesh N. Kampani & familyPramod Mittal & familyArun Kumar Jagatramka & familyAnkool Rishi & familyMehul Choksi & familyArun Bharat Ram & familyVikram Anantrai Doshi & familyM.P. Ramachandran & familyS.P. Oswal & family

Bajaj Hindusthan, Bajaj Corp 38

Financial Technologies (India) EIH, EIH Associated Hotels S. Mobility, IO SystemShree Renuka Sugars Ipca Labs, Makers LabsSobha Developers Phoenix Mills Eveready Inds, McLeod Russel, McNally Bharat Engg, etc. 39

Apollo Tyres, PTL EnterprisesTriveni Engineering & Industries Monnet Ispat & Energy, Monnet Industries, etc. 40

Info EdgeRajesh Exports Core Projects & Technologies Chettinad Cement Corporation Allcargo Global Logistics JCT, Greaves Cotton, JCT Electronics, etc. 41

Great Eastern Shipping CompanyAnant Raj Industries Gammon, Gammon InfrastructureIVRCL Infra & Projects, IVRCL Assets & Holdings, etc. 43

Rei Six Ten Retail, Rei Agro SintexAban LloydOpto Circuits (India) ABG Shipyard, ABG Infralogistics Godfrey Phillips India Kalpataru Power Transmission, JMC Projects Tulip Telecom Blue Star, Blue Star InfotechMadras Cements, Ramco Industries, etc. 44

Max India Ackruti City Parsvnath Developers Hindusthan National Glass & Industries FDC Deccan Chronicle Holdings Supreme Industries, Supreme PetrochemSunteck Realty JM Financial Ispat Industries 45, Gontermann-Peipers, Balasore Alloys Gujarat NRE CokeMVL, MVL IndustriesGitanjali Gems SRF, Kama HoldingsVaarad Ventures Jyothy Laboratories Vardhman Textiles, Vardhman Holdings

100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148

44.84

-44.78

-25.49

735.97

-1.94

11.51

7.22

-2.23

-9.75

12.82

-29.75

54.75

53.45

-8.57

50.24

19.11

-6.56

35.45

-1.74

-36.87

-32.04

-45.22

22.64

19.27

-46.20

32.31

61.36

-1.42

-28.25

-16.15

1.81

-14.58

-18.81

-56.65

-20.23

-17.11

26.34

-47.94

53.34

-48.51

-36.32

12.31

-40.84

34.82

125.52

62.99

208.61

29.49

0.40

1,820.511,813.061,788.981,788.251,778.751,754.011,748.631,738.631,714.481,687.721,683.101,642.711,625.351,622.501,607.881,604.671,583.451,529.901,529.381,516.621,506.401,494.601,461.001,446.721,442.771,441.921,429.011,418.481,415.231,407.981,397.061,394.101,356.721,349.701,342.691,267.101,245.871,238.121,235.751,226.371,203.061,201.311,200.251,180.621,152.851,135.421,132.881,119.311,110.02

1,256.923,283.462,400.95

213.911,813.901,572.901,630.821,778.251,899.721,495.932,395.781,061.561,059.211,774.611,070.201,347.171,694.641,129.491,556.392,402.342,216.752,728.551,191.301,212.962,681.701,089.82

885.591,438.991,972.371,679.171,372.181,632.001,670.963,113.701,683.261,528.58

986.162,378.26

805.912,381.871,889.261,069.602,028.79

875.73511.21696.64367.10864.41

1,105.55

1407391

3781101221201111081269215815911215513611415012390998314514384154180129105116134119117771151241699418993109156103179235210278182153

Source: Ace Equity

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

Rich, 2011

Promoters Billionaire.qxd 15-07-2011 19:37 Page 3

Kapil & Dheeraj Wadhawan & familySunder Genomal & familyAjay & Archana Mittal & familyDinesh T. Shah & familyK.K. Bangur & familyHemant Kanoria & familyAnnand Sarnaaik & familySanjay S. Lalbhai, brothers & familyJanardan Agarwal & familyShashikant Patel & family

Y.H. & J.H. Dalmia & family 47

Hari Shankar Singhania & familyB.D. Mundhra & familyUrvi Ashok Piramal & familyKamal K. Singh & familyDharaprasad R. Poddar & familyVinod Goenka & familyShahid Balwa & familyIsmail Memon & familyVishnubhai M. Patel & familyIndu Jain & family 49

Ajit Gulabchand & familyDilip Piramal & familyBansidhar Panda & familyRamachandra N. Galla & familySoshil Kumar Jain & familyPrakash A. Mody & familyLakshmi Niwas Bangur & familyC.P. Krishnan Nair & familyP.P. Chhabria & familyAmarchand R. Gala & familyAtul Punj & familySudip Dutta & familyY.S. Chowdary & familyNitin Kasliwal & familyVijaypat Singhania & familyAnil Jain & familyPadam Prakash Gupta & familyN. Srinivasan & familyNikhil V. Merchant & familySatyanarayan Nuwal & familyDamodar Prasad Choudhary & familyPrem Singhee & familyLakshmi Niwas Jhunjhunwala & familyK.M. Mammen Mappillai & familyG.R. Surana & familyChimanlal K. Mehta & familyMahendra Nahata & family

Dewan Housing Finance Corpn. Page Industries Arshiya International 46

Asian Star Company Graphite India SREI Infrastructure Finance Glodyne Technoserve Arvind, Atul, Arvind Products, AmalBombay Rayon Fashions Plethico Pharmaceuticals

Dalmia Bharat Sugar and Inds, Dalmia Bharat EnterprisesJK Tyre & Inds, JK Paper, JK Lakshmi Cement, etc. 48

Simplex Infrastructures, Simplex Projects Peninsula Land, Morarjee TextilesRolta IndiaBalkrishna Industries, Siyaram Silk Mills, Govind Rubber DB RealtyDB RealtyKGN IndustriesSadbhav Engineering Entertainment Network, Times Guaranty Hindustan Construction Company VIP Industries, Windsor MachinesIndian Metals & Ferro AlloysAmara Raja Batteries Panacea Biotec Unichem Laboratories Andhra Pradesh Paper Mills, Maharaja Shree Umaid MillsHotel Leela Venture Finolex Industries, Finolex CablesNavneet Publications (India) Punj LloydEss Dee Aluminium Sujana Towers, Sujana Universal Inds, Sujana Metal ProductsS Kumars Nationwide, Brandhouse RetailRaymond Time Technoplast, TPL PlastechTechno Electric & EnggIndia Cements, India Cements CapitalSwan Energy Solar Industries (India) Himadri Chemicals & Industries. Shiv-Vani Oil & Gas Exploration Services HEG, RSWM, Bhilwara Spinners, BSL, etc. 50

MRF Surana Industries, Surana CorporationDeepak Fertilisers, Deepak NitriteHFCL, Quadrant Televentures

149150151152153154155156157158

159160161162163164165165167168169170171172173174175176177178179180181182183184185186187188189190191192193194195196

44.81

98.79

22.94

16.38

8.13

288.17

0.24

138.35

19.87

-9.96

-54.21

-16.38

-28.12

-16.74

-22.55

16.30

-74.67

-74.67

-78.01

15.20

17.46

-45.73

158.65

-20.70

15.58

-17.63

8.27

278.31

-16.62

16.54

7.92

-63.84

19.14

76.48

-2.88

33.39

19.79

6.58

-26.78

-33.60

35.44

-8.84

-27.28

-24.03

-7.74

19.82

39.25

173.44

1,102.011,094.391,083.911,070.841,043.251,033.501,033.471,032.651,018.391,007.17

992.61984.60984.08953.25938.32919.39904.37904.37891.16882.66879.16878.94863.20848.08841.03835.13831.07829.45823.85816.13811.96797.57796.13787.37784.57764.05760.82759.78756.58754.92754.75751.39745.00734.78712.16708.10707.74704.27

761.01550.53881.66920.12964.80266.25

1,031.00433.25849.57

1,118.61

2,167.891,177.401,369.051,144.901,211.58

790.543,570.823,570.824,052.52

766.22748.47

1,619.62333.74

1,069.39727.65

1,013.85767.59219.25988.08700.29752.40

2,205.96668.22446.16807.86572.78635.14712.86

1,033.351,136.99

557.27824.29

1,024.55967.16771.92590.99508.23257.56

NA228178176171334163261183151

10115213514614419364645719720012129115720516519637416820819986213256188225218206162148227185164170195223236344

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

PROMOTERS WORTH > Rs 500 CRORE AND < Rs 1,000 CRORE

INDIA’SS U P E R

RICH2 0 1 1

For footnotes, see page 77; for methodology, see page 66

India’s Super

Promoters Billionaire.qxd 15-07-2011 19:37 Page 4

Prashant Jhawar & familyLalit Khaitan & familySamer Manchanda & family 51

Vivek Saraogi & familyAditya Jajodia & familyJaydev Mody & familyAchal Bakeri & familySanjay Dhingra & familyL.G. Varadarajulu & familyGulshan Kumar & familyK. Raghavendra Rao & familyGaur Hari Singhania & familyChirayu R. Amin & familyK.S. Raju & familyGhanshyamdas Agarwal & familyO.P. Lohia & familyJyotindra B. Mody & familyPawan Kumar Ruia & familyK.M. Chandaria & familyRajhoo Bbarot & familyChandra Kant Birla & familyM. R. Jaishankar & familyGhanshyam Kejriwal & family 55

Sameer Gehlaut & familyPriyadarshan Mundhra & familyAnjan Malik & familyAtul K. Nishar & familyArun Jain & familyAbhay Firodia & family Gautam N. Mehra & familySuman Gupta & familySudarshan Walia & familyS.V. Balasubramaniam & familyPrem Kishan Gupta & familyAshok B. Jiwrajka & familyA.V.S. Raju & familyJawahar Lal Oswal & familyV.P. Agarwal & familyJanmejay R. Vyas & family

K.P. Ramasamy & familyKewalchand P. Jain & familySusheel G. Somani & family Bhagirath C. Arya & familyV.C. Nannapaneni & familyRamesh Chand Garg & familyKamal Kishore Sarda & familyP.K. Khurana & familyAshok Chaturvedi & family

Usha Martin, Usha Martin Education & Solutions, UT Radico Khaitan Den Networks Balrampur Chini Mills Jai Balaji Industries Delta CorpSymphony Kwality DairyPricol, Elgi Equipments, LGB Forge, etc. 52

Kwality DairyOrchid Chemicals & Pharmaceuticals JK Cement, Jaykay EnterprisesAlembic & PaushakNagarjuna Fertilizers & Chem, Nagarjuna Agrichem, etc. 53

Adhunik Metaliks Indo Rama Synthetics (India) JB ChemicalsFalcon Tyres, Dunlop TyresAegis Logistics Atlanta Hindustan Motors, Orient Paper & Industries etc. 54

Brigade Enterprises Electrosteel CastingsIndiabulls Financial Services, Indiabulls Real Estate, etc. 56

eClerx ServiceseClerx ServicesHexaware Technologies Polaris Software Lab Force Motors Savita Oil Technologies Ushdev InternationalAhluwalia Contracts, Ahlcon ParenteralsBannari Amman Spinning Mills, Bannari Amman Sugars 57

Gateway Distriparks Alok Industries, Grabal Alok ImpaxNCC & NCC FinanceNahar Spinning Mills, Nahar Industrial Enterprises, etc. 58

Prakash Industries Dishman Pharmaceuticals & Chemicals

KPR MillsKewal Kiran ClothingKopran, Oricon Enterprises, Sampada ChemicalsJBF IndustriesNatco Pharma KS Oils Sarda Energy & Minerals Everest Kanto Cylinder Flex Foods, Uflex

197198199200201202203204205206207208209210211212213214215216217218219220221222223224225226227228229230231232233234235

236237238239240241242243244

-43.00

7.66

-53.18

-20.79

-12.45

141.35

281.60

-3.92

34.37

-3.91

128.70

-21.43

47.70

-21.04

-23.18

80.55

87.56

-22.18

119.35

125.19

-8.79

-35.19

-40.74

-22.97

93.40

93.34

93.78

14.84

127.92

18.66

45.85

-46.41

-24.46

-12.11

-3.00

-38.20

12.56

-64.19

-51.79

61.86

122.82

117.25

41.00

104.73

-52.12

5.53

-34.83

65.83

703.69691.11687.97687.96676.01671.74667.42662.25660.01658.96646.05641.24634.76633.70631.81627.42622.21617.06603.36586.94579.30576.85570.60555.75551.20551.03544.73543.48543.08534.89534.60534.08530.84530.67529.05520.74512.16505.96503.27

498.91498.31487.58483.74483.69482.54477.69476.74470.86

1,234.44641.95

1,469.39868.54772.13278.33174.90689.25491.17685.80282.49816.17429.76802.51822.42347.50331.74792.95275.06260.64635.10890.06962.80721.46285.00285.00281.11473.26238.28450.79366.55996.65702.73603.80545.42842.62455.01

1,412.941,044.01

308.23223.64224.44343.08236.25

1,007.87452.65731.59283.94

14221712718119432340621124221232118726219018628629219232634021917717381

318317322246356253279167207221230184251131160

299371370288358166252204319

Source: Ace Equity

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

PROMOTERS WORTH > Rs 100 CRORE AND < Rs 500 CRORE

Rich, 2011

Promoters Billionaire.qxd 15-07-2011 19:37 Page 5

Kishore Padmanabhan & familyParag Shah & family N. Jagan Mohan Reddy & familyAshwin C. Muthiah & familyRajendra K. Somany & familyPravin & Rupen Patel & familySanjay Govil & familyN.D. Desai & familyNitin Kumar Didwania & familySubhash and Rahesh Agarwal & familyRajan Nanda & familySalil Taneja & familyB.V.R. Mohan Reddy & familyPrasanta Kumar Mohanty & familyUdayant Malhoutra & familySumant J. Patel & familyArbind Jayaswal & familyChhotalal S. Ajmera & familyN. Nageswar Rao & familyShapoorji Pallonji & family 60

Bhanu Patel & familyM.Y. Ghorpade & familyR.G. Chandramogan & familyBijon & Bikramjit Nag & familyAjay S. Shriram & familyH.K. Mittal & familyL. Lakshman & family N. Sankar & familyRanjit & Aditya Puri & familyVishambhar Saran & familyNaresh Kumar & familyMohan H. Bhandari & familyA.J. Prasad & familyNaresh Malhotra & familyB.L. Agarwal & familyM.P. Purushothaman & familyShree Kumar Bangur & familyUsha B. Kulkarni & familyPrakash M. Sanghvi & familyChandra Kumar Dhanuka & familyP.C. Sethi & familyTrilochan Singh Sahney & familyVinod Kashyap & familyKochouseph Chittilappilly & familyB. Balaji Rao & familyVimal K. Patel & familyTapaas Chakravarti & familyHarshil P. Kanani & familyPramod Chaudhari & family

Everonn Education Man InfraconstructionRain Commodities Sical Logistics, Southern Petrochemical, Sicagen, 59

HSIL Patel Engineering Infinite Computer SolnsApar IndustriesVeritasARSS InfrastructureEscorts & Escorts FinanceISMT & Taneja Aerospace & AviationInfotech Enterprises Orissa Sponge Iron & Steel Dynamatic Technologies Nesco Jayaswal Neco Inds. Ajmera Realty, Shree Precoated SteelMadhucon ProjectsForbes & Co, Gokak TextilesElecon, Eimco EleconSandur Manganese & Iron OresHatsun Agro Products IFB Industries, IFB Agro IndustriesDCM Shriram Consolidated Mercator Lines Rane (Madras), Rane Holdings, etc. 61

Chemplast Sanmar Saraswati Inustrial SyndicateVisa Steel Kwality DairyBilcare HBL Power Systems Prime Focus Godawari Power & IspatEmpee Sugars & Chemicals, Empee DistilleriesWest Coast Paper Mills, Rama Newsprint & Paper, etc. 62

Pratibha IndustriesRatnamani Metals & Tubes Dhunseri Petrochem & Tea SPML Infra NRB Bearings BL Kashyap & Sons V-Guard Industries Venky's (India) Banco ProductsDQ EntertainmentKanani Industries Praj

245246247248249250251252253254255256257258259260261262263264265266267268269270271272273274275276277278279280281282283284285286287288289290291292293

216.59

-59.77

-28.38

-0.41

74.55

-69.00

-17.63

10.12

-25.29

-42.97

-4.01

-6.16

-12.28

-10.80

29.28

-10.52

-44.43

-8.73

-43.75

-1.01

-4.46

-15.59

56.53

44.40

-21.99

-24.44

38.72

-32.42

-30.56

7.74

-3.92

-21.79

-40.37

114.20

-18.39

48.20

20.90

-8.58

29.01

145.12

12.09

32.38

-32.86

79.33

89.04

-18.03

-49.89

16.13

-7.94

467.00455.21452.72450.22449.96447.05441.00437.04434.51434.18422.92422.02411.76411.22410.22409.63409.25398.70393.37390.05389.08387.53386.43385.71384.92376.70371.73371.26365.96365.89362.79360.44358.43355.33355.09352.21352.18349.95345.01342.32340.16338.07338.05337.81335.74335.39334.47334.44334.27

147.511,131.47

632.14452.10257.78

1,442.18535.40396.89581.57761.27440.58449.73469.39460.99317.32457.79736.47436.84699.29394.04407.24459.13246.87267.11493.44498.54267.98549.39527.03339.60377.58460.87601.14165.89435.09237.66291.30382.80267.43139.65303.46255.37503.50188.37177.61409.15667.46288.00363.11

438149220264343128232269224198257255247248294244202258209271267250350333240239331229233290274249222418259357311273332301303346238400403266214314280

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

INDIA’SS U P E R

RICH2 0 1 1

^New billionaire; For footnotes, see page 77; for methodology, see page 66

India’s Super

Promoters Billionaire.qxd 15-07-2011 19:37 Page 6

Krishan Kumar & familySuresh G. Kare & familyAmit Dahanukar & familyJagdish K. Saxena & familyAshok Kumar Bansal & familyBasant Kumar Agarwal & familyNitin M. Shah & familySajid Malik & familyVijay Kumar Jatia & familyPravin Kiri & familySanjiv Saraf & familyJP & Umesh Chowdhary & familyR. Vasudevan & familyHrishikesh A. Mafatlal & familyMohamed Yusuf Noorani & familyKishore K. Avarsekar & familyR.K. Saraf & familyYamunadutt A. Agrawal & familyG.V. Bhaskar Rao & familyRavi Kiran Aggarwal & familyRamniklal Shah & familySubrata Roy Sahara & familyAshok Kajaria & familyRajesh Aggarwal & familyChakor L. Doshi & familyGovindbhai Patel & familyRadhika and Prannoy Roy & familySushil Ansal & familyVamanrai V. Parekh & familySaurabh Kumar Mittal & familyChandir Gidwani & familyVijay Kumar Gupta & familyVinod Kumar Gupta & familyAditya Kumar Jajodia & familyRajiv RattanChandrakant V. Gogri & familyPuranmal Agrawal & familyDhanesh Kumar Jain & familyBrahm Vasudeva & familyKalpesh Patel & familyVijay Agarwal & familyVinod Saraf & familyT.C. Kothari & familyJ.P. Agarwal & family^Shiv Prakash Mittal & familyManharlal Chunilal Shah & familyHitesh Oberoi Avijit Mazumdar & familyPraful A. Shah & family

Kwality DairyIndoco Remedies Tilaknagar Industries Elder Health Care, Elder Pharmaceuticals, etc. 63

Hanung Toys & TextilesManksiaNitin Fire Protection Industries Genesys International Corporation, GI EngineeringModern India & Shree Rani Sati Investment & FinanceKiri Dyes & ChemicalsPolyplex Corporation Titagarh WagonsVascon EngineersNocil, Navin Fluorine & Mafatlal IndustriesZodiac Clothing Company Unity Infraprojects Ferro Alloys Corp, Facor Alloys & Facor SteelJindal Worldwide & Kashyap Tele-MedicinesKaveri Seed Company Orbit Corporation Marathon Nextgent Sahara One Media & Entertainment, etc. 64

Kajaria CeramicsInsecticides (India) Walchandnagar Industries, Bombay Cycles & Motor AgencyGanesh Housing Corporation New Delhi Television Ansal Properties & Infrastructure Nilkamal Indiabulls Financial Services, Indiabulls Real Estate, etc. 65

Centrum CapitalGujarat Ambuja Exports Parenteral Drugs (India) Assam Company India Indiabulls Financial Services, Indiabulls Real Estate, etc. 65

Aarti Industries, Aarti DrugsMSP Steel & Power Lumax Industries, Lumax Auto Technologies Hawkins Cookers Kemrock Industries & Exports Action Construction Equipment Vinati Organics Om Metals Infraprojects Surya Roshni Greenply Industries Ruby Mills & familyInfo EdgeTIL Garden Silk, Surat Textile Mills

294295296297298299300301302303304305306307308309310311312313314315316317318319320321322323324325326327328329330331332333334335336337338339340341342

-3.92

12.38

28.94

11.51

-11.85

-12.68

7.33

18.85

-35.41

-57.55

112.71

-1.85

-43.70

-4.84

39.08

-47.09

-32.19

-25.61

21.35

-55.93

-30.54

-17.95

22.83

146.21

-41.58

-11.86

-42.22

-47.36

16.37

-20.59

-5.28

78.27

-8.27

-8.91

-20.63

11.09

67.40

89.31

-0.22

37.15

1.98

-0.96

51.74

311.18

11.13

-5.76

53.45

53.83

11.61

333.75333.49332.58330.77330.25329.63327.67325.98317.46310.99309.07308.22303.39301.68295.53295.51294.36292.04291.91290.49290.09288.24285.55283.14280.66279.94279.49273.67273.49273.01272.92272.52271.25271.08270.62270.62269.89265.63265.25264.78263.43262.87262.52261.65260.72260.37260.24260.22257.44

347.36296.75257.92296.63374.65377.49305.28274.29491.47732.66145.30314.03538.92317.04212.50558.50434.12392.56240.56659.09417.66351.32232.49115.00480.38317.61483.70519.87235.02343.78288.15152.87295.71297.59340.96243.60161.22140.32265.83193.06258.31265.43173.0063.63

234.61276.28169.59169.16230.66

287306342307277275300327241203443298231295379226260272354215265285364487245293243234359139313433308305132352423397335395341336409NA360325414415365

Source: Ace Equity

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

Rich, 2011

Promoters Billionaire.qxd 15-07-2011 19:37 Page 7

Raghu Mody & familyBabulal M. Bhansali & familyLalitkumar H. Patel & familySrinivasan H.R. & familyRamesh Goenka & familyMukund Lal Dua & familyP.R. Rathi & familySanjay Rajgarhia & family Kritilal K. Doshi & familyRajesh Patil & familyJitendra Mamtora & familyK. Narasimha Reddy & familyRaj Kapur & familySanjiv Goyal & familyRavi Bhushan Bhardwaj & familyBhupinder Singh Jauhar & familySuresh Bhatnagar & familyMullapudi Harischandra Prasad & familyVikas Kasliwal & familyChandrakant Sanghvi & familyB.M. & Sanjay Labroo & family 67

Satish Chandra Malhotra & familyDinesh Nandwana & family^Sanghi familyNirmal K. Minda & familyRajas R. Doshi & familyG.R.K. Reddy & familyNrupender Rao & familyOmprakash Inani & familySuresh J. Patel & familyDinesh Munot & familyGouri Prasad Goenka & familyVellore K. Surendra & familyPurushottam Agrawal & familyNikhil Chaturvedi & familyRamesh Chandra Mansukhani & familyB.L. Kheruka & familyRajinder Gupta & familyJagdishkumar Gupta & familySuresh Kumar Patni & familySandeep P. Engineer & familyBhawanishankar H. Sharma & familyMukul & Warij Kasliwal & familyNitin Khara & family^Nikhil Danani & familyDheeraj Garg & family^Aroon Purie & familyAmrut P. Shah & familyDeepak Kothari & family

Hindustan Composites, Rasoi, JL MorisonBhansali Engineering Polymers Voltamp Transformers Take Solutions Suashish Diamonds Relaxo Footwears Sudarshan Chemical Industries Orient Abrasives, APM Industries, PerfectpacShrenuj & Company Kolte Patil Developers Transformers & RectifiersKNR Construction Selan Exploration Technology Nectar LifesciencesSunflag Iron & Steel Company Jamna Auto Industries Diamond Power Infrastructure Andhra Sugars, Andhra PetrochemicalsS Kumars Online, Landmarc Leisure Corporation, etc. 66

Sanghvi MoversAsahi India GlassEmpire Industries Vakrangee Softwares Sanghi Industries Minda Industries Indian Hume Pipe Company Marg, Marg Projects & InfrastructurePennar Industries, Pennar Aluminium CompanyShilpa MedicareBodal Chemicals ZF Steering Gear (India) Andhra Cements, Duncans Industries, etc. 68

VST Tillers Tractors SE Investments Provogue (India) Man Industries (India) Borosil Glass Works, Gujarat BorosilTrident J Kumar InfraprojectsRohit Ferro-Tech, Impex Ferro Tech Astral Poly Technik Supreme Infrastructure India Entegra, S Kumars UnitexxConfidence Petroleum India Bharat Bijlee Steel Strips Wheels TV Today Network Sundaram Multi Pap Kothari Products

343344345346347348349350351352353354355356357358359360361362363364365366367368369370371372373374375376377378379380381382383384385386387388389390391

18.40

88.12

-36.05

45.47

-50.06

24.70

72.95

27.55

55.32

-22.16

-32.75

-20.14

-13.94

-33.20

-5.58

71.96

46.65

1.69

26.24

-44.44

50.17

53.05

315.28

-15.40

5.95

-12.49

-26.14

25.84

-1.26

94.63

22.06

-44.47

42.65

17.09

-11.58

-4.55

24.61

0.64

-35.02

60.19

41.30

27.07

-33.51

98.73

3.50

136.74

-47.25

-8.40-6.05

256.57254.34252.57252.37252.07251.08248.34248.25248.09244.97243.99240.83239.11237.31236.13233.47230.33229.16225.73222.09221.65219.15217.89217.36216.28215.95215.36214.20211.72211.22208.66208.57205.86205.54202.94202.07200.70200.42197.94195.44195.07194.35193.01192.31191.38190.89190.25190.10187.77

216.70135.20394.97173.48504.70201.35143.59194.62159.73314.72362.83301.57277.84355.27250.10135.77157.06225.34178.81399.74147.60143.1952.47

256.94204.12246.78291.58170.22214.42108.52170.94375.57144.31175.55229.51211.70161.06199.15304.63122.01138.05152.94290.3096.77

184.9080.64

360.63207.54199.85

375464270408237388448393426297281304324283347462430369402268435449NA345384351310413377502498276445405366381NA392302NA456432312NA401NA282382391

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

India’s Super INDIA’S

S U P E R

RICH2 0 1 1

^ New billionaire; For footnotes, see page 77; for methodology, see page 66

Promoters Billionaire.qxd 15-07-2011 19:37 Page 8

Rich, 2011Raj Saraf & familyArun Advani & familyBrijmohan Rathi & familySujit Kanoria & familyAjoy K. Himatsingka & familyKapil Puri & family^Ram Gopal Maheshwari & familyJayanti M. Patel & familyArvind Kumar Singhania & family^Ashok Soota & familyNitin D. Shah & familySurinder Kapur & familyAjay Kumar Swarup & family Shreevallabh G. Kabra & familyRajeev & Alka Goyal & family^Gulu L. Mirchandani & familyAjay R. Goenka & family^A.K. Mittal & family Rajesh S. Jain & familyYudhishthir D. Khatau & familyOm Prakash Gupta & familyVijay Kumar Goel & familyDeep C. Anand & familySushil Suri & familyR. Chellappan & familyS.B. Garware & familyVishnu R. Dusad & familyK.S. Ramakrishna & familyMannalal B. Agrawal & familyRajesh Uchil & familyArun Kumar Kothari & familyY.P. Punj & familyT. Indira Subbarami Reddy & familyJasjit Singh Sawhney & familyV.L. Dutt & familyRajendra Kumar Dabriwala & familyPraful N. Satra & familyK. Suryanarayana & familyArvind Jolly & familyFalgunbhai C. Patel & familyRajesh Sharma & familyKaramjit S. Jaiswal & family Himanshu Baid & family^Shibroor Narasimha Kamath & familyAthi Janarthanan S. & family^Amol S. Sheth & family^N.G. Somani & family^Harish Sheth & familyKamalaksha Rama Naik^Amitabh Arun Parekh & family^

Zenith Infotech & Zenith ComputersAdor Weilding , Ador Fontech, etc. 69

Maharashtra Polybutenes Shristi Infrastructure Development CorporationHimatsingka Seide Spanco MBL InfrastructureMeghmani Organics Ester Industries MindTreeAllied Digital ServicesSona Koyo Steering Systems Globus SpiritsKabra Extrusiontechnik, Plastiblends IndiaSurya Pharmaceutical Mirc Electronics Rainbow Papers AK Capital Services Emco Varun Shipping Company Ashiana Housing Kashipur Sugar Mills, Dhampur Sugar Mills Gabriel India Morepen Labs, Blue Coast HotelsNumeric Power Systems Garware Polyester Nucleus Software Exports Karuturi Global Ajanta Pharma Aqua LogisticsGillanders Arbuthnot & Company PSL Gayatri Projects Net4India KCPInternational Conveyors, Elpro InternationalSatra Properties (India) Oil Country Tubular Jolly Board Sandesh Money Matters Financial ServicesJagatjit Industries, Milk FoodsPoly Medicure Bliss GVS Pharma Karur Vysya Bank Anil Bhagwati Banquets & Hotels Setco Automotive Smartlink Network Systems Parekh Aluminex

392393394395396397398399400401402403404405406407408409410411412413414415416417418419420421422423424425426427428429430431432433434435436437438439440441

-21.8322.9859.52-18.24-16.11118.01-21.69-12.17130.74-33.26-59.42-12.135.6813.5167.1729.00152.1462.31-13.52-48.2731.06-8.0026.03-6.16

-22.6591.26

-40.69-32.4310.05-35.467.78

-46.38-34.3943.53-12.37-46.8210.09-12.50-25.9225.35-81.11-3.72

192.63-40.3765.85221.6164.1835.8570.77125.33

186.35186.22183.36180.51180.18179.26177.37175.85175.03174.62173.22170.57169.29166.24164.80164.78164.17164.07163.27163.25163.09162.68162.64161.31159.70157.55157.37157.30156.71156.45155.02154.43153.69152.82152.68152.60151.89150.91150.77150.71150.38150.35149.08148.81147.60143.73139.64137.68136.46136.03

238.37151.42114.94220.78214.7982.23

226.51200.2275.85

261.65426.88194.12160.19146.4698.58

127.7465.11

101.08188.80315.60124.44176.83129.04171.90206.4782.38

265.35232.80142.39242.41143.83287.99234.24106.47174.24286.94137.97172.48203.51120.23796.21156.1750.95

249.5589.0044.6985.05

101.3479.9160.37

355434488373376NA368389NA338263394424NANA472NA519399296474404470411383NA337363453353447315361506407316457410385480191431NA348NANANA512NANA

Source: Ace Equity

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

Promoters Billionaire.qxd 15-07-2011 19:37 Page 9

Hiten A. Khatau & familyVishnukant Bhutada & familySampatraj L. Chowdhary & familyP. Subramaniam & familySantosh Varalwar & family^C.E. Fernandes & family^Prasad V. Potluri & familyMadhoprasad D. Saraf & familyRavi Ghai & familyB.K. Agarwalla & familyDevang Master & family^Krishan Khadaria & family^L.R. Khoday, brothers & familyLalit Surajmal Kanodia & familyKirpal Singh & familyM. Ethurajan & familyJagjeevan Kumar Jain & family^Chender K. Baljee & familyIshwar Chand Agarwal & familyJatin R. Mehta & familyAjay Bijli & familyVenkateswarlu Jasti & familyRahul Mutha & family^G. Bala Reddy & familyP Radhakrishna Reddy & family^Rajiv C. Mody & familyDevendra S. & familyBalbir Singh Uppal & familyMaitreya Doshi & familyVijay R. Kirloskar & familyKetan Sheth & family^Deepak Puri & familyDinesh Patel & familyManhar G. Gandhi & familyPrakash Agarwal & familySanjay Gupta & family^Niranjan A. Shah & family D.C. Surana & family^Arvind Kapur & familyVinod Kumar Chaturvedi & family^Inder Krishan Sardana & family^Pravin Shah & family^Dinanath N. Jhunjhunwala & family^Navnitlal Shah & familyJayakar Krishnamurthy & familySuresh Kumar Poddar & family^C.J. George & familyAnil T. PatelHarsh Vardhan Kanoria & family^

Cable Corporation Of India Shilpa MedicareRiddhi Siddhi Gluco Biols Shanthi Gears Vivimed Labs GEI Industrial Systems PVP Ventures, Picturehouse MediaTechnocraft Industries (India) Graviss HospitalityMaithan Alloys Empower India Nouveau Multimedia Khoday India Datamatics Global Services Dolphin Offshore Enterprises (India) Binny Fiem Industries Royal Orchid Hotels Genus Power Infrastructures Su-Raj Diamonds & Jewellery PVR Suven Life Sciences Vippy Industries ICSA (India) Nelcast Sasken Communication Technologies Shasun Pharmaceuticals Lakshmi Energy & Foods Premier & Pal Credit & Capital Kirloskar Electric Company IT People (India) Moser BaerThemis Medicare Gandhi Special Tubes WPIL APL Apollo Tubes Renaissance Jewellery Kalpena Industries Rico Auto Inds. Usher Agro Sukhjit Starch & Chemicals Amar Remedies JVL Agro Industries Ashapura Minechem Ucal Fuel Systems Mayur Uniquoters Geojit BNP ParibasGujarat Apollo Inds. Cheviot Company

442443444445446447448449450451452453454455456457458459460461462463464465466467468469470471472473474475476477478479480481482483484485486487488489490

23.25

-1.26

27.86

-2.85

70.43

68.86

-50.84

21.17

-9.54

17.45

2,879.34

130.59

-33.45

3.07

-63.26

-24.52

42.52

-14.64

18.70

22.18

-27.01

-47.26

27.68

-1.57

42.13

-8.80

2.93

-67.16

-28.18

-46.19

257.50

-43.70

0.75

15.70

-0.18

25.59

-2.25

7.34

-28.04

133.51

97.99

56.39

52.22

-54.43

-7.58

77.57

-38.59

-38.10

22.35

135.33135.22134.85134.83134.47134.39132.78131.89131.67131.35131.23129.32127.91127.58125.10125.09124.22123.64123.53123.31123.10123.00122.63121.74121.51119.28117.63116.65114.44114.00113.80112.70112.24111.13108.02107.28106.14106.04105.74105.40105.32105.11104.61103.61103.59103.11103.07102.28100.76

109.80136.95105.47138.7978.9079.59

270.11108.85145.55111.84

4.4056.08

192.20123.79340.52165.7287.15

144.84104.07100.92168.65233.2296.05

123.6885.49

130.79114.28355.20159.35211.8531.83

200.17111.4096.05

108.2285.42

108.5898.78

146.9345.1353.2067.2168.72

227.38112.0858.07

167.83165.2282.35

499459508454NANA329500442495NANA396475289419NA444509520416362NA476NA468489284427380NA390497NA503NA501NA439NANANANA367494NA417420NA

^ New billionaire; For footnotes, see page 77; for methodology, see page 66 Source: Ace Equity

INDIVIDUAL / FAMILY COMPANIESRANK2011

RANK2010

PROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

INDIA’SS U P E R

RICH2 0 1 1 India’s Super

Promoters Billionaire.qxd 15-07-2011 19:37 Page 10

*As per dollar-rupee exchange rate on 31 March 2011, which was Rs 44.4; NA: Not applicable; Note: The Tata Trust has interest in 31 companies whose combined promoter worth as on 31 March 2011 was around Rs 2.57lakh crore (Rs 1.84 lakh crore as on 31 March 2010). The 31 companies are Tata Consultancy Services, CMC, Indian Hotels, Mount Everest Mineral Water, Nelco, Oriental Hotels, Rallis India, TRF, Tata Chemicals, Tata Coffee,Tata Communications, Tata Elxsi, Tata Investment, Tata Metaliks, Tata Motors, Tata Power, Tata Sponge Iron, Tata Steel, Tata Global Beverages, Tata Teleservices (Maharashtra), Tinplate, Titan Industries, Trent, Voltas,Artson Engineering, Benares Hotels, Automobile Corpn. Of Goa (44.21%), Automotive Stampings & Assemblies, Tayo Rolls (55.24%), plus 25% stake in Taj GVK; 1Includes Premji's investments above 1% in the equity market;2Sterlite Technologies; 3Readjusted due to merger; 4Reliance Broadcast Network & Reliance Mediaworks (Reliance Natural Resources got merged last year); 5 Jindal Saw, Jindal South West Holdings, Nalwa Son Invsts, IspatIndustries; 6Aditya Birla Chemicals, Aditya Birla Money, Idea Cellular, Ultratech Cement; 7Bajaj Electricals, Bajaj Holdings & Invst, Hercules Hoists, Maharashtra Scooters & Mukand; 8Mahindra Forgings, Mahindra Holidays& Resorts, Mahindra Lifespace Developers, Mahindra Ugine Steel, Mahindra Satyam, Kotak Mahindra Bank, Swaraj Engines, EPC Industries; 9Godrej Properties, Geometric; 10Mangalore Chemicals & Fertilizers, McdowellHoldings, Millennium Beer Inds, UB Engineering, United Breweries (Holdings); 11Plus 5% stake in Karur Vysya Bank; 122010 promoter worth includes market cap of Fem Care, which was merged with Dabur India in June 2010;13Wire & Wireless, Zee News & Shirpur Gold Refinery; 2010 promoter worth includes market cap of ETC Networks, which later got merged with Zee Entertainment Enterprises; 14Wendt, Cholamandalam DBS Finance, CarborundumUniversal & Coromandel Engineering; 15Dion Global Solutions, Oscar Investment, Agro Dutch, Fortis Malar Hospital; 16Torrent Cables, Gujarat Lease Financing; 17Shriram City Union Finance, Orient Green Power (new entrantthrough IPO); 18India Securities; 19Includes investment in Sonata Software & Futura Polyesters; 20Hinduja Global Solutions, Hinduja Ventures, Hinduja Foundries; 21Excluding stakes of Electrocasting in Lanco Industries; 22Hikal,Kalyani Steels, BF Utilities; 23Excluding stake of Archana Mittal, but includes pledge shares; 24Texmaco, SIL Investments, Oudh Sugar Mills, Sutlej Textiles, Upper Ganges Sugar & Inds; 25Wheels India, Sundaram Finance,India Nippon Electricals, India Motor Parts & Accessories, TVS Electronics, TVS Srichakra, Sundaram Brake Linings; 26FGP, Zensar Technologies, CFL Capital Financial Services, KEC International, Ceat, Harrisons Malayalam,Saregama; 27Bombay Burmah, Citurgia Biochemicals, Technojet Consultants, Oseasre Consultants; 28India Glycols, Jubilant FoodWorks (new entrant through IPO); 29Jindal Drilling, Jindal Photo; 30Television Eighteen India,Infomedia 18; 31Kirloskar Pneumatic Co, Kirloskar Oil Engines, GG Dandekar & includes stakes in Swaraj Engines; 32Taj GVK Hotels & Resorts (excluding 25% stake of Tata group); 33Anik Industries, National Steel & Agro Inds,Ruchi Infrastructure; 34Welspun Investments and Commercials, Remi Metals Gujarat, Welspun India; 35Mangalam Cement, Jay Shree Tea, ECE Industries, Mangalam Timber; 36Harsh Lodha is chairman of these companies,but the holding belongs to late M.P. Birla and is in dispute with the Birla family in the courts; 37Birla Ericsson Optical, Vindhya Telelinks; 38New entrant through IPO; 39Kilburn Engineering, Williamson Financial Services,Williamson Magor & Co.; 40Monnet Sugar, Mounteverest Trading & Invst; 41English Indian Clays, Waterbase; 42Includes other investment above 1% in equity market; 43Hindustan Dorr-Oliver; 44Rajapalayam Mills, RamcoSystems; 45Excluding stakes of JSW Steel; 46Includes Archana Mittal's stakes in Bhushan Steel and other investments above 1% in the equity market; 47Includes investment above 1% in equity markets; 48JK Agri Genetics,Bengal & Assam Co, Umang Dairies, JK Sugar; 49Excluding the networth of Bennett, Coleman & Co and other investments made by them in the equity market; 50Maral Overseas, Bhilwara Tex-Fin, Cheslind Textiles; 51Includeshis investments in IBN18; 52LG Balakrishnan & Bros, Super Spinning Mills; 53Nagarjuna Agri Tech; 54Hyderabad Industries, Sirpur Paper Mills; 55Includes stake in Lanco Industries; 56Indiabulls Securities, plus 12.27% stakein Bag Films; 57Shiva Texyam; 58Nahar Capital & Financial Services, Nahar Poly Films; 59Tuticorin Alkali Chemicals & Fertilisers, Tamilnadu Petroproducts, First Leasing, SPEL Semiconductor, Manali Petrochemical; 60Excludingstakes in Tata Sons; 61Rane Brakes Lining, Rane Engine Valve, Kar Mobiles; 62Jayshree Chemicals; 63Elder Projects; 64Sahara Housing Finance Corp, Master Chemicals; 65Indiabulls Securities; 66Shree Ram Urban Infrastructure;67Excludes stakes of Asahi Glass & Maruti Suzuki; 68Unimers India, Stone India, NRC, Gujarat Carbon & Inds, Alfred Herbert, Star Paper Mills; 69Ador Multiproducts; 70TCI Industries & Bhoruka Aluminium; 71Stakes owned byfamilies of original promoters D. Subba Rao, P. Punnaiah & AS Chowdhri; 72Lakshmi Mills Company, Lakshmi Electrical Control Systems, Rajshree Sugars & Chemicals

Ashwin Dani, Ashwin Choksi, Vakil & familyR.S. Agarwal & R.S. Goenka & familyS. Kishore & K.A. SastryHarsh V. Lodha & family 36

A.B.M. Good & Ajay Ajit Peter Kerkar & familyMotilal Oswal & Raamdeo Agarwal & familySajjan Bhajanka & Sanjay Agarwal & familyRashesh Shah & Venkat RamaswamyBalvantsinh C. Rajput & K.J. Thakkar & familyMahendra Agarwal, D.P. Agarwal, Rajkumar Aggarwal & familyAshok Devineni, P.T. Vikram Prasad & family 71

Sanjay Jayavarthanavelu & S. Pathy & familyRajendra Pawar & Vijay Thadani Chandramouli Janakiraman & Arvind Rao & familyNirmal Jain & R. Venkataraman & familyP.C. Kapoor & Vijay Kumar & familyArun Kumar & K.K. Ravishankar & familyR. Sarabeswar, S. Sivaramakrishnan & V.G. Janarthanam & familyKishore Patil, S.B. Ravi Pandit & familyAnil Mittal, Anoop K. Gupta & Arun Gupta & familyKailash Agarwal & Kiran Mehta & familyR.G. Agarwal & M.K. Dhanuka & familySudarshan Venkatraman & Ramanujam SesharathnamRajbir Singh, A.P.S. Chadha, Sanjay Gupta, C.S. Sethi & G.S. JoharMurarilal B. Agarwal, Ravindra Agarwal & Vishwambharlal BhootAtul Hemani, Avinash Pitale, Devarshi Buch & familyS.B. Ghia & M.D. Dalal & familySavita Gowda, Lalit Misra & Mohan Kala

Asian Paints Emami & Zandu RealtyKSK Energy VenturesBirla Corporation, Universal Cables, etc. 37

Cox & King & Tulip Star HotelsMotilal Oswal Financial Services Century Plyboards (India) Edelweiss Capital Gokul Refoils and Solvent Gati, TCI Finance, Transport Corpn. of India, etc. 70

Nava Bharat Ventures Lakshmi Machine Works, Super Sales India, etc. 72

NIIT, NIIT TechnologiesOnmobile Global India Infoline Bharati Shipyard & Great OffshoreStrides Arcolab Consolidated Construction Consortium KPIT Cummins Infosystems KRBL Varun Industries Dhanuka Agritech Zylog Systems C&C Constructions Mudra Lifestyle Omnitech Infosolutions Sonata Software, Futura PolyestersSharon Bio-Medicine

28.1326.34-42.94-12.94-12.80-22.4315.91-9.4654.73-3.59-36.9120.235.05

-39.61-38.00150.5433.36-38.9644.1311.9542.2838.000.60

-39.9453.24-11.45-29.9352.31

12,685.554,458.662,065.491,878.121,706.861,286.051,220.341,140.01

924.70894.98877.71865.08755.99695.81676.54672.94600.46473.79397.97368.33347.19292.57250.92188.13113.75108.37108.27102.60

9,900.173,529.163,619.652,157.221,957.331,657.911,052.801,259.15

597.60928.34

1,391.24719.54719.66

1,152.171,091.17

268.60450.24776.24276.12329.02244.02212.01249.42313.2274.23

122.38154.5367.36

THE OTHER BILLIONAIRESPromoters who are not related, but whose holdings could not be segregated either due to non-availability of data, or because amajor part of the promoter shareholding is held through corporate bodies

INDIVIDUAL / FAMILY COMPANIESPROMOTER WORTH (Rs CRORE)MARCH 2011 MARCH 2010

CHANGE(%)

Rich, 2011

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