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Rekha Jhunjhunwala (file photo)
Rekha Jhunjhunwala, wife of ace investor Rakesh Jhunjhunwala, is likely to have earned dividend income of Rs 224 crore.
Rekha Jhunjhunwala, wife of ace investor Rakesh Jhunjhunwala, is likely to have earned dividend income of Rs 224 crore in the quarter ending March 2024 from her portfolio, estimated to be worth Rs 37,831 crore.
Rekha Jhunjhunwala's portfolio is estimated to be worth Rs 37,831 crore and as per her shareholding pattern in the March quarter, she earned dividend income of Rs 224 crore.
As per the March quarter shareholding pattern, Jhunjhunwala earned dividend income of Rs 52.23 crore from Titan Company, Rs 42.37 crore from Canara Bank, Rs 2750 crore from Valor Estate, Rs 17.24 crore from NCC and Rs 12.84 crore from Tata Motors.
Other companies in which Jhunjhunwala holds stakes include CRISIL, Escorts Kubota, Fortis Healthcare, Geojit Financial Services and The Federal Bank, which earned dividends worth nearly Rs 72.49 crore in the fourth quarter of FY24, according to Ace Equity data.
The top three Rekha Jhunjhunwala brands are Titan, Tata Motors and Metro. She holds a 5.4% stake worth Rs 16,215 crore in Titan Company, a 1.3% stake in Tata Motors worth Rs 4,042 crore and a stake in Metro Brands worth Rs 3,059 crore, the report claimed, citing Trendlyne data. I did.
In total, Rekha Jhunjhunwala holds more than 1% stake in 26 exchange-listed companies that declared dividends to shareholders in FY24.
Additionally, in the March quarter of FY24, Rekha Jhunjhunwala increased her stake in Valor Estate by 1.66% and Agro Tech Foods by 0.38%, the report claimed. She added that she had reduced her stake in Geojit Financial Services, Canara Bank, NCC, Fortis Healthcare, Nazara Technologies and Federal Bank.
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