They’re the owners, businessmen who have decided to take the plunge into politics. And their investor status is either because they are first-generation entrepreneurs or they have inherited the wealth. This category includes the usual names: Naveen Jindal from Punjab who owns Rs 5.48 crore worth of shares as the karta of HUF (Hindu Undivided Family); Milind Deora, a Congress MP, who’s the proprietor of the Fender group and also 50% partner in Universal Polymers; and Mohammed Shahid, the BSP leader, whose family owns Al-Sakib Exports. Well, some names are usual too: Rahul Gandhi, the son of the Congress president, owns a majority stake in the Mumbai-based Backops Services.
S.P.Y. Reddy, Congress
With his wife, has invested Rs 61 lakh in family businesses—Sujata and Sowmya group of firms that make pipes, plastics and polymers
Rajagopal Lagadapati, Congress
Has invested a few crore of rupees in the Lanco group, which has interests in energy, infrastructure and project consultancy
Uday Singh, BJP
Nearly Rs 1 crore, most of it in Sunstar Lubricants and Sunstar-CCI
Milind Deora, Congress
Apart from his Rs 26 lakh investment in shares, is a 50% owner of Universal Polymers; also proprietor of Fender Consultants (capital balance: Rs 3 crore) and Fender Polymers; one-fifth beneficiary of the Punit Deora Trust (capital balance: Rs 29 lakh)
V.B. Muttemwar, Congress
His wife has put Rs 7.5 lakh in Renuka Publications
Naveen Jindal, Congress
Rs 23 lakh in 1.32 lakh shares of various companies (names undisclosed); Rs 63 lakh in 2 lakh shares of several firms by his wife; Rs 5.48 crore of shares as karta of HUF
Anant Kumar, BJP
His wife is the proprietor of Sashwati Consultants and a 45% owner of another company
Shyam Chandra Gupt, SP
With his wife owns Rs 5.3 crore of shares in Shyam Biri Works
R.K. Anand, Congress
Over Rs 30 lakh with his wife in VD Estates and another Rs 1 lakh in Quick Diffusion; he also holds 1,000 shares in the Delhi-based Competent Automobiles
