Quick Links

Narotam Stayanarayan Sekhsaria is an Indian philanthropist and businessman who has an estimated net worth of $590 million. His family started in the business of trading cotton but he and his brother-in-law, Suresh Kumar Neotia, eventually entered the cement business and co-founded Gujarat Ambuja Cements in the year 1986. The company eventually became one of the biggest cement producers in India.

Image result for Narotam Sekhsaria

Narotam Sekhsaria graduated with a degree in Chemical Engineering from the Institute of Chemical Technology in Mumbai. He eventually became the 40th richest person in India according to Forbes' 2005 listing. This man is the past chairman of Ambuja Cements and the chairman of ACC Limited. His son, Pulkit Sekhsaria is the Gujurat Ambuja Cements' managing director and his daughter, Padmini Somani is the manager of the NGO, Salam Bombay, that is working in the child welfare sector.

Narotam Sekhsaria set up the NGO called the Narotam Sekhsaria Foundation in support of students who want to get educated abroad. He is also passionate about collecting various works of art.

Earnings & Financial Data

Date

Category

Description

Amount

2019

Asset

Estimated value of Narotam Sekhsaria's 64,898 equities in Wabco India Ltd.

$6,400,000

2019

Salary

Annual salary as the Non-Executive and Non-Independent Chairman of the Board of ACC Ltd.

$76,000

2008

Asset

Investment of Narotam Sekhsaria and Suresh Neotia in the asset reconstruction company JM Financial Asset Reconstruction Company

$5,840,000