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Jyotiraditya Scindia, family disclose shares in over 25 firms

New Delhi: Power Minister Jyotiraditya Scindia and his family members, who have assets worth crores of rupees, also own shares in at least 25 companies and most of these investments were interestingly made last year.

India TV News Desk India TV News Desk Updated on: March 27, 2014 13:14 IST
These firms are ARS Trustee Company, MJS Trustee Company PRS Trustee Company, Ananya Raje Tavern, Mahanaaryaman Resort and Priyadarshini Raje Resort.

Besides Priyadarshini Scindia has invested in Baroda Rayon Corp and Gaekwad Investment Corp.

Together, the book value of her stakes in these eight companies is about Rs 5.43 lakh.

According to the affidavit, Scindia's daughter Ananya Raje has invested in 15 listed companies and their total market value is worth about Rs 8.06 lakh, higher than the purchase cost of Rs 7.12 lakh.

In the case of Scindia Investments Pvt Ltd, the Minister bought shares in 2001, 2002 and 2004.  

Individually, Scindia has deposits worth Rs 72.70 lakh in six banks while that of his wife, in two banks, amount to Rs 9.09 lakh. Ananya has a deposit of Rs 1.54 lakh.

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