Key Points
According to corporate shareholding data available till June 2023, Damani, Damani publicly holds 14 stocks with a net worth over 166,949.6 crore with the largest being VST Industries where he is the single largest shareholder and India Cements, where his 21% ownership makes him the single largest public (non-promoter group) investor..
Apart from being an investor in His other retail sector exposure is in Trent, the chain backed by Tata Group...
Radhakishan Damani, billionaire investor and founder of Avenue Supermarts that runs the D-Mart chain, has acquired Health and Glow, a Bangalore-based beauty and personal care retail chain from the family offices of Rajan Raheja and Hemendra Kothari for 700-750 crore, said people in the know...
This would be Damani's second buyout ever after Bombay Swadeshi Stores in 2015, the country's oldest retailer that counted freedom fighters Bal Gangadhar Tilak, Mummohandas Ramji and industrialist JRD Tata as its founding fathers, for 42 crore...
With Spencer and Dairy Farm both exiting their initial alliance over the years, in 2015-16, Kothari and Raheja bought out the Health and Glow chain, a year after FoodWorld got sold.. . Launched in 1997, Health and Glow opened its first brick-and-mortar store in Chennai..
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