Key Points
New Delhi: Home Minister Amit Shah and his wife, Sonal Shah, together saw their investments in the stock market grow a solid 71 percent over the past five years to Rs 37.4 crore as of 15 April 2024, according to the affidavit Shah filed with the Election Commission of India Saturday...
This works out to 57 percent of their total assets, with the rest held in the form of property, savings account deposits, mutual funds, gold, and investments in schemes like the National Small Savings Scheme...
The investment decisions taken by Shah and his wife do not exhibit a clear pattern, since their investments are spread across 242 companies spanning multiple sectors..
Other companies where they invested more than Rs 1 crore were Gujarat Fluorochemicals Limited (Rs 1.79 crore), Lakshmi Machine Works Limited (Rs 1.75 crore), MRF Limited (Rs 1.29 crore), Bharti Airtel Limited (Rs 1.22 crore), and Sun Pharmaceutical Industries Limited (Rs 1.05 crore)...
Overall, Shah and his wife saw their total assets both movable and immovable grow to Rs 65.7 crore in 2024, from Rs 40.3 crore in 2019, amounting to a growth of 63 percent..
