Amit Shah is a name that stands out among India’s political heavyweights. Shah, who is regarded as the “Chanakya” of Indian politics, has an impact on everything from national governance to grassroots tactics. Beyond the speeches, protests, and policymaking, however, the public is becoming more interested in his financial portfolio.
Who is Amit Shah?
One of the leading figures in the Bharatiya Janata Party (BJP) and India’s Union Home Minister is Amit Anilchandra Shah. Under the guidance of Prime Minister Narendra Modi, his political career took a significant turn after starting with the Rashtriya Swayamsevak Sangh (RSS).
Shah has developed into the BJP’s chief strategist after running for office in Gujarat and leading national campaigns. However, riches and scrutiny frequently accompany authority.
In an affidavit submitted to the Election Commission, BJP leader Amit Shah, who is running for the Lok Sabha from Gandhinagar, Gujarat, disclosed that he holds shares of more than 250 companies, including unlisted ones. Sonal, his wife, owns stock in about 80 businesses.
Stock and Investment Portfolio
Mutual Funds and Bonds
- Moderate investments in mutual funds
- Holdings in government bonds or long-term deposit instruments
Company Shares
Canara Bank – this PSU bank is their largest bet in which Sonal Shah owns 50,000 shares worth about Rs 2.96 crore and Amit Shah’s stake was worth about Rs 7.25 lakh.
P&G Hygiene and Health-Procter & Gamble Hygiene And Health Care is the second-largest stake of the power couple, with each partner owning approximately Rs 95 lakh, for a total of Rs 1.9 crore.
Karur Vysya Bank-Sonal possesses one lakh shares of Karur Vysya Bank, which were worth Rs 1.9 crore when the affidavit was filed.
Gujarat Fluorochemicals-The estimated value of Sonal’s Gujarat Fluorochemicals stake is Rs 1.79 crore.
Lakshmi Machine Works-Lakshmi Machine Works, which was last valued at Rs 1.75 crore, is also one of Sonal’s biggest holdings.
HUL-Amit Shah also owns stock in HUL, another FMCG company. About Rs 1.35 crore is the value of the shareholding.
MRF-Amit Shah also owns shares of MRF, the most expensive stock in India. His 100 shares of the tire manufacturer were valued at approximately Rs 1.29 crore.
Bharti Airtel-Sonal possesses around Rs 1.22 crore worth of Bharti Airtel shares.
Colgate-Colgate-Palmolive (India), which has an investment of almost Rs 1.07 crore, is another of Amit Shah’s best stock picks.
Sun Pharma-Sonal owns more than Rs 1 crore worth of Sun Pharma stock.
Also read-Top Holdings of President of India
Amit Shah’s top five investments, which include HUL, MRF, Procter & Gamble Hygiene And Health Care, and ABB India, account for around one-third of his overall listed portfolio, which is valued at approximately Rs 17.4 crore, according to a study of his personal stock portfolio.
ITC, VIP Industries, Infosys, Grindwell Norton, Cummins India, and Kansai Nerolac Paints are some other excellent choices. The value of his unlisted portfolio is Rs 3 lakh.
When it comes to sectoral picks, he prefers banks and FMCG stocks.
The document states that the couple has assets worth Rs 65.67 crore. Amit Shah has Rs 20.23 crore in movable assets, which include cash, bank savings, deposits, gold, silver, and inherited property.
Sonal’s movable assets are worth around Rs 22.5 crore, including cash, bank savings, stock investments, and deposits, as well as gold and silver jewelry valued at over Rs 1.10 crore.
