Noida-based IT major HCL Technologies on Friday announced that Chairman Shiv Nadar was stepping down and his daughter Roshni Nadar Malhotra will succeed him with immediate effect.

Nadar’s daughter, believed to be India’s wealthiest woman will now be the new chairperson of HCL Technologies.

Roshni Nadar Malhotra has held the posts of executive director and CEO of HCL Corporation, vice-chairperson of the board of HCL Technologies, and is also a trustee of the Shiv Nadar Foundation.

Read more at Hindustan Times