TDP supremo N. Chandrababu Naidu’s son Nara Lokesh has declared his family assets worth nearly ₹542.7 crore. Mr. Lokesh is in the assembly poll fray from Mangalagiri segment in Andhra Pradesh where he is set to take on YSR Congress candidate M, Lavanya.
He declared ₹373.63 crore as his family assets in 2019 assembly polls.
The TDP leader holds over one crore shares of Heritage Foods Ltd floated by his family worth ₹339.11 crore at ₹337.85 apiece. His wife Nara Brahmani is currently Executive Director of Heritage Foods.
According to the affidavit, Mr. Lokesh holds ₹314.68 crore worth of movable assets and ₹92.31 crore worth immovable assets while his wife has ₹45.06 crore and ₹35.59 crore assets respectively.
Elections for the 175-member Assembly and 25 Lok Sabha seats in Andhra Pradesh are to be held on May 13.
