Tech promoters top list of cash recipients; family-owned groups earn less

The country's wealthiest promoter families are not necessarily the biggest earners (cash recipients) from their listed companies. Cash receipts include dividends and money received from shares sold/tendered in buybacks.   Reliance Industries’ Mukesh Ambani is fourth on the list in terms of income earned (dividend) from his company in FY21. Similarly, Gautam Adani – the country’s second wealthiest family is ranked 10th in terms of dividend income earned from the group.   In contrast, promoters owning tech firms, cash-rich FMCG and pharma companies top the cha.....

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