He is also the economic affairs advisor to the Maharashtra government.

New Delhi: Shrikant Badve Joins Billionaires Club: Shrikant Badve, promoter and managing director of Belrise Industries, has now joined the billionaires’ club. The company’s shares have seen a meteoric rise since its listing. Since May 28, Belrise Industries’ shares have risen by approximately 83%. The stock, which was listed at Rs 90, is now trading at Rs 166.

He owns 53 crore shares

Shrikant Badve owns 59.56% of the company’s shares. This means he owns approximately 53 crore shares, with a market value of approximately Rs 9,550 crore. Besides being the company’s MD, he is also the economic affairs advisor to the Maharashtra government. Additionally, Badwe has served as the brand ambassador for Magnetic Maharashtra

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