Nina Kothari: The Private Powerhouse of the Ambani Family
Prominent Yet Private
The Ambani family is the richest family in India and they are always getting attention. Mukesh Ambani’s brother, Anil Ambani, is also a famous businessman. He runs the Reliance Group. The two brothers are always in the news. But there are some family members who don’t like being in the spotlight and prefer to live private lives. One of them is Mukesh Ambani’s sister, Nina Kothari, who is also a businesswoman and has a lot of money just like her brother. Nina is the Chairperson of Kothari Sugars and Chemicals Limited, and she has quietly built her own business empire.
Prestigious Background
Nina comes from the prestigious Ambani family. Her father, the late Dhirubhai Ambani, founded Reliance Industries. In 2003, Nina began her own business venture by creating the Javagreen food and coffee franchise. Even though Javagreen wasn’t as well-known as other big coffee chains, it showed Nina’s talent for entrepreneurship.
Personal Life and Challenges
Nina Kothari got married to businessman Bhadrashyam Kothari in 1986, and he passed away in 2015. She now lives with her daughter, Nayantara Kothari, and son, Arjun Kothari. Nina faced a tough decision when she had to raise her two children on her own, but she took on the challenge and became the head of their family business, Kothari Sugars and Chemicals Limited.
Leadership at Kothari Sugars and Chemicals Limited
Nina’s appointment as Chairperson on April 8, 2015, was a big moment in her life. She led the business to success with patience and determination, making it the main company of the HC Kothari Group. Kothari Sugars and Chemicals Limited is now based in Chennai, Tamil Nadu, thanks to Nina’s hard work.
Reserved Nature and Family Bonds
Nina is known for her reserved nature and small social circle. She prefers to keep her personal life private and maintain a low profile.
Despite this, she shares strong bonds with her family, especially her sister-in-law Tina Ambani. They are often seen together at family gatherings and social events, showcasing their supportive relationship.
Nina also played a significant role in mediating the business dispute between her brothers Mukesh and Anil Ambani, highlighting her commitment to family unity.
Additionally, she actively participates in family celebrations and significant events, reflecting the close-knit nature of the Ambani family.
Although she maintains a low profile, Nina does attend some social gatherings and events, particularly those related to family functions, where she is often seen in the company of close family members.
Family Legacy and Involvement
- Nina Kothari’s family is deeply rooted in strong family ties and significant involvement in both personal and business matters.
- Her children have also played important roles in maintaining and expanding the family business legacy. Arjun B. Kothari is the Managing Director of Kothari Sugars and Chemicals Limited,
- While Nayantara Kothari married Shamit Bhartia, the grandson of KK Birla. Both of their weddings were grandly celebrated, reflecting the close-knit family ties. Nina’s family background includes her parents, Dhirubhai Ambani and Kokilaben Ambani, as well as her siblings, Mukesh Ambani, Anil Ambani, and Deepti Salgaocar.
Key Contributions and Ventures
1.Kothari Sugars and Chemicals Limited
Nina Kothari has played a crucial role in maintaining Kothari Sugars and Chemicals Limited as a significant player in the sugar industry in India. Her leadership as the Chairperson has been instrumental in upholding the company’s status as a flagship enterprise within the HC Kothari Group, with operations based in Chennai, Tamil Nadu.
2.Javagreen
In 2003, Nina founded Javagreen, a chain of coffee and food cafes, showcasing her entrepreneurial spirit and ability to diversify her business interests. Although not as prominent as some other coffee chains, Javagreen reflects her innovative approach and willingness to explore new business opportunities.
3.Other Ventures
Nina’s influence extends to other subsidiaries within the HC Kothari Group, including Kothari Petrochemicals Limited and Kothari Safe Deposits Limited. Her expertise has significantly contributed to the growth and success of these ventures, highlighting her resilience and determination to uphold and expand her family’s business legacy.
Net worth
It’s amazing to see that Nina, just like her brother, also has a significant net worth. Nina holds two publicly traded stocks and has a net worth of over Rs 52.4 crores, as reported by corporate shareholdings. According to ICICI direct, Kothari Sugars & Chemicals Ltd is in the Sugar sector and has a Market Capitalization worth Rs. 435 crores.