Radhakishan Damani. The 115% surge in share prices of D-Mart parent Avenue Supermarts on listing day has increased the value of his family’s stake in the firm to more than $5 billion. Mumbai: If Radhakishan Damani passed by you in the corridor, perhaps you wouldn’t notice. In 1999, in his 40s, Damani diversified into retail, according to the final offer documents of the Avenue Supermarts share sale. Damani has three daughters, and one of them, Manjri Chandak, is a director at Avenue Supermarts.

Source: Mint March 22, 2017 23:03 UTC