Lalit Jalan
- January 8, 2024
- Banker
Quick Facts
Lalit Jalan Biography
| Name | Lalit Jalan |
| Birthday | Sep 23 |
| Birth Year | 1956 |
| Place Of Birth | Kolkata |
| Home Town | Kolkata |
| Birth Sign | Capricorn |
| Children(s) | Akshay Jalan & Varun Jalan |
Lalit Jalan is one of the most popular and richest Banker who was born on September 23, 1956 in Kolkata, Kolkata, ****. Lalit Jalan was born in Kolkata in a Marwari family. He attended St. Xaviers School during the early 1970s. Jalan now resides in Mumbai with his family which includes his parents, wife Anita, and two sons, who are also Wharton graduates and handle his family business.
From 2003 onwards, Jalan has led Reliance Energy, a distribution company into the over Rs 23000 crore RInfra. Today RInfra is India’s largest integrated infrastructure development firm with interests in power, roads, metros, airports, cement and other urban infrastructure projects with a turnover exceeding $4.5 billion.
Sh. Lalit Jalan, CEO, Reliance Infrastructure – On Mumbai Power Tussle on YouTube
He became CEO of Reliance Infrastructure on 20 August 2016 and resigned on 06 April 2019 due to his retirement. Since then, he is associated with R-Infra as Advisor under new CEO Punit Garg.
In 1995, Jalan joined Reliance Industries Limited (RIL) as the Head of Polypropylene Business. Jalan made the fastest ‘billion dollar hit’ in the industry by increasing business from zero to a billion dollars in 42 months with no prior experience in the petrochemicals industry. He also served as Head of the E-business at RIL, where he initiated practices such as e-procurement and SAP within the group.
Lalit Jalan Net Worth
| Net Worth | $5 Million |
| Source Of Income | Banker |
| House | Living in own house. |
Lalit Jalan is one of the richest Banker from . According to our analysis, Wikipedia, Forbes & Business Insider, Lalit Jalan 's net worth $5 Million. (Last Update: December 11, 2023)
Jalan studied Electrical Engineering at the Indian Institute of Technology Kanpur (IIT Kanpur) in 1979. He completed an MBA from Wharton School, University of Pennsylvania in 1981 and MS (Computer Science) from Moore School of Engineering. In 2002, he was conferred with the distinguished alumnus award of IIT Kanpur for his outstanding managerial skills.
Jalan has served Reliance Group in many roles, including serving as CEO of RInfra’s Delhi power distribution company, where he reduced power theft from 55% and improved its operations. Jalan joined Reliance Industries Limited as Chief Executive Officer, Polypropylene Business in 1995. At 39, he was the youngest ever CEO at Reliance.
Securities and Exchange Board of India (sebi.gov.in) is the stock market regulator of India. It issued a consent order (no 426/2011 of 14 January 2011) directing Anil Ambani and others, including Lalit Jalan, to pay INR250 million (approximately $6 million) to settle allegations they illegitimately used the funds from External Commercial Borrowings in the Indian stock market and without the applicant admitting or denying any charges or guilt. The legality of such consent order was contested in court, and the government of India passed “Securities Law Amendment Ordinance 2013” on 18 July 2013, which retroactively legalized 426/2011. As the stipulated period of six months had elapsed before the ordinance was approved and regularized in to an Act by the Parliament of India (House of Representatives), again on the recommendation of the Government of India, the President of India has re-promulgated the same ordinance on 15 January 2014, which must be passed by the parliament within six months.
Height, Weight & Body Measurements
Lalit Jalan height Not available right now. Lalit weight Not Known & body measurements will update soon.
Who is Lalit Jalan Dating?
According to our records, Lalit Jalan is possibily single & has not been previously engaged. As of December 1, 2023, Lalit Jalan’s is not dating anyone.
Relationships Record : We have no records of past relationships for Lalit Jalan. You may help us to build the dating records for Lalit Jalan!
Facts & Trivia
Lalit Ranked on the list of most popular Banker. Also ranked in the elit list of famous people born in. Lalit Jalan celebrates birthday on September 23 of every year.