Nara Lokesh, spouse Brahmani declare assets worth Rs 543 Cr; has 23 criminal cases pending

Amaravati: Mangalagiri MLA candidate Nara Lokesh and his spouse Nara Lokesh, spouse Brahmani have declared assets worth Rs ₹542.7 crore.

Mangalagiri is one of the prestigious constituencies for both the TDP and YSRCP. Despite his defeat, Nara Lokesh, who is the son of TDP chief Chandrababu Naidu, is contesting for the second consecutive term from the same constituency.

Total income-

Lokesh- Rs 1,41,64,363.

Spouse- Rs 7,57,04,812.

Son- Rs 51,56,633.

Movable Assets-

Lokesh- Rs 341,68,22,459.

Spouse- Rs 45,06,30,277.

Son- Rs 7,35,12,602.

Immovable Assets-

Lokesh- Rs 92,31,09,546.

Spouse- Rs 35,59,21,125.

Son- Rs 20,17,71,025.

Total Liabilities-

Lokesh- Rs 3,48,81,937.

Spouse- Rs 14,34,37,042.

Assets- Shares in Heritage Foods, Reliance. His spouse Brahmini owns land in Madhapur, Mon-agricultural land in Ranga Reddy, commercial building in Chennai.

Lokesh and his father Nara Chandrababu Naidu jointly constructed a house worth Rs 7,99,59,988.

The TDP leader holds over 1 Cr shares of Heritage Foods Ltd floated by his family worth Rs 339.11 crore at Rs 337.85 apiece. His wife Brhamani is currently Executive Director of Heritage Foods.

Brahmani has---

1. Hand Loan of Rs. 42,23,091 from her mother N Vasundhara Devi.

2. Hand Loan of Rs.16,19,986 from her father N Bala Krishna

3. Hand Loan of Rs.10,01,72,198 from her mother-in-law N. Bhuvaneswari.

Brahmani and her son Devansh own a commercial building at Jubilee Hills with 50% shared.

Brahmani has 2500.338 grams gold worth Rs 1,33,99,579, 310.06 cts of precious stones & pearls worth Rs 1,48,65,827.

Education- Masters of Business Administration, Stanford University.

Criminal cases: 23 cases including

1. Conducting meeting without permission

2. Conspiracy while designing a master plan for the AP Capital Region

3. Social media post on the death of a girl during a road show by Minister KV Usha Sri.