The son of Chief Minister N. Chandrababu Naidu and Telugu Desam Party candidate for the Mangalagiri Assembly Constituency Nara Lokesh has declared immovable and moveable assets of ₹277.28 crore in the affidavit he filed along with his nomination papers on Friday.
Mr Lokesh who declared an income of ₹1,19,43,016 for 2017-18 put the value of his movable assets as ₹253,68,92,998 and his immovable assets as ₹2,36,00,000.
The annual income of his spouse Brahmani has been declared as ₹15,21,54,956 and his son Devaansh as ₹18,82,224.
The value of Ms. Brahmani’s movable assets were declared as ₹14,40,90,905 and immovable assets ₹10,71,65,138.
Notable in the movable assets of Mr. Lokesh are 47,32,800 shares of Heritage Foods Limited each worth ₹511.90 having a total of ₹242,27,20,320.
Mr. Lokesh also declared three vehicles one Ford Fiesta and Toyota Fortuners.
