Azim Premji is India's most cash-rich promoter, Anil Agarwal comes second

Most of the upside in the promoters' cash income is now coming from share buybacks, as equity dividends have remained sluggish

Azim Premji of Wipro, Shiv Nadar of HCL Technologies, and the founders of Infosys are some of the most cash-rich promoters in the country. The promoters of the three technology companies together earned a little over Rs 20,000 crore through equity dividends and share buybacks in the last three years. Share buybacks accounted for 56.5 per cent of their cash earnings during the period.

Among individual promoters, Premji tops the list with cash earnings of Rs 10,115 crore, through equity dividends and share buybacks, in the last three years. Wipro completed two share buybacks in this period, allowing the promoters