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Business News/ Specials / The business interests of Priya Dutt
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The business interests of Priya Dutt

While Dutt herself does not have stakes in any companies, RoC data shows her husband holds certain business interests

Photo: PTIPremium
Photo: PTI

Priya Dutt, the daughter of the late actor-politician Sunil Dutt and the late actor Nargis Dutt, is seeking re-election from the Mumbai North Central constituency on a Congress party ticket. While Dutt herself does not have stakes in any companies, RoC data show her husband Owen Roncon holds a 50% stake in Fountainhead Entertainment Pvt. Ltd and a 16.67% stake in Fountainhead Experience Pvt. Ltd.

Roncon confirmed these details over the phone from Mumbai. “I have been associated with Fountainhead for the last 18 years. Originally, we had three partners. Now we have six partners. We had begun the business with Oranjuice, in which I had a 30% stake. We are currently in the process of forming Fountainhead Experience, which will be a merged entity. Oranjuice is now a business under Fountainhead," he said.

Roncon said Fountainhead has offices in Mumbai, Delhi and Bangalore and has about 200 employees. He said the company has annual revenue in the range of 140-150 crore. Roncon said neither he nor his wife had anything to do with the business interests of other family members, including Priya’s brother and actor Sanjay Dutt, his wife Dilnashin Manyata Sanjay Dutt and Priya Dutt’s brother-in-law and former actor Manoj Tuli (who went by the screen name Kumar Gaurav).

RoC data show that Tuli has significant stakes in companies, including Gauri Leathers Pvt. Ltd, North India Leather Products Cluster Pvt. Ltd, MJ Gases Pvt. Ltd and P&G Enterprises Pvt. Ltd.

Sanjay Dutt and his wife control companies, including Sanjay Dutt Productions Pvt. Ltd, Seventy MM Movies Pvt. Ltd, Brick by Brick Realtors Pvt. Ltd, Diqssh International Pvt. Ltd and Diqssh Energy Pvt. Ltd. Dilnashin Dutt holds stakes in Sparkmaticks Energy Pvt. Ltd, Duto Commodities Pvt. Ltd and Super Flight Promotions Pvt. Ltd.

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Published: 18 Apr 2014, 12:58 AM IST
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