Hyderabad, April 24: BJP candidate from Hyderabad Lok Sabha constituency K Madhavi Latha on Wednesday declared her family assets, both moveable and immovable worth ₹ 218.38 crore. K Madhavi Latha' s family has liabilities to the tune of ₹ 27 crore. K Madhavi Latha today submitted her nomination papers for the election to be held on May 13. Hyderabad Lok Sabha Election 2024: BJP Candidate K Madhavi Latha Files Nomination With Rally From Charminar (Watch Video)

The BJP candidate's family owns 2.94 crore shares of Virinchi Ltd valued at ₹ 94.44 crore. K Madhavi Latha's husband Vishwanath Kompalle, an IIT Madras alumni is founder of the fintech and healthcare company. According to an election affidavit she filed, the family has movable assets worth ₹ 165.46 crore including three dependents and immovable - ₹ 55.92 crore. Hyderabad: Woman Cop Shakes Hand, Shares Warm Hug With BJP Candidate Kompella Madhavi Latha; Suspended (Watch Video)

She will take on All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief and sitting MP Asaduddin Owaisi and the Congress has announced Mohammed Waliullah Sameer as its candidate. She mentioned that she possesses a Masters degree in Political Science. Mr Owaisi has declared family assets at ₹ 23.87 crore and liabilities of ₹ 7 crore. He possessed a pistol and a rifle, according to his affidavit filed on April 19.