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Stocks that will see action today: August 21, 2023 - The Hindu BusinessLine

Stocks that will see action today: August 21, 2023 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Murugappa group stocks add up to 5 55% in trade as family resolves internal dispute

Murugappa group stocks add up to 5 55% in trade as family resolves internal dispute
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Murugappa Family Ends Dispute with Valli Arunachalam

The Murugappa family, owners of the ₹74,000 crore industrial group with companies including Tube Investments of India and Carborundum Universal, said its members have agreed to “amicably” settle disputes and differences within its promoter group and would “undertake the necessary transactions to effect the family arrangement within the next 90 days,” in a joint statement on Sunday.

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Murugappa family ends dispute with Valli Arunachalam

The communique, which did not reveal the terms of the agreement, said this will also bring to a close legal challenges including that mounted by family scion Valli Arunachalam following the death of her father and group patriarch MV Murugappan in 2017.

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Murugappa Group Family Members Settle Their Dispute

Patching up their differences, the two warring factions of one of the oldest business families in India – the Murugappas- said the disputes and the differences are being amicably settled.

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