The Murugappa family has announced the successful completion of a family arrangement, resolving the longstanding issues with the family branch of the late MV Murugappan. Legal proceedings between the family groups will be withdrawn, and pending formalities will be settled in the coming days. Notably, the family arrangement does not impact the management or control of any listed companies within the Murugappa Group.
Valli Arunachalam, eldest daughter of late MV Murugappan, has reached a settlement with her family over board representation at Murugappa Group s holding company Ambadi Investments.
Semiconductor and high-rel electronics manufacturing' component solutions distributor Micross Components named Valli Murugappan as Sales Director for the Asia Pacific (APAC) region