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A will and a way: How MP Birla companies performed under Harsh Lodha

In the long court battle over the M P Birla group, Harsh Lodha has been asked to step down from management. But in the last decade and a half, the group has grown under him

Topics
Birla Group | corporate governance | Indian companies

Ishita Ayan Dutt  |  Kolkata 

Setbacks are not new to 53-year-old Harsh Vardhan Lodha.

In 2012, a Division Bench of the Calcutta High Court appointed a Committee of Administrators Pendente Lite (APL) to administer the estate of Priyamvada Birla, setting the stage for things to come. Over the past year, much of the focus has been around the committee and its decisions, taken by a majority, to not support resolutions pertaining to reappointment of Harsh Lodha as chairman of M P Birla group companies; first, in July 2019 to the boards of Vindhya Telelinks and Birla Cable and again in July 2020, to the boards of Birla ...

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First Published: Sat, October 03 2020. 06:10 IST
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