 "money, cash, rupees")
Ambadi Investments, the holding company of the Murugappa group, which is caught in a family dispute, saw the market value of its investments rise by 37 per cent year-on-year as on March 31, 2018 to Rs 10,986 crore according to the latest available annual report. As on January 7, the value of its investments was slightly higher at over Rs 11,400 based on the holdco’s shareholding on September 2019.
Valli Arunachalam's, one of the heirs to the 119-year old Rs 37,000 crore Murugappa Group, who claims that her family holds over 8 per cent shares in the holding company, is
