In legal fight with Lodha family, MP Birla firms set for showdown at AGMs

Punjab Produce Trading Co (PPTCL), a promoter entity, has proposed Satish Pradhan's name as a director in place of Harsh Vardhan Lodha, who is also in race in Birla Cable board

The administrators of Priyamvada Birla estate, who are fighting a legal battle with Kolkata’s Lodha family, have asked the shareholders of various MP Birla group companies to vote for their nominees on the boards of all the four group firms.
 
Punjab Produce Trading Co (PPTCL), a promoter entity, has proposed Satish Pradhan’s name as a director in place of Harsh Vardhan Lodha, who is also in the race in Birla Cable board.
 
Citing corporate governance breaches in MP Birla firms, PPTCL has also proposed the name of chartered accountant Dhanpat Ram Agarwal as their nominee on Birla Cable