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Murugappa's parent firm to decide Valli Arunachalam's induction on Sept 21

The 59-year-old Arunahcalam waged a lone battle against seven other branches of the family for a position on the eight-member all-male board of AIL

Valli Arunachalam
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Valli Arunachalam, one of the heirs to the 119-year-old Murugappa Group, claims her family holds over 8% shares in the holding firm

T E Narasimhan Chennai
Holding company of the Rs 38,000-crore Murugappa Group – Ambadi Investments (AIL’s) – is expected to discuss Valli Arunachalam’s possible induction into the board during a shareholders’ meeting on September 21.

In January, the 59-year-old Arunahcalam, a technology consultant and daughter of former Murugappa patriarch late MV Murugappan, waged a lone battle against seven other branches of the family for a position on the eight-member all-male board of AIL.

AIL’s notice said that for the upcoming meeting, “The company received a notice in writing dated August 5, 2020, from Valli Arunachalam, a shareholder belonging to the promoter group, proposing herself as a