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

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