The shareholders of Ambadi Investments (AIL), the holding company of the Rs 38,100-crore Murugappa Group, have voted against the induction of Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board. In an email Interaction with T E Narasimhan, the US-based Arunachalam shares her views on outcome of the annual general meeting and her next course of action. Edited excerpts:
What will be your and your family’s next course of action?
I will continue to fight, and the decision taken by the family will not deter our efforts to seek justice and gender equality.
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