You are here: Home » Companies » News
RBI action may derail revival plans of Reliance Capital's subsidiaries
Business Standard

Shriram Group draws up succession plan via trust route, forms mgt board

According to reports, SOT owns close to 30 per cent in the Group's holding company, Shriram Capital

Topics
Shriram Group

Shine Jacob  |  Chennai 



Shriram Group founder R Thyagarajan
Shriram Group founder R Thyagarajan

Financial services major Shriram Group’s founder, R Thyagarajan, on Tuesday came out with a succession plan through the trust route by appointing a board of management to run the Shriram Ownership Trust (SOT). The Group's promotership has been transferred to the Trust and doesn’t lie with any individual or family, he said.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, November 30 2021. 16:22 IST

RECOMMENDED FOR YOU

.