Birlas Seek Fresh Valuation Of Pilani Investments

The move follows Birlas' recent high-profile intra-family deal (involving the splitting of roles in Century Textiles between existing and new projects) which has also been evaluated by financial experts.

As a result of the informal arrangement arrived at by the various groups of the family on the Century split, a need to review the arrangement and evaluate the shares and assets of Pilani Investments has risen since Pilani holds about 40 per cent of Century,