Synopsis Tensions within the TVS Group promoter family, involving Venu Srinivasan and his daughter Lakshmi Venu, have spilled into the boardroom at Sundaram Clayton, raising governance concerns. The board met twice in quick succession to first accept and then reverse the resignation of the company secretary, amid differences over executive control.
TVS Group Promoter Family Tensions Erupt in Boardroom Battle Over Executive Control
Economic Times•
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Publisher: Economic Times
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