TVS family rift emerges over wealth division

TVS family rift emerges over wealth division

Differences have surfaced within Venu Srinivasan's family over ownership and economic division of TVS-linked wealth, sources said. Mallika Srinivasan is pushing for an amicable settlement between Lakshmi Venu and Sudarshan Venu. A 2024 MoU covers brand use and non-compete but not valuation-based wealth division. Lakshmi cites the 2020 TVS family split as a model.

Source: Moneycontrol

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