TVS family succession row: No economic settlement, say Lakshmi Venu and Mallika Srinivasan

TVS family succession row: No economic settlement, say Lakshmi Venu and Mallika Srinivasan

Lakshmi Venu and Mallika Srinivasan have stated that no economic settlement has been reached within the Venu Srinivasan family over ownership of TVS Group businesses and assets. They demand a fair and equitable succession process involving transparent valuation and negotiations. Venu Srinivasan maintains the split was accepted and concluded, and that the businesses and assets were his to distribute.

Source: Moneycontrol

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