A family battle may be brewing at the 120-year-old Murugappa Group, with Valli Arunachalam, daughter of its late executive chairman M.V. Murugappan, taking on the male members on the board of group holding company Ambadi Investments Ltd. A day after family members rejected her bid for a seat on AIL’s all-male board at its annual general meeting, Arunachalam said she …
