HIGHLIGHTS
• Valli Arunachalam is daughter of the late MV Murugappan who died in 2017, and left the 8.15% stake to his wife and two daughters.
• Valli alleged that the group promoters have gender bias against women
• Her two demands: Give a board seat to her or her sister Vellachi Murugappan or buy her family’s 8.15% stake in Ambadi Investments at a fair value