Basant Kumar Birla would like to transfer his 30 per cent holding in the Birla holding company Pilani Investments to grandson Kumar Mangalam Birla though most of the companies of his Rs 5,000 crore ...

Calcutta, Aug. 4: The Birlas today resolved to a great extent a decades-long tangle of cross-holdings in Pilani Investments, with B.K. Birla buying around 27 per cent additional shares to emerge ...

He says the only saving grace in this case is that the Birla family members are on good terms with each other. In Pilani, the BK Birla group holds 30 per cent, the MP Birla group controls 25 per cent ...

Close associates of B.K. Birla hold 7-8% more of Pilani’s shares, and the MP Birla group, which is now controlled by Harsh V. Lodha, holds a little more than 25% in the firm.

India Business News: MUMBAI: Kumar Mangalam Birla is said to have bought his uncle Sudarshan Kumar (SK) Birla’s 10% stake in Pilani Investments.