Murugappa Group's Plan to Split Hits a Roadblock

- The Murugappa Group's plan to divide its business empire among three family factions has encountered significant obstacles due to disagreements over the valuation of certain companies. - The surge in the share prices of CG Power and other group companies has led to disputes among family members about the terms of the split, which was modeled after the TVS Group separation plan. - The family has been negotiating the split for over two years, aiming for an equitable division of the $9 billion revenue-generating conglomerate. - The group's internal conflicts have been exacerbated by the recent settlement with Valli Arunachalam, who had challenged the male-dominated board structure of the family holding company. - Despite the disagreements, the Murugappa Group remains committed to a fair and equitable separation to ensure smooth management and business continuity. Source: [Economic Times](https://economictimes.indiatimes.com/news/company/corporate-trends/murugappa-plan-to-split-group-into-3-hits-a-bump/articleshow/112612371.cms)