Group Structure: The Murugappa Group

Murugappa Group includes brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears & Paramfos.

Found in 1900, the INR 369 Billion Murugappa Group is one of India’s leading business conglomerates.

The group includes 8 listed companies.

The fourth generation of Murugappa Group promoters is now navigating the Group’s strategic direction & growth; while the fifth generation is into different roles across functions & businesses.

MM Murugappa from 4th generation is the group chairman now.

Businesses under the Murugappa Group

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businesses and companies under murugappa group

Read the detailed research article on Carborundum Universal Ltd (click), one of the leading players of Abrasives, Industrial Ceramics & Electro-Minerals Industry.

The listed entities of the group:

  1. Coromandel International Ltd
  2. E.I.D-Parry (India) Ltd
  3. Carborundum Universal Ltd
  4. Shanthi Gears Ltd
  5. Tube Investments of India Limited
  6. Wendt India Ltd
  7. Cholamandalam Financial Holdings Ltd
  8. Cholamandalam Investment and Fin Co Ltd

Group Structure

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updated group structure of murugappa group
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Disclaimer: The report only represents personal opinions and views of the author. No part of the report should be considered as recommendation for buying/selling any stock. The report & references mentioned are only for the information of the readers about the industry/company stated.

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