Birla Corporation on Thursday held its board meeting under the chairmanship of Harsh Vardhan Lodha to approve the financial results for the September quarter.
It was the first board meeting of the company that Lodha chaired after the Calcutta High Court order in October. The Division Bench of the court had declined an ad interim stay on the Single Bench order restraining Lodha from holding office in M P Birla group entities and clarified that there was a restriction “on the strength of shares referable to the estate of Priyamvada Birla”.
The order is being interpreted by the Birla and