TVS Succession Dispute Spirals, Family May Head To Court
A major succession battle is brewing within the TVS family, as boardroom disagreements escalate into a potential court fight over the control of group assets. The rift pits patriarch Venu Srinivasan and his son, Sudarshan Venu, against his wife, Mallika Srinivasan, and daughter, Lakshmi Venu. At the centre of the conflict is the interpretation of a December 2020 family pact and a March 2024 memorandum of understanding. The two camps are sharply divided over whether these agreements merely structured business management or actively finalised the transfer of asset ownership.
