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Murugappa Group
Founded in 1900, the Murugappa Group is one of India's leading business conglomerates, founded, managed, and largely owned by the Murugappa family. The group has 28 businesses including eleven listed companies actively traded in NSE & BSE. Headquartered in Chennai, the major companies of the group include Carborundum Universal Ltd, Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., EID Parry (India) Ltd., Parry Agro Industries Ltd., Tube Investments of India Limited, and Wendt (India) Ltd.
Active in several segments including abrasives, auto components, bicycles, sugar, farm inputs, Fertilizers, plantations, bioproducts and nutraceuticals, the group has forged strong alliances with leading international companies like Groupe Chimique Tunisien, Foskor, Cargill, Mitsui Sumitomo, Morgan Crucible and Sociedad Química y Minera de Chile (SQM). The Group has a wide geographical presence spanning 13 states in India and five continents around across the globe.
Brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor and Paramfos are from the stables of Murugappa. The organisation has a workforce of over 32,000 employees. In May 2015, Indian market regulator SEBI charged its Chairman A.Vellayan in an Insider Trading Case related to the acquisition of Sabero Organics in 2011. Following this, Mr.Vellayan stepped aside as the Chairman of the Group, until the matter is resolved.〔http://www.thehindu.com/business/Industry/vellayan-steps-aside-as-chairman-of-murugappa-group-corporate-board/article7236093.ece〕
==History==
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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