In 1997, with the group valued above ₹3,500 crore, he split it three ways among nephews Vikram, Gautam and Karan, only to partly undo it in his own will, rout...
LM Thapar, a key figure from the license-raj era, divided his ₹3,500 crore business group in 1997 among his three nephews: Vikram, Gautam, and Karan. This significant family wealth distribution was later partially adjusted through his will, marking a notable transition in the…
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