Srichand Parmanand Hinduja: Hinduja Group Chairman Srichand Parmanand Hinduja passed away in London on Wednesday. At this time he was 87 years old. He was the eldest of four Hinduja brothers. The family spokesperson said that SP Hinduja was unwell for some time.
Srichand Hinduja got British citizenship. A spokesperson for the family said that Gopichand, Prakash, Ashok and the entire Hinduja family are deeply saddened to announce the passing of our family patriarch and Hinduja Group Chairman S P Hinduja today.
Srichand Parmanand Hinduja, eldest of the four Hinduja brothers and Hinduja Group Chairman passed away in London today at the age of 87, close friends and family confirm to ANI
(Pic: Hinduja Group) pic.twitter.com/J1tG9kvv78
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Had taken over the business at the age of 18
Srichand Parmanand Hinduja was also known as SP. Parmanand Hinduja is his father’s name. Father started the Hinduja Group in 1914 Mumbai. The four brothers add their father’s name to their names as well. After completing his education in 1952, he took over his father’s business at the age of just 18. He was married to Madhu. They have two daughters Shanu and Veenu. Firms like Ashok Leyland in the auto sector and IndusInd Bank in the banking sector have major stakes.
Property dispute surfaced three years ago
Three years ago, a dispute had come to the fore between the four brothers over a property worth Rs 83,000 crore. It started with a letter. The content of the letter was that whatever wealth one brother has, it belongs to all, but Srichand Hinduja and his daughter Veenu want this letter to be declared useless.
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