We don''t want the money: Birlas

By Our Corporate Bureau | 16 Jul 2004

1

New Delhi: The Birla families yesterday made it clear that they do not want "a rupee" of the assets of the late Priyamvada Birla but they were united to secure the estate for charity.

In a statement issued on behalf of the Birla families — K K Birla, B K Birla, G P Birla, S K Birla, C K Birla, Siddharth Birla, K M Birla and Yash Birla — it was stated that "the purpose of the statement is to make it clear that the Birla families are united to secure the estate for charity as late M P Birla had intended and none of the families would like to have any share of the assets of late MP Birla and Priyamvada Birla.

"The Birla families appeal to the media to take note of this solemn declaration of theirs so that their reports are consistent with the fundamental stand of the Birla families and not contrary to it," the statement said.

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