Chennai, 15th May 2018: A Commemorative Postage Stamp in the memory of Thiru M V Arunachalam (1929 – 1996) is being released by the Hon’ble Governor of Tamil Nadu, Thiru Banwarilal Purohit in the presence of the Chief Postmaster General of Tamil Nadu, Thiru M Sampath at Chennai today. The first copy of the commemorative postage stamp and album is being presented to Tmt. M V Arunachalam and family members in the presence of invited dignitaries of the city.
M V Arunachalam was one of the leading personalities of India, who made his mark in the fields of both business and community service, leaving a lasting impression for others to benefit from and to look up to. Under his stewardship as the Chief Executive Officer, the Murugappa Group grew in size and stature, reaching a turnover of Rs 1,800 Crores in April 1995. Inspired by his guidance, the Murugappa Group is now one of the largest conglomerates based at Chennai and spread over 6 continents.

M V Arunachalam grew the Group’s contribution to the Indian Economy, and his contribution to the recovery and successful turnaround of India’s second-oldest company EID Parry (India) Ltd is legendary. In addition to industry & commerce, M V Arunachalam contributed to the community through his involvement in several initiatives. He was a Member of the Executive Committee of Kalakshetra, one of India’s leading organisations in preserving and promoting Fine Arts. He was a Member of the Council of Management of the CP Ramaswamy Aiyar Foundation, and then it’s Honorary Treasurer in 1975. He was also the Chairman of the Madras Kendra of Bharatiya Vidya Bhavan. In the field of education he held various responsibilities – Chairman of Governing Council of Central Electro-Chemical Research Institute, Karaikudi (1970-72), Member of Governing Body of Indian Institute of Management Ahmedabad (IIM-A) and Anna University Syndicate at Madras.

Speaking on the occasion, the Hon’ble Governor of Tamil Nadu, Thiru Banwarilal Purohit said, “Thiru M V Arunachalam was a man of vision who looked beyond industrial progress at the larger well-being of the economy and country. Today, Tamil Nadu is known for its industries and has grown leaps and bounds, the credit for this goes to visionaries like Thiru M V Arunachalam.”

Thiru M Sampath, Chief Postmaster General, Tamil Nadu Circle said, “Commemorative Postage Stamps are issued on special occasions or to notable persons for their contributions to society. Today is a very special day for the Murugappa family because M V Arunachalam is the second Murugappa family member being commemorated through a postage stamp.”

About AMM Foundation
AMM Foundation is an autonomous, charitable trust known for its community friendly initiatives in the domains of education and healthcare. Guided by leadership with clear vision, AMM Foundation has grown in size and stature, managing one polytechnic and four schools besides four hospitals that have set new benchmarks in education and healthcare.

For more details, visit www.ammfoundation.org

About Murugappa Group
Founded in 1900, the INR 300 Billion Murugappa Group is one of India’s leading business conglomerates. The Group has 28 businesses including nine listed Companies 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., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., TI Financial Holdings Ltd and Wendt (India) Ltd.

Market leaders in served segments including Abrasives, Auto Components, Transmission systems, Cycles, Sugar, Farm Inputs, Fertilisers, Plantations, Bio-products and Nutraceuticals, the Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Química y Minera de Chile (SQM),Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 35,000 employees.