[1] It is not a part of the Aditya Birla Group, a multinational conglomerate with products ranging from metals, cements, textiles, agricultural businesses, telecommunications, IT, and financial services.
In 2013, Birla Corporation merged with its subsidiary company, Talavadi Cements Ltd as the firm could not meet requirements for raw materials due to a ban on the mines in Rajasthan.
When Priyamvada died in 2004, she gave the Rs 5000 crore estate to her close accountant, Rajendra Singh Lodha, who was a co-chairman.
[5] This estate included key holdings in the East India Investments Co and Gwalior Webbing, Birla Corporation, Vidhya Telelinks, and Universal cables, among others.
Since the will was written in 1999 and was not officially granted "probate," the Lodha family currently holds the MP Birla group.
[7][8] In 2011, Birla Corporation faced problems with overproduction of cement during a long period of decreasing demand.
Naturally, Harsh Lodha became worried for the corporation since cement is the largest revenue generator for Birla Corp.[9] He is currently looking into other alternatives for growth in the coal industry.
[10] In November 2017 it was announced that M.P Birla Cement had agreed to become the co-sponsor Mohun Bagan A.C for the period between December 2019.
[12] On 19 September 2020, the Calcutta High Court ordered the removal of Harsh Vardhan Lodha from all the directorships and other positions in the trust's and societies of the MP Birla Group of Companies.