[2] She is credited with the revival of a loss-making sugar business into a profitable multi-focussed industrial conglomerate.
[3] She received the fourth highest civilian award of the Padma Shri from the Government of India in 1992 for her contributions to the Indian sugar industry.
[4] Born in 1944 in Allahabad, in the most populous Indian state of Uttar Pradesh, she did her early schooling at St. Mary's Convent High School, Nainital and returned to Kanpur where she completed her graduate studies.
[3] She is reported to have learnt the basics of the business, dismantled the senior management and turned around the company to make a profit of ₹ 4.4 million in the first full year of business.
[3] Meenakshi shared the responsibilities of the managing director of the company with her husband for 22 years until June 2015 when she stepped down from active career to retain the post of a non-executive director.