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Lilavati Trust Fires Fresh Salvo at HDFC Bank Chief Executive

July 11, 2025

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Financial Express Ahmedabad

IN YET ANOTHER development in the ongoing dispute involving the Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) and HDFC Bank CEO Shashidhar Jagdishan, LKMM has flagged a regulatory breach in the 'covert' appointment of Jagdishan as the financial advisor to the trust.

- FE ONLINE

On Thursday, the trust furnished a concealed appointment letter dated February 2, 2022, that revealed that Jagdishan was made financial advisor to the trust without the knowledge, consent, or ratification of its permanent trustees Kishor Mehta and Charu Kishor Mehta.

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