Satyanand Munjal, Hero Cycles co-founder, dies at 99
Posted on: 15 Apr 2016 18:00:55
15 April 2016 Current Affairs: Hero Cycles patriarch Satyanand Munjal, 99, passed away at his residence in Model Town in Ludhiana on April 14,2016.Popularly known as ‘Mahatma’, Munjal was a much-respected figure in business and social circles. He is survived by six childrenA devoted Arya Samajist, Munjal was the eldest of the Munjal brothers and built the Hero Group, which has now emerged as one of the largest business conglomerates in India.Apart from building a business empire, his philanthropic acts such as Bahadur Chand Munjal (BCM) Arya schools, Hero DMC Heart Institute, Dayanand Medical College and Hospital (DMCH) remain his most notable works.He undertook several new initiatives by keeping a regular track of the functioning of these institutions. Munjal also propagated teachings of the arya samaj extensively.
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