UpdateBot at 08:19, 20 March 2022

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{{Use dmy dates|date=July 2017}}
{{Use Indian English|date=July 2017}}
{{Infobox person
| name = Lalit Mohan Thapar
| image =
| caption =
| birth_name =
| birth_date = {{Birth date|1930|10|27|df=y}}
| birth_place =
| death_date = {{death date and age|2007|01|17|1930|10|27|df=y}}
| death_place = [[New Delhi]], India
| nationality = [[India]]n
| education =
| alma_mater =
| occupation =
| years_active =
| father = [[Karam Chand Thapar]] {{small|(father)}}
| relatives = [[Gautam Thapar]] (nephew)
}}
'''Lalit Mohan Thapar''' (27 October 1930 – 17 January 2007), often referred to by his initials '''LMT''', headed the LM [[Thapar Group]] of companies. He was born to [[Karam Chand Thapar]], the founder of the Thapar Group of companies that owned companies such as [[Crompton Greaves]], [[BILT]] and [[JCT Mills]]. Inder Mohan Thapar, Brij Mohan Thapar and Man Mohan Thapar are his brothers.<ref> [http://economictimes.indiatimes.com/articleshow/1489841.cms "Thapar rejig in final lap"], ''The Economic Times'', 14 April 2006</ref>

He was educated at [[The Doon School]].<ref>[http://articles.economictimes.indiatimes.com/2010-11-05/news/27619357_1_doscos-jyotiraditya-scindia-project-arrow "How the most influential alumni network in India Inc works"], ''The Economic Times'', 5 November 2010 {{Webarchive|url=https://web.archive.org/web/20121219000452/http://articles.economictimes.indiatimes.com/2010-11-05/news/27619357_1_doscos-jyotiraditya-scindia-project-arrow |date=19 December 2012 }}</ref> He graduated in engineering from the [[University of Southern California]], USA. He became chairman of Ballarpur Industries Limited in 1962.<ref>[https://web.archive.org/web/20060516145930/http://www.bilt.com/investor/directors_1.asp?id=7 "BILT Board of Directors: Mr L M Thapar – Chairman]</ref> He died of [[heart failure]] and [[kidney failure]] in [[New Delhi]] on 17 January 2007.

==Thapar Group==
{{Unreferenced section|date=May 2020}}
The Thapar Group was established by Lala Karam Chand Thapar. After his death in 1963, his third son, L.M. Thapar, took over the Group, which then included the [[Oriental Bank of Commerce]], as well as [[Oriental Insurance]]. Both these companies were subsequently nationalised. Other Group companies and concerns in India are or were ''[[The Pioneer (daily)|The Pioneer]]'', [[Greaves Cotton]], [[JCT Mills]], JCT Electronics, [[Crompton Greaves]] and [[Ballarpur Industries]].

With the division of the Thapar family assets, L.M. Thapar inherited, among other companies, [[BILT]]. BILT eventually became part of the [[Avantha Group]].

==Personal life==
Single and a resident of New Delhi's upmarket [[Amrita Shergill Marg]], Thapar was fond of the good life and was known for being charming and polished. He was an avid art collector, with an impressive personal gallery of some of the finest works of art. His ''bon vivant'' persona was highlighted in most of his obituaries.<ref>See, for example, [http://www.businessworld.in/jan2907/news04.asp] {{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

In 2005, he handed over the reins of his business empire to his nephew [[Gautam Thapar|Gautam]] (son of Brij Mohan Thapar), leaving his voting rights, shares and most of his personal effects to Gautam in his will. Thapar died on 17 January 2007 from [[heart failure]] and [[kidney failure]] at a hospital in New Delhi.<ref>{{cite news|title=Industrialist L M Thapar dead|url=http://ia.rediff.com/money/2007/jan/18thapar.htm|accessdate=19 February 2018|work=Rediff.com|date=18 January 2007}}</ref> His remains were cremated the following day at the Lodhi Cremation Ground in Delhi.<ref>{{cite news|title=L.M. Thapar cremated|url=http://www.thehindu.com/todays-paper/tp-national/L.M.-Thapar-cremated/article14708111.ece|accessdate=19 February 2018|work=The Hindu|date=19 January 2007}}</ref>

He funded a project to document and verify data with regard to dead martyrs of the Indian Armed Forces at a time when publicly getting such accurate information was difficult.<ref>{{Cite web|last=Joshi|first=Manoj|author-link=Manoj Joshi (journalist)|date=1 December 1997|title=Amar Jawan, A Book of Remembrance: A sailor's monumental record of the war dead|url=https://www.indiatoday.in/magazine/society-the-arts/story/19971201-amar-jawan-a-book-of-remembrance-a-sailors-monumental-record-of-the-war-dead-830980-1997-12-01|access-date=2022-01-25|website=[[India Today]]}}</ref>

==References==
{{reflist}}

==External links==
*[http://www.businessworld.in/jan2907/news04.asp Businessworld Obituary]{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}
*[http://economictimes.indiatimes.com/articleshow/1489841.cms Economic Times]
*[http://lmtsm.thapar.edu/admissions2018/apply-online.php LM Thapar MBA Admission 2018]
*{{usurped|[https://web.archive.org/web/20070706064234/http://www.hinduonnet.com/businessline/iw/2000/11/19/stories/0819h151.htm The Hindu]}}
*[http://www.economist.com/business-finance/displaystory.cfm?story_id=15869456 Economist]

{{DEFAULTSORT:Thapar, L. M.}}
[[Category:1930 births|Thapar, L.M.]]
[[Category:2007 deaths|Thapar, L.M.]]
[[Category:Thapar family|L]]
[[Category:The Doon School alumni]]
[[Category:Businesspeople from Delhi|Thapar, L.M.]]

L. M. Thapar - Revision history

UpdateBot at 08:19, 20 March 2022