It has been learned from the sources that one of the largest business houses present in the Indian market today, Mahindra & Mahindra (M&M) is talking to key shareholders ahead of its annual general meeting, slated for July 28 for the re-election of Keshub Mahindra as the Chairman of the M&M Group.

The concerns against the 86-year old started floating in the Indian market after the recent conviction in the Bhopal gas leak case.

In fact, the company's largest institutional shareholder LIC has indicated that the company may back the re-election of Keshub for another term in the company.

It is to be mentioned here that LIC holds close to 17% share in the company while a majority 26% share is being held by the Mahindra family.

While M&M refused to comment on the matter one cannot show its back to the fact that Anand Mahindra has done a phenomenal work in bringing professional culture into the Mahindra Group and experts are even supporting the fact that even if Keshub who is Uncle to Anand is not re-elected as Chairman of the company, Anand will be able to control the Mahindra ship with great composure and control.