September 2 1994 TradeWinds Page 7 Sale of Varun stake postponed as family feud dies down NEW DELHI: The planned sale of Varun Shipping has been put on hold following an agreement between warring factions in the Dilip Khatau family, which controls the company. The family, through various companies, owns a 30 per cent stake in Bombay-based Varun. According to details of the truce obtained by TradeWinds, Dilip Khatau will continue as chairman of Varun.