Business News Update : Aditya Birla Fashion and Retail appoints Kumar Mangalam Birla as Chairman

Insight Online News

Mumbai, Feb 24 : The Board of Directors of Aditya Birla Fashion and Retail Ltd, at its meeting held on Wednesday, approved appointment of Kumar Mangalam Birla as Chairman & Non-Executive Director of the Company w.e.f. February 24, 2021.

He will be liable to retire by rotation in accordance with the Companies Act, 2013. The appointment is subject to Shareholders’ approval in the ensuing Annual General Meeting.

The board also approved appointment of Sangeeta Pendurkar and Mr Vishak Kumar as Whole-time Directors of the Company w.e.f. February 24, 2021 for a term of 5 (five) years each ending on February 23, 2026. The appointments are subject to Shareholders’ approval in the ensuing Annual General Meeting.

UNIINDIA

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