Aditya Birla Fashion and Retail Ltd on Tuesday said that its board has approved the appointment of Himanshu Kapania as vice chairman of the company with effect from January 1.
"The board of directors vide their resolution dated December 10, 2019, has approved the appointment of Himanshu Kapania as an additional (non-executive) director and vice-chairman of the company wef January 1, 2020, liable to retire by rotation," the company said in a regulatory filing.
The development is subject to the approval of the shareholders at the ensuing thirteenth annual general meeting of the company, the filing said.
Kapania, an alumnus of IIM Bangalore and BIT Mesra, is the former Managing Director of erstwhile Idea Cellular renamed 'Vodafone Idea Ltd' after merger with Vodafone India and is presently on the board of the new mobile company.
He is also the Vice Chairman of Grasim Industries and a member of the business review council for aluminum business of Hindalco and Cement business of UltraTech, Indian listed companies promoted by the Aditya Birla Group.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app