Harsh V Lodha reappointed as director in two MP Birla Group firms

He is now entitled to a 0.75% share in Birla Corp and Birla Cable profits; his profit-related commission can now exceed 50% of total remuneration of all non-exec directors of Vindhya Telelinks

Following permission from a divisional Bench of the Calcutta High Court to make public the decisions taken in annual general meetings (AGMs), Harsh V Lodha has been reappointed director in two MP Birla Group firms, and will be entitled to get part of their profits.
 

The order, which set aside the August 9 ruling of a single-judge Bench, prevented the group entities from publishing the voting results of the last AGM. However, the firms will now be able to execute decisions taken at the AGM last year.
 

People in the know said the Birlas would appeal against the order in