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Manjushree Khaitan to take over as chairman of Kesoram Industries

Manjushree Khaitan named as chairman of the company after her father Basant Kumar Birla passed away earlier this month

Manjushree Khaitan
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Manjushree Khaitan, chairman, Kesoram Industries

Ishita Ayan Dutt Kolkata
Basant Kumar Birla's daughter Manjushree Khaitan has been named as the chairman of Kesoram Industries, the company said in a filing with the stock exchanges.

At the board meeting held today, Kesoram has redesignated Manjushree Khaitan, the executive vice-chairperson, as chairman of the board with immediate effect. Basant Kumar Birla, who passed away earlier this month, was the chairman of the company. 

Khaitan also relinquished her position as executive vice-chairperson with immediate effect and will continue on the board as a non-executive director. Khaitan had been on the board of Kesoram Industries since 2001.

Khaitan felt that as chairman, she