Ananya Birla and Aryaman Vikram Birla, daughter and son of Kumar Mangalam Birla, Chairman, Aditya Birla Group have been inducted into the board of Grasim Industries.
Grasim Industries is the flagship company of the Aditya Birla Group with a consolidated net revenue of Rs. 95,701 crore in FY ’22. Along with a strong presence in various products, it is a leading global producer of Viscose Staple Fibre (VSF).
Recently Ananya and Aryaman were also inducted into the board of Aditya Birla Fashion and Retail Ltd. (ABRFL) as additional non-executive directors.
Also Read: Ananya Birla and Aryaman Vikram Birla appointed directors in ABFRL
A statement by the company says that Ananya Birla and Aryaman come with ‘rich and varied experience’ and the board believes that Grasim Industries ‘will benefit from their new-age insights and business acumen.’
Grasim’s board has also appointed leading corporate lawyer Yazdi Piroj Dandiwala as an Independent Director. These appointments are subject to requisite approval by members of the company.
Kumar Mangalam Birla, Chairman, Aditya Birla Group said Grasim has incubated several high-growth businesses over the years.
“The global scale built across diverse sectors like cement, fibre and chemicals is a testament to the dynamism that defines the company. Grasim now is at a pivotal juncture as it is on the verge of creating two new high-growth engines — paints and B2B e-commerce for building materials. This is, therefore, an appropriate moment for the board to induct Ananya and Aryaman as directors,” he further added.
