Hindalco Industries on August 13 said the board has approved the induction of Ananya Birla and Aryaman Vikram Birla as directors.
The company expects to benefit from their “new-age insights” and business acumen, as it is in the middle of an energy transition to a low-carbon future, the company said on August 13.
“This is, therefore, an appropriate moment for the board to induct Ananya and Aryaman as directors. Given their strong business acumen and sharp focus on sustainability, I am confident that they will provide valuable perspectives that align with Hindalco’s strategic vision for a sustainable future,” Aditya Birla Group chairman Kumar Mangalam Birla, who is also the father of the new inductees, said.
In 2023, the Birla scions joined the boards of the group’s flagship companies Grasim Industries and Aditya Birla Fashion and Retail. They were also appointed as directors on the board of Aditya Birla Management Corporation, the apex body responsible for providing strategic direction to the group businesses.
The board also inducted Anjani Kumar Agrawal and Sukanya Kripalu as independent directors and Bharat Goenka as the chief financial officer (Designate). Goenka was earlier with Mahindra & Mahindra, where he was part of the Group CFO’s office.
The Aditya Birla group company has reported a 25 percent year-on-year rise in net profit at Rs 3,074 crore, missing Street expectations. Its June quarter consolidated revenue rose 7.5 percent to Rs 57,013 crore.
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