Kumar Mangalam to head Kesoram after B.K. Birla
June 26th, 2009 - 4:19 pm ICT by IANSKolkata, June 26 (IANS) Kumar Mangalam Birla will succeed his grandfather Basant Kumar Birla as chairman of Kesoram Industries.
The 88-year old B.K. Birla made the disclosure while addressing shareholders at the 90th Annual General Meeting of the company here Friday.
However, he did not mention any time frame.
“After me, Kumar Mangalam will take charge of this company,” the senior Birla said..
“I had been asking Kumar to take charge of the companies (B.K. Birla group) in the next two to three years, but he is not listening to me.”
“All decisions about the company will be taken by my father and Kumar Mangalam,” his daughter Manjushree Khaitan told reporters.
“I will continue to remain in the board,” she said when asked about her role in the company after his retirement.
Speculation is rife that B.K. Birla would soon hand over charges of various group companies to Kumar Mangalam, son of the late Aditya Vikram Birla.
Kesoram is engaged in manufacturing of tyres, tubes, flaps, cement, viscose filament, rayon yarn, etc.
- 'Kumar Mangalam will take charge of Kesoram when required' - Jul 05, 2011
- BK Birla to continue as chairman of the group - Jul 01, 2010
- Kesoram plans to invest Rs.2,000 crore in 15 months (Lead) - Jun 26, 2009
- Kumar Mangalam Birla has no plans to join Kesoram board - Feb 18, 2010
- BK Birla for Mangalam Timber, Mangalam Cement merger - Jul 01, 2010
- Kesoram posts Rs.26 crore profit in Q4 - Apr 28, 2010
- Birla to raise promoters' stake in group firms - Jun 27, 2009
- Kesoram Industries posts net profit of Rs.36.83 crore - Jan 28, 2010
- Lockout at Birla Tyres' Balasore unit - Jul 16, 2010
- Kesoram Industries to invest Rs.1,125 crore - Jul 01, 2010
- Mangalam Timber offers merger with Mangalam Cement - May 03, 2010
- Biography of B.K.Birla, wife released - May 01, 2011
- At Birla marriage anniversary, Mamata talks business - Apr 29, 2012
- B.K. Birla to continue as Kesoram chairman - Jun 26, 2008
- Birla wrote letter to PM: Ex-telecom regulator - Mar 16, 2012
Tags: aditya, annual general meeting, birla group, cement, decisions, disclosure, filament, group companies, kesoram industries, kolkata, mangalam, rayon yarn, retirement speculation, shareholders, time frame, tubes