Grasim board inducts Ananya Birla, Aryaman Vikram Birla as directors

Aditya Birla Group flagship firm says move comes at an appropriate moment, with the creation of the paints vertical and B2B platform for building material

The Board of Grasim Industries Ltd inducted Ananya Birla and Aryaman Vikram Birla as directors, at its meeting held on Monday, a press release issued by the company stated.

Grasim is the flagship company of the Aditya Birla Group, housing the VSF and chemcial businesses. It also holds 57.27 per cent (out of 59.96 per cent total stake) in the group's cement business under UltraTech Cement, and has forayed in Paints segment.

Stating that the new members come with rich and varied experience straddling entrepreneurship and business building, the release added that the appointments are subject to requisite approval