KM Birla stepping down as non-exec chairman of Voda Idea

The Board of Directors of Vodafone Idea Limited has accepted the request of Kumar Mangalam Birla to step down as Non-Executive Director and NonExecutive Chairman of the Board with effect from close of business hours on August 4, 2021.

“Consequently, the Board has unanimously elected Mr. Himanshu Kapania, currently a Non-Executive Director, as the Non-Executive Chairman,” the company said in a notice to the BSE Wednesday.

Kapania, a nominee of the Aditya Birla Group, is a telecom industry veteran with 25 years of experience. This includes significant board experience in telecom companies globally. Mr. Kapania has also served on the Global GSMA Board for two years and was also the Chairman of the Cellular Operators Association of India (COAI) for two years.

He is presently the Chairman of the FICCI Council on Telecom, Electronics and Digital Economy.

“Further, based on recommendation of Nomination and Remuneration Committee, the Board has appointed Mr. Sushil Agarwal, a nominee of Aditya Birla Group, as an Additional Director (Non – Executive and Non Independent) with effect from 4th August, 2021,” the company said.

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