Hindalco Industries, the metals flagship of the Aditya Birla Group, has announced the appointment of Kumar Mangalam Birla’s children, Ananya Birla and Aryaman Vikram Birla, to its board of directors. The decision was made during a board meeting on August 13, the company announced in an exchange filing.
Ananya Birla, known for her entrepreneurial success and music career, founded Svatantra Microfin Pvt Ltd at 17, now the second-largest microfinance institution in India. Aryaman Vikram Birla brings experience in entrepreneurship, venture capital investing, and professional sports, and is involved in several Aditya Birla Group businesses, as per the exchange filing.
The board has also welcomed Anjani Kumar Agrawal and Sukanya Kripalu as independent directors, while Bharat Goenka has been appointed as the CFO (Designate), as per the exchange filing.
The move follows the siblings’ appointment to other key positions within the Aditya Birla Group in 2023, including board roles at Grasim Industries, Aditya Birla Fashion and Retail, and Aditya Birla Management Corporation Pvt Ltd.
Commenting on the appointments, the Chairman of Hindalco Industries stated, “Hindalco is now in the midst of yet another transformational growth phase, co-creating solutions that will harness the potential of aluminium and copper to drive the global energy transition and support the shift to a low-carbon future. 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,” as quoted in the exchange filing.
Hindalco Industries, a $26 billion metals powerhouse, is the world’s largest aluminium company by revenues and the second-largest copper rods manufacturer outside China. This board expansion comes as the company continues to focus on sustainable growth and innovation in the metals industry.
