KOLKATA: The fertiliser businesses of K K Birla Group would be co-shared among the Poddar, Bhartia and Nopany families.
The group's two fertiliser companies -Zuari Industries Limited and Chambal Fertilisers - would have Saroj Kumar Poddar, son-in-law of late K K Birla, as Chairman. Zuari Industries informed the Bombay Stock Exchange that at the board meeting held today, Saroj Kumar Poddar, who is married to Birla's second daughter Jyotsna, has been appointed Chairman with immediate effect. The other company, Chambal Fertilisers, also informed the BSE that Saroj Kumar Poddar would be the Chairman of the board, Shyam S Bhartia, co-Chairman and Chandra Sekhar Nopany, son of Birla's eldest daughter Nandini Nopany, Additional Director. While Zuari's stock was quoted at Rs 261 on the exchanges, Chambal Fertiliser's share was hovering at around Rs 61. The complete succession plan of the K K Birla Group was unveiled with the two companies announcing the new Chairman and others who would co-share the flagship business area of the group. http://economictimes.indiatimes.com/News_by_Industry/Birlas_fertiliser_biz_to_be_co-shared/articleshow/3490301.cms Credit is a system whereby a person who can't pay gets another person who can't pay to guarantee that he can pay. - Charles Dickens --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
