Aditya Birla group Chairman Kumar Mangalam Birla has stepped down from the position of non-executive director and non-executive chairman of Vodafone Idea Ltd.
In an exchange filing, Vodafone Idea said its board has accepted the request of Birla to step down as non-executive director and non-executive chairman with effect from close of business hours today.
Himanshu Kapania, currently a non-executive director, of the company will replace Birla as the non-executive chairman.
"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," the company said.