In its regulatory filing on Friday, Vodafone Idea Limited informed the investors and exchanges that the Board has appointed Mr. K.K. Maheshwari, a nominee of Aditya Birla Group, as an Additional Director (Non-Executive and Non-Independent) with effect from 3 March 2022.
Mr. K.K. Maheshwari is not related to any other Director / KMP of the Company and is not debarred from holding the office of Director by virtue of any SEBI order or any other authority.
Mr. K. K. Maheshwari is a qualified Chartered Accountant and is currently associated with UltraTech Cement Ltd as Vice Chairman and non-executive director.
He played a leadership role in various organizations with vast expertise in strategy and finance. He has a strong passion for building outstanding teams and a disciplined focus on innovation and excellence in operations. In a distinguished career spanning four decades, of which 36 years have been with the Group.
Vodafone Idea Ltd is currently trading at Rs10.42 down by Rs0.66 or 5.96% from its previous closing of Rs11.08 on the BSE. It touched day's high and low of Rs11.70 and Rs10.23 respectively.