Citizen Service & Revenue sustainability must go Hand in Hand: MoS (See 'Corp Brief') A&C - Developer's failure to establish escrow account and its prolonged delay in project completion demonstrated financial indiscipline: HC (See 'Legal Desk') A&C - DMRC is not in violation of obligations under Concession Agreement, if DMRC had co-operated with PDL and sub-licensee and non-completion of project was because of failure of PDL: HC (See 'Legal Desk') SAIL recognised with 8 Prestigious PRSI National Awards for Communication Excellence (See 'Corp Brief') LoI signed to establish Centre of Excellence for CRISPR Innovation and Translation (See 'Corp Brief') Sonowal calls for integration of Modern Education and Spiritual Values (See 'Corp Brief') PMLA - Provisional attachments under Section 5 of PMLA can be initiated without chargesheet under Section 173 of CrPC, based on sufficient material: HC (See 'Legal Desk') Chouhan meets Rozgar Sahayaks (See 'Corp Brief') DRDO & RRU ink MoU to foster collaboration in research, education & training (See 'Corp Brief') IPR - By mapping claims of suit patent against each element of defendants' product, plaintiffs have established strong prima facie case demonstrating infringement of suit patent: HC (See 'Legal Desk') EVs driving India's Next Growth Story: MoS (See 'Corp Brief') Meditation is scientific tool for stress management and neuroplasticity: Experts (See 'Corp Brief') Misc - Directors of company under winding up are statutorily bound under Section 454 of Companies Act, to make full and accurate disclosure of assets: HC (See 'Legal Desk') Mandaviya leads 1st Anniversary Celebrations of Fit India Sundays on Cycle in Puducherry (See 'Corp Brief') MoHUA launches 10th Swachh Survekshan (See 'Corp Brief') Misc - Once CIRP is initiated, all claims against corporate debtor must be routed through insolvency process: HC (See 'Legal Desk') Centre releases grants of Rs 94 Crores for PRIs in Uttarakhand (See 'Corp Brief') New Logo for RRBs signifying single and unified brand identity unveiled (See 'Corp Brief') PMVBRY aims to incentivise creation of over 3.5 crore jobs over 2 years (See 'Corp Brief') IPR - Pharmaceutical guidelines illustrate that if combination of two prior art documents fails to provide result as claimed in invention in question, then teaching of prior art documents is considered to be teaching away: HC (See 'Legal Desk') Ministry of Parliamentary Affairs transforming functioning into paperless ecosystem (See 'Corp Brief') Scindia chairs review meeting on Matabari Tourism Circuit Development in Tripura (See 'Corp Brief') IPR - If Novartis had consciously waived its right to cross-examination by electing to file rebuttal evidence, there are no valid grounds to challenge Controller's order: HC (See 'Legal Desk') WHO Global Summit on Traditional Medicine Commences in New Delhi (See 'Corp Brief') MoS delivers national statement at UN on outcomes of World Summit on the Information Society (See 'Corp Brief') PM MITRA Parks anchored in 5F vision generating huge investment interest (See 'Corp Brief') IPR - While assessing 'prior art', mere similarity is insufficient and visual distinction matters, and for prior art to invalidate design, it must be clearly established and comparable in relevant features: HC (See 'Legal Desk')

Birla Corporation names Arvind Pathak as CEO

Published: Mar 01, 2021

By TIOLCORPLAWS News Service

NEW DELHI, MAR 01, 2021: BIRLA Corporation on Monday announced that Mr Arvind Pathak will take over as Managing Director and Chief Executive Officer (CEO) of the company, effective from March 31, for a span of three years.

Mr Pathak will take over from current CEO Mr Pracheta Majumdar who is being re-designated as Chief Management Adviser of the company.

In a regulatory filing, Birla Corporation said their Board of Directors met on March 1 and approved the appointment based on the recommendation of the Nomination and Remuneration Committee.

Mr Pathak as around 38 years of overall experience of which 36 years has been in the cement industry. He has held CEO or equivalent positions for over 14 years in various large organisations which include ACC, DCP, Adani and Reliance ADAG group.

"Skilled in manufacturing, operations management, strategic planning, project development and execution, driving cost reduction and negotiations, Mr Pathak has a strong track record of successful planning and execution of long-term business plans," said the company.

The final appointment is subject to approval of the shareholders at the next general meeting of the company.

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