The Hindu Business Line : Kumar Mangalam to head Idea Cellular board

Idea Cellular has announced a newly reconstituted board of directors, a day after it said it had completed the acquisition of 48 per cent stake in the company from the Tata group.

Mr Kumar Mangalam Birla, Chairman of the AV Birla group, has been named the Chairman of Idea.

The other board members are: Ms Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives and Rural Development; Mr Sanjeev Aga, Managing Director, Aditya Birla Nuvo, Mr Debu Bhattacharya, Managing Director, Hindalco; Mr Saurabh Misra, Director, Aditya Birla Management Corporation Ltd, and CEO, UltraTech Cement and Mr M.R. Prasanna, Group Executive President (Legal), Aditya Birla group.

Aditya Birla Nuvo holds 34.7 per cent stake in Idea; Birla TMT Holdings Ltd 44.9 per cent, Grasim 7.5 per cent and Hindalco 10.1 per cent.

Idea operates GSM cellular services in 10 circles in the country and currently has eight million subscribers.

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