Grasim gets new MD

The Aditya Birla group has appointed KK Maheshwari as Managing Director of Grasim Industries, the cement-to-yarn company. Before this, Maheshwari has been the whole-time director of Grasim and will now assume charge as Managing Director immediately, a post created for the first time in the 65 years of the company.

Maheshwari has handled leadership positions in the chemical and trading businesses for the conglomerate and was also whole-time director of Aditya Birla Nuvo, a diversified subsidiary.