The Board of Birla Cotsyn (India) Limited announced that at Board of Directors meeting held on January 14, 2013, the board approved the appointment of Mr. Pasqual Alles as Additional Director of the company in place of Mr. P.B Bhardwaj who stepped down as Chairman and Director. Mr. Pascal has over 40 years experience in textile industry. Mr. Girdharilal Lath has been appointed as Additional Director of the company in place of Mr. Yashovardhan Birla who stepped down as Co-Chairman and Director.

Mr. Girdharilal Lath has been associated with Yash Birla Group for over 30 years. Mr. R.P Mishra has been appointed as Additional Director of the company in place Of Mr. Mohan Jayakar who stepped down as Director. Mr. R.P Mishra is an Ex-banker and was Chairman of Jankalyan Bank and Mr. Suresh Kumar Gupta has been appointed as Additional Director and Managing Director of the company in place of Mr. Om Prakash Jain who as resigned Managing Director and Director.

Mr. Suresh Kumar Gupta has over 32 years experience in textile industry. The board also approved the resignation of Ms. Monica Gandhi as Company Secretary and Compliance Officer of the company.