Associated Alcohols announces Board level changes

Associated Alcohols & Breweries Ltd., a leading player in the Indian alcoholic beverages industry, has announced several key changes in the leadership team and the board.

Prasann Kumar Kedia is the new Managing Director of the company. He has been an integral part of the AABL family for over 22 years and is currently the Vice Chairman – Operation & Business Development. He is known for his ambition, strategic thinking, and vision, making him the perfect fit for this crucial role, the company said in a statement.

The board has also approved the appointment of Debashis Das as a Non-executive Independent Director of the company. He previously served as a Non-executive Non-Independent Director.

The tenure of Homai Ardeshir Daruwalla, who serves as an Independent Director of the Company, is scheduled to end on May 15, 2023, at the close of business hours. She is currently associated with nine companies, including Triveni Engineering and Industries Limited, Triveni Turbine Limited, and Rolta India Limited, among others.

The board has accepted the resignation of Sanjay Kumar Tibrewal from the post of Whole Time Director of the company. Anshuman Kedia has been appointed as a new Whole Time Director.