Mohanlal will based in Rourkela and will be responsible for the group's steel business and mining operations, a statement said.
Commenting on the development Adhunik Group Managing Director Manoj Kumar Agarwal said, "The group feels happy for his association with the organisation; under his expertise guidance and leadership, it will scale new heights."
Mohanlal, who has around 38 years of experience in the industry has an engineering degree from NIT, Jamshedpur and a management degree from XLRI, Jamshedpur.