Kumar Mangalam Birla is Century Textiles chairman after grandfather's death

Kumar Mangalam Birla joined the board of Century Textiles in 2006 and in 2015 became its vice-chairman.

Kumar Mangalam Birla is the new chairman of Century Textiles and Industries after the death of his grandfather Basant Kumar Birla on July 3.

Kumar Managlam, 52, was elected chairman at a board meeting on Saturday. He joined the board of Century Textiles in 2006 and in 2015 became its vice-chairman.

"It is an honour for me to chair a company that was so ably led by my legendary grandfather. His exemplary standards of ethics and his values will serve as an inspiration to us as we carry forward his legacy," said Kumar Mangalam in a statement.

When Basant Kumar first spoke about