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Amara Raja Group chairman calls it a day
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Amara Raja Batteries plans to invest $1 bn towards capex in 5-7 years
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Amara Raja Batteries plans $1 billion capex in 5-7 years, to focus more on new-age energy storage systems
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Amara Raja Batteries looking at acquisitions, new plants, overseas strategic tie ups
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The Board of Amara Raja Batteries approved a series of leadership and organizational changes to relentlessly drive the execution of this bold new strategy of Energy and Mobility .
Founder Chairman Dr. Ramachandra Galla has resigned from leadership position. He will continue as Director and Chairman till the conclusion of the Annual General Meeting (AGM) in August.
Vice Chairman Jayadev Galla will assume the role of Chairman of the Board after the AGM.
The Board also accepted the resignation of Dr. Ramadevi Gourineni as Non-Executive Director of the Company and thanked her for service.
The Board has decided to induct Harshavardhana Gourineni (Harsha) and Vikramadithya Gourineni (Vikram) as Executive Directors.