Blue Star, an air conditioning firm elevated Vice Chairman Suneel Advani as Chairman with effect from December 1, 2016.
Suneel will be taking over from Ashok Advani, who will relinquish his position as Chairman with effect from November 30.
According to a company statement issued, “As part of the retirement policy of the Board of Directors of Blue Star, Ashok Advani, who will turn 75 on November 17, 2016, will retire from the Board after 47 years of service, and relinquish his position as Chairman of the Board with effect from November 30, 2016.”
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