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Bina Modi named chairperson of Modi Enterprises after husband KK's demise, says she wants to keep his vision alive

She has been elected as the president and MD of Godfrey Phillips India Ltd.

, ET Bureau|
Nov 16, 2019, 08.46 AM IST
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Agencies
Bina Modi will also be the managing director of Godfrey Phillips India Ltd and chairman and managing director, Indofil Industries Ltd.
Bina Modi will also be the managing director of Godfrey Phillips India Ltd and chairman and managing director, Indofil Industries Ltd.
After industrialist KK Modi’s death on November 2nd, the baton has been passed on to his wife Bina, who has taken over as the chairperson of Modi Enterprises. She has been elected as the president and managing director of Godfrey Phillips India Ltd and chairman and managing director, Indofil Industries Ltd.

“I am honoured to be bestowed this responsibility and it will be my constant endeavor to keep my husband’s vision alive. KK took his father, Rai Bahadur Gujarmal Modi’s legacy forward and I believe it is now our responsibility and duty to ensure that his vision, philosophy and values continue to guide us on the path to growth, development and success. His extraordinary vision is daunting no doubt, but we, the family and the management of the group companies, are committed to see it reached,” Bina said about her appointment.

Modi’s son, Lalit, who is famous and infamous in equal parts as the founder and original architect of the Indian Premier League is based in London after his run in with the enforcement directorate over financial irregularities in the running of the cricket tournament. After Modi’s death, a prayer meeting was held in Delhi and London simultaneously on November 6th.

On Modi’s death, Lalit had tweeted, “Today I lost my Father - A Man who spent his whole life supporting me and his Entire Family with So much Love and Affection. He will be truly missed by me. Love you Dad, You will always be a part of me. REST IN PEACE.”



Modi’s other son, Samir, runs cosmetics brand, Colorbar.

Take Inspiration From Lalit Modi's Spa-Cation In Thailand

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Living The Dream!

28 Aug, 2017
If you want some inspiration for your next spa-cation, you can try a few of the therapies Lalit Modi reportedly took over his four-day jaunt at a luxury spa in Thailand, details of which he shared on social media. The retreat costs anywhere between Rs 2-5 lakh. (Image: Getty & BCCL)
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