As part of an overhaul of the top management and board of the two cement manufacturers,
Gautam Adani, chairman of the Adani Group and the richest man in Asia, along with his son Karan and nephew Pranav,
will join the boards of two of India's oldest cement businesses, ACC Ltd and Ambuja Cements Ltd.
After Holcim India's stake in the two companies was acquired by Adani Group in a $10.5 billion transaction,
some long-serving board members of the two cement manufacturers may resign, the people said, seeking anonymity.
Following board meetings on September 16, one of the two sources said,
"The boards of ACC and Ambuja Cements are likely to observe the change in their composition."