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AC Muthiah steps down as chairman of Spic, son takes over
Industrialist AC Muthiah has stepped down as chairman of Southern Petrochemicals Industries Corporation Limited (Spic). He retired from the position of chairman of board of directors of the company, and has been appointed as chairman emeritus, while his son, Ashwin C Muthiah has taken over as the chairman of the board, according to a company filing to the National Stock Exchange. Ashwin C Muthiah was