Vi­jay Mallya Ceases to be Di­rec­tor: United Brew­eries

The Economic Times - - Companies: Pursuit Of Profit -

New Delhi: United Brew­eries (UBL) said its Chair­man Vi­jay Mallya has ceased to be di­rec­tor of the com­pany fol­low­ing Sebi's or­der against him. On Jan­uary 25 this year Sebi had re­strained Mallya from hold­ing po­si­tion as di­rec­tor or key man­age­rial per­son­nel of any listed com­pany which has not been va­cated till date, UBL said in a reg­u­la­tory fil­ing.

“The board at its meet­ing held to­day has au­tho­rised fil­ing of req­ui­site forms/in­ti­ma­tions with the Regis­trar of Com­pa­nies and other au­thor­i­ties no­ti­fy­ing Vi­jay Mallya's ces­sa­tion from hold­ing po­si­tion of di­rec­tor in the com­pany,” it said. —PTI

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.