United Spirits directors tell Vijay Mallya to resign from board4 min read . Updated: 26 Apr 2015, 07:35 PM IST
Mallya says he will not resign
Mumbai/Bengaluru: The board of directors at United Spirits Ltd has asked promoter and chairman Vijay Mallya to resign from the board after an internal probe alleged the liquor baron may have been involved in financial irregularities at India’s largest liquor company. The internal probe was led by chief executive officer Anand Kripalu, who was appointed last year by Diageo Plc., the majority shareholder in United Spirits.
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