UB Group Chairman Vijay Mallya has stepped down as non executive chairman of USL
Q. Which Group chairman has stepped down from the board of the company on 25th February 2015?- Published on 26 Feb 16
a. Ratan Tata
b. Vijay Mallya
c. Adi Godrej
d. Shiv Nader
ANSWER: Vijay Mallya
UB Group chairman Vijay Mallya has stepped down as non executive chairman of United Spirits Limited controlled by Diageo Plc after a deal in which the firm agreed to drop all charges of alleged irregularities under his watch, and pay him $75 million over five years in return for getting him to go. Now, Mahendra Kumar Sharma will be made the chairman of United Spirits. Sharma is currently independent non executive director and chairman of the audit committee of United Spirits.