Friday 23 December 2016

N Srinivasan resigns from UBHL, McDowell Holding boards

N Srinivasan resigns from UBHL, McDowell Holding boards  Independent director N Srinivasan has resigned from the boards of Vijay Mallya-promoted firms - United Breweries (Holding) Ltd and McDowell Holding Ltd.Both the companies - United Breweries (Holding) Ltd and McDowell Holding Ltd - informed the bourses about the resignation of Srinivasan from their respective boards. "We
hereby inform that N Srinivasan has resigned from the office of Director of the company," United Breweries (Holding) Ltd (UBHL) said in a regulatory filing.However, both the companies did not disclose the reason behind his resignation. Srinivasan is a chartered accountant. Shares of UBHL closed 2.09 per cent lower at Rs 37.45 on BSE today, while McDowell Holding settled at Rs 38.80, down 2.27 per cent from previous close. PTI SVK KRH N Srinivasan resigns from UBHL board New Delhi, Dec 22 (PTI) United Breweries (Holding) Ltd today said one of its independent directors, N Srinivasan, has resigned from its board. Srinivasan, who is also on the board of India Cements, is a chartered accountant. "We hereby inform that N Srinivasan has resigned from the office of Director of the company," the Vijay Mallya group company said in a regulatory filing.
The company did not disclose the reason behind his resignation.

No comments:

Post a Comment