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Vijay Mallya gets shareholders' nod to continue as USL chairman

2014-10-01 13:28:05| Beverages - Topix.net

Summary Following a reduction in its shareholding in USL, United Breweries Ltd , promoted by Mallya, is no longer entitled... Liquor baron Vijay Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major. Following a reduction in its shareholding in USL, United Breweries Ltd , promoted by Mallya, is no longer entitled to recommend an independent director to the USL board, global spirits major Diageo said in a statement.

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