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Mallya’s son Sidhartha resigns as director from UB Holdings

Published

9 years ago

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sidhBengaluru:Beleaguered liquor baron Vijay Mallya’s son Sidhartha V. Mallya resigned as non-executive and non-independent director of United Breweries Holdings Ltd, the listed firm said on Friday.

In a regulatory filing to the BSE, the city-based holding firm said 28-year-old Sidhartha vacated the office of director with effect from March 31, under the relevant section of the Companies Act.

Sidhartha, who was first appointed as director in May 2005, was reappointed to the executive on rotation with the shareholders’ consent at the company’s 99th annual general meeting here on September 28, 2015.

The company, however, did not give reason for Sidhartha’s sudden resignation.

As chairman, Mallya holds majority equity stake (52.34 percent) in the holding firm, whose flagship company is the country’s largest beer maker United Breweries Ltd.

As a holding firm, UBHL has strategic investments in group companies, securities, overseas trade, real estate development, commercial and residential properties and licensing of trade marks.

Though Sidhartha also has US citizenship, he graduated in science from Queen Mary University in London.

The only son of Mallya, he is also a director on the board of other group firms such as Kamsco Industries, Mallya Ltd, Royal Challengers Sports Ltd, Gem Investment & Trading Company Ltd and United Mohun Bagan Football Team Ltd.

According to company sources, Sidhartha is currently abroad, pursing a film career in Hollywood and doing a drama course in London.

An ardent cricket buff like his father, Sidhartha is in India during summer when his team (RCB) plays in the IPL T20 tournament every year.

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What monkey fled with a bag containing evidence in it: Read full story

Published

2 years ago

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May 5, 2022

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The court, generally, considers a person who commit a crime and the one who destroys the evidence, as criminals in the eyes of law. But what if an animal destroys the evidence of a crime committed by a human.

In a peculiar incident in Rajasthan, a monkey fled away with the evidence collected by the police in a murder case. The stolen evidence included the murder weapon (a blood-stained knife).

The incident came to light when the police appeared before the court and they had to provide the evidence in the hearing.

The hearing was about the crime which took place in September 2016, in which a person named Shashikant Sharma died at a primary health center under Chandwaji police station. After the body was found, the deceased’s relatives blocked the Jaipur-Delhi highway, demanding an inquiry into the matter.

Following the investigation, the police had arrested Rahul Kandera and Mohanlal Kandera, residents of Chandwaji in relation to the murder. But, when the time came to produce the evidence related to the case, it was found that the police had no evidence with them because a monkey had stolen it from them.

In the court, the police said that the knife, which was the primary evidence, was also taken by the monkey. The cops informed that the evidence of the case was kept in a bag, which was being taken to the court.

The evidence bag contained the knife and 15 other important evidences. However, due to the lack of space in the malkhana, a bag full of evidence was kept under a tree, which led to the incident.

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