Vijay Mallya And Ub Holdings
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Not Sharing Company Information With Vijay Mallya Since February: UBL
Sebi restrained Vijay Mallya from holding position as director or key managerial personnel in any listed firm in February.
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Big Blow To Vijay Mallya, Court Orders Winding Up Of United Breweries Holdings
"This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors," Justice Vineet Kothari said in his order allowing petitions by banks and aircaft lessors.
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Vijay Mallya In 'Full Control' Even After Moving To UK: UB Group
UB group holding firm United Breweries Holdings Ltd has said that Vijay Mallya remains in "full control" even after relocating to the UK, and disclosed his remuneration totalling Rs 1.6 crore.
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Fresh Trouble For Mallya Over MCFL Investments In UB Group Firms
In fresh troubles for embattled businessman Vijay Mallya, a forensic audit has found possible 'irregularities and mismanagement' in advances and investments made by Mangalore Chemicals and Fertilizers to his other group companies.
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Vijay Mallya Takes Rs 1.7 Crore Pay Package From His US Brewery
Beleaguered liquor baron Vijay Mallya received a pay package of over Rs 1.7 crore last year from his US-based brewery firm that itself is struggling for funds and has been served default notices by lenders.
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Vijay Mallya's Son Sidhartha Quits As Director of UB Holdings
Liquor baron Vijay Mallya's son Sidhartha has quit as a director from the board of United Breweries (Holdings) Ltd, a firm that holds investments in companies such as United Spirits and United Breweries.
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Zuari Group May Have 3 Directors on MCFL Board
UB Group, the original promoter of Mangalore Chemicals and Fertilizers Ltd (MCFL) along with Zuari Group has successfully staved off a takeover bid by rival Deepak Fertilisers. UB Group holds nearly 22 per cent.
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Heineken Eyes Control of Kingfisher Beer Maker: Report
The Dutch brewer, the single largest shareholder in United Breweries with a 42.07 per cent stake, plans to take that holding beyond 50 per cent by buying shares from liquor baron Vijay Mallya and his group firms, the sources said.
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UB Group Plans to Up Stake in Mangalore Chemicals
Close on the heels of end of takeover battle for Mangalore Chemicals and Fertilizers Ltd (MCFL), Vijay Mallya-led UB Group plans to hike its shareholding in the fertiliser firm by acquiring shares from Zuari Group, which now holds an over 53 per cent stake.
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Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo
With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd.
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Vijay Mallya Asked to Quit United Spirits Board
Alleging fund diversion to Kingfisher and other United Breweries group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as chairman and director of the Indian liquor firm, a demand he has rejected.
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Mangalore Chemicals Surges 20% As Deepak Fertilizers Ups Open Offer Price
Currently Deepak Fertilizers hold a little over 25 per cent stake in MCF and Vijay Mallya's UB group holds around 22 per cent while Zuari Agro Chemicals holds around 16 per cent stake in the company.
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Vijay Mallya to Challenge Wilful Defaulter Tag, but May Face Turbulent Days
IDBI Bank is considering declaring Mallya a "wilful defaulter", the bank's chairman MS Raghavan told Reuters yesterday. State Bank of India and Punjab National Bank are among other big lenders who have given loan to the grounded carrier, which has not flown since October 2012.
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Zuari, Deepak Fertilisers Battle it Out for Taking Control of Mangalore Chemicals
Intensifying its efforts to wrest control of Vijay Mallya's Mangalore Chemicals & Fertilizer Ltd (MCFL), Zuari group on Tuesday joined hands with the UB group and made a counter offer at a higher price than that of Deepak Fertilisers.
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Deepak Fertilisers buys Mangalore Chemical shares for Rs 6.26 cr
The shares were bought at an average price of Rs 62.50 each, according to the filing. Following the transaction, Deepak Fertilisers said its subsidiary holds 2,99,92,459 shares in MCFL and its stake increased to 25.31 per cent from 24.5 per cent.
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Not Sharing Company Information With Vijay Mallya Since February: UBL
Sebi restrained Vijay Mallya from holding position as director or key managerial personnel in any listed firm in February.
-
Big Blow To Vijay Mallya, Court Orders Winding Up Of United Breweries Holdings
"This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors," Justice Vineet Kothari said in his order allowing petitions by banks and aircaft lessors.
-
Vijay Mallya In 'Full Control' Even After Moving To UK: UB Group
UB group holding firm United Breweries Holdings Ltd has said that Vijay Mallya remains in "full control" even after relocating to the UK, and disclosed his remuneration totalling Rs 1.6 crore.
-
Fresh Trouble For Mallya Over MCFL Investments In UB Group Firms
In fresh troubles for embattled businessman Vijay Mallya, a forensic audit has found possible 'irregularities and mismanagement' in advances and investments made by Mangalore Chemicals and Fertilizers to his other group companies.
-
Vijay Mallya Takes Rs 1.7 Crore Pay Package From His US Brewery
Beleaguered liquor baron Vijay Mallya received a pay package of over Rs 1.7 crore last year from his US-based brewery firm that itself is struggling for funds and has been served default notices by lenders.
-
Vijay Mallya's Son Sidhartha Quits As Director of UB Holdings
Liquor baron Vijay Mallya's son Sidhartha has quit as a director from the board of United Breweries (Holdings) Ltd, a firm that holds investments in companies such as United Spirits and United Breweries.
-
Zuari Group May Have 3 Directors on MCFL Board
UB Group, the original promoter of Mangalore Chemicals and Fertilizers Ltd (MCFL) along with Zuari Group has successfully staved off a takeover bid by rival Deepak Fertilisers. UB Group holds nearly 22 per cent.
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Heineken Eyes Control of Kingfisher Beer Maker: Report
The Dutch brewer, the single largest shareholder in United Breweries with a 42.07 per cent stake, plans to take that holding beyond 50 per cent by buying shares from liquor baron Vijay Mallya and his group firms, the sources said.
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UB Group Plans to Up Stake in Mangalore Chemicals
Close on the heels of end of takeover battle for Mangalore Chemicals and Fertilizers Ltd (MCFL), Vijay Mallya-led UB Group plans to hike its shareholding in the fertiliser firm by acquiring shares from Zuari Group, which now holds an over 53 per cent stake.
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Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo
With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd.
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Vijay Mallya Asked to Quit United Spirits Board
Alleging fund diversion to Kingfisher and other United Breweries group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as chairman and director of the Indian liquor firm, a demand he has rejected.
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Mangalore Chemicals Surges 20% As Deepak Fertilizers Ups Open Offer Price
Currently Deepak Fertilizers hold a little over 25 per cent stake in MCF and Vijay Mallya's UB group holds around 22 per cent while Zuari Agro Chemicals holds around 16 per cent stake in the company.
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Vijay Mallya to Challenge Wilful Defaulter Tag, but May Face Turbulent Days
IDBI Bank is considering declaring Mallya a "wilful defaulter", the bank's chairman MS Raghavan told Reuters yesterday. State Bank of India and Punjab National Bank are among other big lenders who have given loan to the grounded carrier, which has not flown since October 2012.
-
Zuari, Deepak Fertilisers Battle it Out for Taking Control of Mangalore Chemicals
Intensifying its efforts to wrest control of Vijay Mallya's Mangalore Chemicals & Fertilizer Ltd (MCFL), Zuari group on Tuesday joined hands with the UB group and made a counter offer at a higher price than that of Deepak Fertilisers.
-
Deepak Fertilisers buys Mangalore Chemical shares for Rs 6.26 cr
The shares were bought at an average price of Rs 62.50 each, according to the filing. Following the transaction, Deepak Fertilisers said its subsidiary holds 2,99,92,459 shares in MCFL and its stake increased to 25.31 per cent from 24.5 per cent.
