Vijay Mallya Resigns From Chairmanship of Bayer CropScience

Bayer CropScience Ltd is the Indian subsidiary of the German pharmaceutical company Bayer AG.

1 min read
Vijay Mallya. (Photo: Reuters)
  • Beleaguered tycoon Vijaya Mallya resigned as chairman of Bayer CropScience Ltd, the Indian subsidiary of the German pharma major Bayer AG, the company said on Tuesday.

  • “We regretfully accept the voluntary resignation of Vijay Mallya as our director and chairman with effect from June 30, 2016,” Bayer CropScience said in a statement.

  • A new chairman will be appointed at its next board meeting, the statement said.

(With inputs from IANS.)

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!