Vijay Amritraj quits Kingfisher board

March 14, 2012 11:22 pm | Updated July 19, 2016 10:23 pm IST - MUMBAI:

Vijay Amritaraj, former tennis player and Rolex Ambassador with French tennis player Fabrice Santoro, at a promotional event, at the Helvetica Rolex Corner in Chennai on Wednesday (January 3,2007).
Photo : Bijoy Ghosh
Stand alone photo

Vijay Amritaraj, former tennis player and Rolex Ambassador with French tennis player Fabrice Santoro, at a promotional event, at the Helvetica Rolex Corner in Chennai on Wednesday (January 3,2007). Photo : Bijoy Ghosh Stand alone photo

Vijay Amritraj, former tennis star and sports commentator, on Wednesday quit the board of struggling carrier Kingfisher Airlines (KFA), becoming the third independent director to leave the company this fiscal.

Mr. Amritraj, whose resignation leaves the KFA board with just one independent director, is quitting the board as increase in “travel schedule and commitments would prevent him from attending any board meetings in 2012-13,” the airline said.

“His (Amritraj's) resignation has been accepted with effect from March 14,” KFA said in a filing to the BSE.

The annual report for 2010-11 showed Mr. Amritraj attending just one board meeting of the seven held during the year.

With this development, the company would be left with just four board members, including one independent director — Anil Kumar Ganguly.

According to the report, the company had seven directors on board as on September 5, 2011. And, on the same day, another board member, Diwan Arun Nanda, had quit citing personal reasons.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.