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.