Mangalore Chemicals

Endgame for Mallya: His exit from Kingfisher, MCFL brings fizz to UB stocks

In an irony of sorts, self-proclaimed 'King of Good Times' Vijay Mallya on Tuesday saw shares of hisvarious group companies soar higher even as fresh troubles surfaced in form of the group's holding entity being slapped with yet another 'wilful defaulter' tag.<br />

Crash and burn: Game over for Mallya as he loses top posts at Kingfisher, MCFL

In a double-whammy for flamboyant businessman Vijay Mallya, the government has annulled his re-appointment as Managing Director of Kingfisher Airlines while he also had to quit from board of another group company MCFL.<br />

After losing United Breweries, it's game over for Mallya after resigning as chairman of Mangalore Chemicals

The backdrop of recent events at United Spirits, in which Mallya has managed to stay on as chairman even as Diageo has acquired management control, may serve as a precursor to what may lie ahead for MCF.<br />

He's gone: Vijay Mallya quits as Mangalore Chemicals director, stock climbs 15%

After a protracted battle for control of the company, Mangalore Chemicals & Fertilizers Ltd today said that Vijay Mallya had resigned from the board of directors of the company with immediate effect.<br />

CCI clears Zuari's plan to up stake in Mallya's Mangalore Chemicals by 26%

Zuari entities' Rs 211-crore offer for 26 per cent stake in MCFL is supported by the existing promoters and would be "a competing open offer" to Deepak Fertilizers' offer. <br />