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It’s beginning to look a lot like the end of the Vijay Mallya era. The lifetime chairman of Kingfisher could be getting fired by the Board. In this episode of news explained, we are going to break down how Mallya might get ousted from power from the company he founded. Heineken owns nearly 62 per cent of Kingfisher and United Breweries. In an annual general meeting set to happen on July 29, the board will discuss nixing a crucial provision regarding the rights and privileges of Mallya as chairman and it will also consider firing another prominent executive and close associate of Mallya, AK Ravi Nedungadi.
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