UB Group's Prakash Mirpuri resigns

  • PTI, Mumbai
  • Updated: Sep 21, 2014 18:30 IST

UB Group vice-president for corporate communications Prakash Mirpuri has resigned after over seven years of association with the Vijay Mallya-led conglomerate, sources said.

"UB Group vice-president for corporate communications Prakash Mirpuri has put in his papers and is currently serving the notice period. He is expected to take up another assignment very soon," industry sources told PTI.

Mirpuri, who had moved to the UB Group in April 2007 had quit the company in July, but was persuaded by Mallya to stay put, sources said adding, "However, this time round, his resignation has been accepted by the management".

Confirming the development, Mirpuri said that he would be leaving the group on September 30.

"Yes, indeed. I have put in my papers at the UB Group and September 30 will be my last day here," Mirpuri told PTI in response to a text message.

Mirpuri said he would take up a new assignment soon, without divulging further details.

A text message sent to Mallya did not elicit any response.

After United Bank of India declared Kingfisher Airlines, promoter Vijay Mallya and three other directors wilful defaulters, country's largest bank SBI had recently sent a notice to tag them as "wilful defaulters". Some other banks are also in the process of doing the same.

Debt-ridden Kingfisher Airlines has contested UBI's decision to declare it as a wilful defaulter.

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