April 04, 2019
Vijay Mallya- Bad Times -Good Times
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Some time back , I used to attend AGM s of Punjab Breweries , Ludhiana ( merged with United Breweries ).
There I used to inter act with top executives of UB Group ( though I never met Vijay Mallya ).
I recall two different aspects of Vijay Mallya 's personality
Unlocking Phenomenal Shareholder Value - Brilliance of Vijay Mallya
Punjab Breweries was merged with United Breweries , Foreign partners ( First
The other aspect of his personality -impulsiveness
. Immediately on inheriting a vast fortune , at a very young age from his father Vittal Mallya, Vijay sold the iconic Kissan and Hebertsons ( Dipy's ) to Hindustan Lever. There was a legal spat as Vijay , simultaneously ,entered in to an Agreement for sale of Kissan with Food Specialties ( Nestle ) also. Hind Lever took out a Suit For Specific Performance This was totally avoidable as were present negative developments
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