Jeh Wadia quits boards of Britannia, Bombay Burmah months after stepping down from Go Air

Updated : Aug 25, 2021 10:11
|
Editorji News Desk

In a new twist in the Wadia Grooup Saga, Jeh Wadia has quit all the listed businesses of the Wadia Group after his latest resignation from the boards of Britannia Industries and Bombay Burmah Trading Corporation.

Jeh Wadia’s departure is connected to differences with his father, Nusli Wadia, as per a Mint report.

In March, Jehangir resigned as the managing director of his family-controlled airline of Go Airlines, which has now been rebranded as Go First. He stepped down from Bombay Dyeing and Manufacturing Company as its managing director a month after.

Britannia’s latest annual report last week said Jehangir (or Jeh in media reports) did not offer himself for reappointment to the board. 

Bombay Burmah's annual report carries an identical notice that says a resolution will be brought before shareholders at its annual meeting.

BritanniaGo AirWadia Group

Recommended For You

editorji | Business

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

editorji | Business

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

editorji | Business

GST rates likely unchanged as 57th Council meeting focuses on reforms

editorji | Business

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

editorji | Business

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery