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PVR sacks chief business development officer

Press Trust of India  |  New Delhi 

Multiplex operator today said that it has sacked its Chief Business Development Officer Vijay Kapoor on disciplinary grounds.

The company has asked Kamal Gianchandani, Chief Business Planning & Strategy, to take over Kapoor's responsibilities immediately.

"The employment of Vijay Kapoor who was employed as Chief Business Development Officer of the company has been terminated with effect from 20th April, 2017 on disciplinary grounds," said in a regulator filing.

On being asked about the reason behind such move, CFO Nitin Sood told PTI: "It was disciplinary ground which was not in accordance with his employment terms. That's the reason, he was asked to leave."

He further said: "Kamal Gianchandani who is currently PVR's Chief Business Planning & Strategy, is taking over that role and we have requested Vijay Kapoor to step down."

Kapoor was associated with group from 2008.

operates around 570 screens pan in around 50 cities.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 21:02 IST