Multi-crore loan default accused Vikram Kothari dead in freak incident

Reports say Kothari sustained grievous head injuries after slipping in his bathroom. He was said to be alone in his palatial Tilak Nagar house at the time of the incident

Multi-core loan default accused and promoter of Rotomac Group 73-year-old Vikram Kothari died in a freak accident at his Kanpur residence on Tuesday morning.

According to reports, the erstwhile stationery czar sustained grievous head injuries after slipping in his bathroom and later succumbed to his injuries. He was reportedly alone at his Tilak Nagar residence at the time of the incident.

Vikram, also known as ‘India's Pen King’, was accused in a bank loan scam worth thousands of crores pertaining to Rotomac Global, which exported writing instruments overseas.

He shot to fame in the 1990s with the launch of Rotomac brand of writing