Mallya's confiscated shares worth â¹100cr transferred to govt
The Stock Holding Corporation of India Limited has reportedly transferred shares worth â¹100 crore of United Breweries, held directly and indirectly by Vijay Mallya, to the central government. The Enforcement Directorate has already started the process to confiscate assets of Mallya in connection with the defaulted loan of over â¹6,000 crore by Kingfisher Airlines, reports added.