Mallya quits as Chairman of Bayer CropScience

Vijay Mallya has quit as Chairman of Bayer CropScience Ltd., promoted by Bayer AG. He has also resigned his position as director of the company. The company has since accepted his resignation.

Mr. Mallya was appointed Chairman of the Board in March 2004. Bayer CropScience will appoint a new Chairman at the next meeting of its board of directors, says a release.