CG Power, hit by fraud, fires chairman Gautam Thapar
Thapar denied allegations of misappropriating funds of the power equipment maker, which is part of Avantha.With lenders invoking pledged shares, Thapar’s Avantha Group has a negligible stake in CG Power as on 30 June
Name: Gautam Thapar
Continent: Asia
Country: India
Company: CG Power and Industrial Solutions Limited
Position: Chairman
Reason: Fired
Announcement Date: August 29, 2019, 10:00pm