Published On: Tue, Feb 14th, 2012

P Kishore resigns from Everonn Education

EduShine Academic Search

Education services company Everonn has announced that its board has accepted the resignation of its Managing Director P Kishore.

The Chennai based company, in a filing to the BSE, said, “the Board of Directors at its meeting considered and approved the resignation of P Kishore as Managing Director and Director from the Board”.

Kishore was arrested last year, for allegedly giving Rs 50 lakh as bribe to Income Tax commissioner Andasu Ravindar to conceal Rs 60 crore of taxable income out of Rs 116 crore detected by CBI officials. Besides Kishore, the CBI had arrested Ravindar and another person.

After the arrest of Kishore, the company’s Non-Executive Chairman Jamshed J Irani resigned from the post and elevated its whole-time Director Susha John as the Chief Executive Officer.