By Aditya Kalra
NEW DELHI, Aug 12 (Reuters) - Pernod Ricard's
legal head in India has resigned, said two sources with direct
knowledge of the matter, a key departure at a time when the
French liquor giant faces many legal and regulatory headaches in
the critical Indian market.
The sources, who spoke on condition of anonymity, said the
official, Bijoya Roy, will join Google in November as its top
India counsel, with the U.S. tech giant confronting several
antitrust investigations of its own.
Roy, who joined Pernod in 2021, declined to comment. Google
and Pernod did not respond to queries from Reuters.
Roy was part of Pernod India's leadership team and also led
its compliance division.
India accounts for a tenth of Pernod's group sales.
Euromonitor estimates that Pernod, the purveyor of brands such
as Chivas and Absolut, has market share of 16% by volume in the
$35-billion spirits market.
During Roy's tenure, Pernod has faced several investigations
and legal cases, including a $250-million tax demand following
accusations of undervaluation of imports, which it is
contesting.
In the capital, New Delhi, Pernod faces criminal proceedings
on accusations of gaining market share by asking city retailers
to stock more of its goods in return for helping them secure
loans to bid for store licences.
Pernod, which has denied wrongdoing, is now prohibited from
selling its liquor products in the city.
The French drinks group also faces two antitrust cases in
India, but has said it is committed to complying with domestic
law.