The group which has been approved by the International Boxing Association (AIBA) to be a provisional representative of India till a new federation takes charge is an amalgamation of corporates and long-serving officials with two prominent sponsors of the sport taking the administrative plunge.
The CMD of long-time Indian boxing sponsor Monnet Ispat limited, Sandeep Jajodia, and owner of India's World Series of Boxing franchise, Udit Sheth are part of the consortium which has got the AIBA's nod for provisional representation.
"A presentation was made to the AIBA Executive Committee on BOXING INDIA : BOUT OUTSIDE THE RING led by Sandeep Jajodia, Udit Sheth, WSB India Franchise rights holder and supported by Mr Jay Kowli, President, Maharashtra Boxing Association, International R&J at 2012 Olympics, Secretary, AIBA Youth Commission duly supported by a team of Indian boxing enthusiasts and achievers who have contributed towards Boxing," it said.