Nov 13 (Reuters) - Walmart (NYSE:WMT) Inc WMT.N :
* SAYS EARLIER TODAY, BINNY BANSAL ANNOUNCED HIS RESIGNATION AS CEO OF FLIPKART GROUP, EFFECTIVE IMMEDIATELY
* SAYS RESIGNATION "DECISION FOLLOWS INDEPENDENT INVESTIGATION DONE ON BEHALF OF FLIPKART AND CO INTO AN ALLEGATION OF SERIOUS PERSONAL MISCONDUCT"
* SAYS BANSAL "STRONGLY DENIES ALLEGATION"
* SAYS INVESTIGATION DID NOT FIND EVIDENCE TO CORROBORATE COMPLAINANT'S ASSERTIONS AGAINST BINNY
* SAYS GOING FORWARD, KALYAN KRISHNAMURTHY WILL CONTINUE TO BE CEO OF FLIPKART
* SAYS INVESTIGATION REVEALED "OTHER LAPSES IN JUDGEMENT", PARTICULARLY A "LACK OF TRANSPARENCY", RELATED TO HOW BANSAL "RESPONDED TO SITUATION"
* SAYS ANANTH NARAYANAN TO CONTINUE PROVIDING LEADERSHIP AS CEO OF MYNTRA AND JABONG, AND WILL REPORT INTO KALYAN - SEC FILING
* SAYS SAMEER NIGAM WILL CONTINUE LEADING PHONEPE AS CEO
* SAYS BANSAL HAS BEEN "CONTEMPLATING A TRANSITION" FOR SOME TIME, COS BEEN WORKING TOGETHER ON SUCCESSION PLAN, WHICH HAS NOW BEEN ACCELERATED