India Infoline has informed that A K Purwar, non executive chairman of India Infoline Finance Limited, the NBFC arm and material subsidiary of the company, has resigned as a director with effect from June 27, 2012. Purwar continues as an independent director on the board of India Infoline Limited.
Further, the board of India Infoline Finance Limited accepted his resignation and also placed on record deep sense of appreciation for the valuable guidance provided by A. K. Purwar during his tenure as non executive chairman of the subsidiary and its growth from strength to strength and V. K. Chopra has been appointed as an additional director of India Infoline Finance Limited with effect from June 27, 2012.
The above information is a part of company's filings submitted to BSE.
