KJMC Corporate Advisors (India) has informed that pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), Rameshchandra Jain (DIN: 00960613), Non-Executive Independent Director of the Company has resigned from the Board of Directors of the Company with effect from March 12, 2020 due to disqualification incurred by him under Section 164(2) of the Companies Act, 2013. The Board of Directors of the Company appreciates his valuable contribution and support during his term as a Non-Executive Independent Director of the Company. Further, as per the requirement of Regulation 30 read with Schedule lll, Part A, Para A, Clause (7B) of SEBI LODR, enclosed are the detailed reasons for the resignation of Rameshchandra Jain (DlN: 00960613) and a confirmation from him regarding there being no material reasons other than those mentioned by him for his resignation as the independent Director from the Board of Directors of the Company.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Motilal Oswal Fin | 790.80 |
| Angel One | 321.00 |
| IIFL Capital Service | 319.65 |
| Nuvama Wealth | 1375.50 |
| Share India Sec. | 148.80 |
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