Aug 28, 2013, 08.52 PM IST
As its subsidiary NSEL struggles to meet payment obligations, two more directors on Jignesh Shah-promoted Financial Technologies (India) quit today.
Like this story, share it with millions of investors on M3
Two more Financial Technologies' directors resign
As its subsidiary NSEL struggles to meet payment obligations, two more directors on Jignesh Shah-promoted Financial Technologies (India) quit today.
Like this story, share it with millions of investors on M3
Two more Financial Technologies' directors resign
As its subsidiary NSEL struggles to meet payment obligations, two more directors on Jignesh Shah-promoted Financial Technologies (India) quit today.
Financial Technologies (India) Ltd (FTIL), in a BSE filing, said: "C M Maniar and N Balasubramanian, Directors of the company, have resigned from the Board and thus ceases to be the Directors of the company."
Also read: Will honour all promises; ready for any probe: NSEL's Shah
After the latest round of resignations, FTIL board now comprises Chairman and Group CEO Jignesh Shah, Whole time Directors Dewang Neralla and Manjay Shah and Directors Chandrakant Kamdar and Ravi K Sheth.
The development also comes close on the heels of two other FTIL directors R Devarajan and PR Barpande resigning from the board last week.
The resignations of Maniar and Balasubramanian came amid payment crisis to the tune of Rs 5,600 crore in FTIL-promoted National Spot Exchange Ltd (NSEL).
Yesterday, NSEL defaulted on its payment to investors for the second consecutive week, paying just 7 percent of the promised Rs 174.72 crore weekly amount to investors.
The beleaguered bourse had said its main promoter Jignesh Shah-led FTIL will provide a loan of over Rs 177 crore, which will be utilised to pay the dues of small investors.
FTIL shares today rose by 6.8 percent to settle at Rs 141.45 apiece from its previous close at BSE.
Anda sedang membaca artikel tentang
Two more Financial Technologies' directors resign
Dengan url
http://gayafashionshow.blogspot.com/2013/08/two-more-financial-technologies.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Two more Financial Technologies' directors resign
namun jangan lupa untuk meletakkan link
Two more Financial Technologies' directors resign
sebagai sumbernya
0 komentar:
Posting Komentar