DHFL's Joint MD, CEO Harshil Mehta resigns

DHFL's Joint MD, CEO Harshil Mehta resigns

Published
Hot News
1 min read
Beleaguered housing finance company (DHFL)
Mumbai, Feb 14 (IANS) Beleaguered housing finance company DHFL's Joint Managing Director and CEO Harshil Mehta resigned on Wednesday with immediate effect.
"However, he would continue to be associated with the company and shall hold the designation of Executive President-Retail Business with effect from February 14, 2019," the company said in a BSE filing.
The company said that owing to full-time engagement with other assignments within the company, Harshil Mehta has expressed his desire to resign from the position of Whole Time Director from the Board of Directors of the Company with immediate effect.
DHFL said that the Board of Directors of the company accepted Mehta's resignation from the Board with effect from February 13, 2019.
DHFL also informed of Sunjoy Joshi's appointment as an Independent Director and Srinath Sridharan as a Non-Executive Director of the company.
However, it remains subject to receipt of requisite approvals from the regulatory authorities, the company added.
--IANS
ravi-rv/pgh/

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!