Wall Street Finance today said Sudip Bandyopadhyay has resigned from the board of the company, a week after Reliance Money exited the financial services firm by selling its entire stake.

In a filing to the Bombay Stock Exchange Wall Street Finance said Bandyopadhyay's resignation is effective from September 2.

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Further, Rajnikant Patel has also ceased to be a director of the company with effect from August 26, the filing added.

Last week, Anil Ambani group firm Reliance Money had exited Wall Street Finance through sale of its entire 36.8 per cent stake in the company for over Rs 22 crore.

Meanwhile, BK Modi-led Spice Investments said it has acquired a 51 per cent stake in Wall Street Finance and further made an open offer for an additional 20 per cent.

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