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ABFRL Managing Director, CFO step down

Press Trust of India  |  New Delhi 

Aditya Fashion and Retail Ltd today said its Pranab and Chief Financial Officer have resigned.

"Pranab will step down from the position of the of the company, with effect from the closing hours of January 31," Aditya Fashion and (ABFRL) said in a filing.

In a separate filing, it announced S Visvanathan has resigned from the post of to pursue his career outside the Group. "He will step down with effect from closing hours of February 28, 2018," it added.

Consequently, ABFRL has appointed as the and Jagdish as the of the company.

Dikshit's appointment as the Managing Director will be with effect from February 1 while Bajaj's appointment as the will be with effect from April 1.

The board has also appointed Pranab as an additional with effect from February 1, 2018, proposed to be appointed as a

Shares of Aditya Birla Fashion and were trading 1.57 per cent lower at Rs 175.90 on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 14:25 IST