Mr. Sanjay Nayar (DIN:00002615), Non-Executive Director of the Company and a nominee of Zend Mauritius VC Investments, Limited (Zend) has resigned from his office as a Director from the Board of Directors of Magma Fincorp Ltd with effect from 19 April 2018. The above resignation was consequent upon termination of the Investment Agreement with Zend.
Shares of MAGMA FINCORP LTD. was last trading in BSE at Rs.169.35 as compared to the previous close of Rs. 169.1. The total number of shares traded during the day was 14426 in over 246 trades.
The stock hit an intraday high of Rs. 171.9 and intraday low of 167.4. The net turnover during the day was Rs. 2445702.