The Board of Directors of IDFC Limited has approved the resignation of Mr. Ketan Kulkarni as the Company Secretary & Compliance Officer of the Company w.e.f. January 31, 2018.
The Board also approved the appointment of Mr. Amol Ranade as the Company Secretary & Compliance Officer of the Company w.e.f. February 1, 2018.
Mr. Amol Ranade is a Member of the Institute of Company Secretaries of India having Membership No. A19837. He joined IDFC Group in September, 2007 as a Company Secretary of IDFC Securities Limited, when IDFC bought equity stake in SSKI Securities Limited. Thereafter in April, 2011, he was elevated to Secretarial Department of IDFC Limited where he was made responsible for Secretarial work of various other subsidiaries of IDFC Limited. He has been a very important member of the Secretarial Team and had played important role in various projects such as public issuance of Infrastructure Bonds under Section 80CCF of Income Tax Act; QIP issuances; restructuring of various subsidiary companies for re-organization / simplification of IDFC Group Structure. Since April 2016, he has been appointed as a Company Secretary of IDFC Infrastructure Finance Limited, which is an NBFC under the Category of IDF.
Prior to joining IDFC Group, he has worked with Gammon India Limited and Aftek Limited.
Shares of IDFC LIMITED was last trading in BSE at Rs.56.75 as compared to the previous close of Rs. 55.5. The total number of shares traded during the day was 568904 in over 1947 trades.
The stock hit an intraday high of Rs. 57.2 and intraday low of 54.95. The net turnover during the day was Rs. 32022652.