Geojit announces appointment of Mr. Rajan K Medhekar to the Board

Geojit Financial Services Ltd recently announced the appointment of Mr. Rajan K Medhekar as Additional Director (Independent) to the Company's Board of Directors. A 1975-batch Indian Police Service (IPS) officer for 37 years, he served with distinction several important and sensitive assignments both in his cadre with the Kerala State Police, Government of Kerala and on a deputation with the Government of India. He concluded his career in the IPS as the Director-General of the elite National Security Guard (NSG), India's premier Federal Contingency Special Force for Counter-Terrorism and Anti-Hijack operations.

After retiring, Mr. Medhekar is serving as security consultant to both the government and private sector. He is currently the Director-General of the International Institute of Security and Safety Management (IISSM), New Delhi.

Mr. Medhekar has been awarded both the President's Police Medal for Distinguished Service & the Indian Police Medal for Meritorious Service. He is a graduate of the Birla Institute of Technology and Science (BITS), Pilani, and a postgraduate in Solid State Physics from Bombay University.

Commenting on the appointment of Mr. Medhekar to the Board, Mr C J George, Founder and Managing Director of Geojit said, "We are delighted to welcome Mr. Rajan K Medhekar to the Board of Geojit. He brings with him rich experience and immense knowledge to the Board and we look forward to his valuable contribution to the benefit of the company."

Shares of Geojit Financial Services Ltd was last trading in BSE at Rs.53 as compared to the previous close of Rs. 53. The total number of shares traded during the day was 32982 in over 388 trades.

The stock hit an intraday high of Rs. 54 and intraday low of 52.8. The net turnover during the day was Rs. 1753324.

Source : Equity Bulls

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