The director, Sridhar Kalyanasundaram, who was appointed to the board in December last year, wrote a tell-all resignation letter to the board detailing his differences regarding rights issue of shares, complained of lack of support from other board members and raised concerns over their ‘lack of in depth banking knowledge’.
Cochin Shipyard shares surge 10% on FTSE index inclusion, may see $30 mn inflows
The shares have advanced by an impressive 246% over the last year, while in the past six months, the stock has surged by 110%. Year-to-date,
September 20, 2024