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| Exchange Disseminated Time 03/11/2016 18:27:42 | Magma Fincorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 03, 2016, have taken on record the stepping down of Mr. Atul Bansal as the Chief Financial Officer of the Company with effect from close of business hours of November 03, 2016.
Consequently Mr. Kailash Baheti presently designated as Chief Strategy Officer of the Company is appointed as the Chief
Financial Officer of the Company with effect from November 04, 2016 based on the recommendation of Nomination and
Remuneration Committee and the Audit Committee of the Company. |
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