Adani Green Energy (AGEL) on Friday said that its director Sunil Mehta has resigned to avoid any conflict of interest following his appointment as Chairman of IndusInd Bank.
"Sunil Mehta has informed the company that pursuant to RBI approval, he has been appointed as part-time/non-executive Chairman of IndusInd Bank Ltd (bank) and that he has been advised by the bank to relinquish his directorship in the company to avoid any conflict of interest, in view of on-going credit facilities extended by the bank to the Company," a BSE filing said.
Accordingly, it stated that Mehta has resigned as non-executive and independent director of the company with effect from today i.e. February 24, 2023, as per the attached resignation letter.
Mehta has also confirmed that apart from above, there are no other reasons for his resignation, it stated.
Mehta has resigned with effect from February 24, 2023.
In his resignation, Mehta said, "I have been advised that the bank has extended credit facilitie
New study shows that Gen Z is spending way less money on videogames than older gamers
The US Air Force wants to test blowing up Cybertrucks because 'it is likely the type of vehicles used by the enemy may transition to Tesla Cyber trucks'
Steam for Chromebooks is getting axed in 2026 instead of exiting its 4-year beta
Разумная экономия и улучшенный вкус: Познакомьтесь с совершенно новым VOOPOO VMATE PRO2
Семейное приключение на «Кораблике Детского радио»
НАТО И ЕВРОСОЮЗУ МОГУТ ОТКЛЮЧИТЬ ВСЕ ВИДЫ ОРУДИЙ! ВЫСШАЯ АКАДЕМИЯ УПРАВЛЕНИЯ МИРОМ: ПРОГРАММНЫЕ ИНТЕЛЛЕКТЫ ПОМОГАЮТ! Россия, США, Европа могут улучшить отношения и здоровье общества!
Антиармянские публикации в российском научном журнале «Современная научная мысль»: расследование фонда «Гегард»
Versta.io создал ИИ-супервайзера для повышения качества клиентского сервиса
Сотрудники Коломенского отдела вневедомственной охраны Главного управления Росгвардии по Московской области задержали любителя кофе, который решил сэкономить на покупке ароматного напитка
Баста и его супруга задолжали за коммунальные услуги
Татарстан попал в топ-5 регионов по спросу на ипотеку
