The paid-up capital is Rs7.43 crore and the market-capitalisation of the company is Rs58.10 crore. The promoter shareholding is 18.17% (held by two promoters only, split equally). Zarna Solanki, a director, resigned in November 2016 and Pooja Khatuwala was appointed to replace her with immediate effect. Pooja Khatuwala resigned within two months and Ms Zarna joined again as director in January 2017. The chief executive officer, Narendrasinh Manubha Zala also resigned in January 2017. The market regulator, as usual, is sleeping.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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