NSEL appoints new independent directors
National Spot Exchange Ltd. (NSEL), which is in the midst of a Rs5,574.35 crore payment crisis, on Wednesday named five new independent directors—Uttam Prakash Agarwal, Amarendra Sahoo, Niraj Gupta, Subramanya Kusnur, and Varghese Jacob—and Ashok Nag as a non-executive director. The board of NSEL, which is promoted by Financial Technologies (India) Ltd. (FTIL), on 19 August sacked its key management team headed by Anjani Sinha after the settlement crisis. NSEL had on 17 September appointed Saji Cherian as its managing director and chief executive officer.
National Spot Exchange Ltd. (NSEL), which is in the midst of a Rs5,574.35 crore payment crisis, on Wednesday named five new independent directors—Uttam Prakash Agarwal, Amarendra Sahoo, Niraj Gupta, Subramanya Kusnur, and Varghese Jacob—and Ashok Nag as a non-executive director. The board of NSEL, which is promoted by Financial Technologies (India) Ltd. (FTIL), on 19 August sacked its key management team headed by Anjani Sinha after the settlement crisis. NSEL had on 17 September appointed Saji Cherian as its managing director and chief executive officer.
Read the Live Mint news report here.
