Promoter-investor tussle hits Spandana Sphoorty MFI

The board of Spandana has accepted MD Padmaja G Reddy's resignation with immediate effect. It will be hiring an eminent industry veteran as its new MD & CEO, and construct a new management committee, it announced in a stock exchange filing late evening Tuesday.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YcmFRP