Considering the growth of the businesses of the Company and accordingly to strengthen the Board of Indostar Capital Finance Ltd with an additional executive director, the board at its meeting held today i.e. Wednesday, 26 June 2019 approved the appointment of Mr. Shailesh Shirali (DIN: 06525626), as the Whole-Time Director of the Company for a period of five (5) years with effect from 26 June 2019, subject to approval by shareholders of the Company at the ensuing Annual General Meeting.
Mr. Shailesh Shirali is a qualified Chartered Accountant and holds a Bachelor of Commerce degree from Mumbai University. Mr. Shirali has been associated with Capital First Limited (formerly known as Future Capital Holdings Limited) as CEO - Corporate Lending, DSP Merrill Lynch Capital Limited as MD - Global Structured Finance & Investments, Rabo India Finance as ED - Head Structured Finance, Leveraged Finance, Infrastructure 8'. Telecom and ICICI Limited as SVP - Credit Risk & Structured Finance. Currently Mr. Shirali is associated with the Company as MD, Head - Corporate Lending and Markets.
Shares of Indostar Capital Finance Ltd was last trading in BSE at Rs.365.4 as compared to the previous close of Rs. 364. The total number of shares traded during the day was 652 in over 87 trades.
The stock hit an intraday high of Rs. 365.5 and intraday low of 360.15. The net turnover during the day was Rs. 236436.