/ Network 18 Appoints New Director And CFO ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 16 January 2017

Network 18, which had held its board meeting on January 14, has appointed PMS Prasad and K R Raja as the non-executive directors of the company. The company has also appointed Ramesh Kumar Damani as CFO.

The appointments were made as Rohit Bansal and Vinay Chhajlani resigned as directors of the company; and Hariharan Mahadevan resigned as the CFO of the company.

Network 18, however, is having a bad day on the streets. The stock has lost 1.77% on an intraday basis. However, in the last one year, the stock has fallen by 27.91%. 

HDFC and Reliance Mutual Fund are the two fund houses which have invested in the stock of the company.
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