Jaypee Infratech's CFO resigns

New Delhi: The chief financial officer of Jaypee Infratech, Pramod Kumar Aggarwal, has resigned with effect from Friday.

At the end of April, Jaypee Infratech had informed that Aggarwal had resigned as CFO subject to approval of the Resolution Plan of state-run NBCC by the National Company Law Tribunal (NCLT) to help in the process of appointment of the new CFO.

The Interim Monitoring Committee (IMC), formed on the instructions of National Company Law Appellate Tribunal (NCLAT), had requested Aggarwal to continue till the end of July 2020 for a smooth transition.

Jaypee Infratech said in a BSE filing: "In this connection, this is to inform that resignation of Pramod Kumar Aggarwal, Chief Financial Officer (CFO) of the Company, has been accepted by Interim Monitoring Committee with effect from the close of working hours on 31st July, 2020,".

 

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