Can Fin Homes to let Kousgi go Oct 20, may ask headhunter to find successor

Stock under pressure for third day on the trot, sheds 2.34% to close at Rs 552.15 a share on BSE on Wednesday

Can Fin Homes Ltd will relieve its managing director and chief executive officer (MD & CEO) Girish Kousgi on October 20, 2022 after he had conveyed his decision on Monday to resign citing personal reasons.

Meanwhile, the firm's stock remained under pressure for the third day in a row after the company announced his resignation, closing 2.34 per cent lower at Rs 552.15 a share on the BSE. The share had tumbled 4.1 per cent on Tuesday and 7.25 per cent on Monday.

The Bengaluru-based mortgage lender said in filing with BSE that Kousgi would be relieved on October 20