Indiabulls Retail Services today said Sameer Gehlaut has resigned as Director of the company.
"Sameer Gehlaut has resigned from the office of Director, with effect from August 22, 2008," Indiabulls Retail Services said in a filing to the Bombay Stock Exchange.
Founded in 2007, Indiabulls Retail operates nine lifestyle stores under Indiabulls Megastore, 36 super mart stores under Indiabulls Mart and upcoming cash and carry stores under Indiabulls Wholesale.
Shares of the company were trading at Rs 75.40, up 0.80 per cent on the BSE in afternoon trade.
