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Den Networks extends fall after CEO resigns

The stock dipped 8% to Rs 129, extending its 6% fall in past two trading sessions on BSE

SI Reporter Mumbai
Den Networks has dipped 8% to Rs 129, extending its 6% fall in past two trading sessions on BSE, after its Chief Executive Officer (CEO), one of the founding members, resigned on September 29.

Den Networks on September 29, informed BSE that Mr. S. N. Sharma, Chief Executive Officer (CEO) of the company, has resigned due to personal reasons with immediate effect.

The stock opened at Rs 140 and hit a low of Rs 127 on NSE.  A combined 423,000 shares changed hands on the counter so far on BSE and NSE.
 

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First Published: Oct 07 2014 | 3:06 PM IST

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