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Shares of Financial Technologies (India) are trading higher by 4% to Rs 191 on the BSE after board of directors of the Company at its meeting held on 20 November 2014 approved appointment of Prashant Desai, President as MD & CEO of the Company.
Further, the Board has inducted Nisha Dutt, Sunil Shah and Miten Mehta as Non-Executive Directors and Jigish Sonagra and Rajendra Mehta as Executive Directors.
However, Manjay Shah and Dewang Neralla will exit from Board of the Company.
Jignesh Shah, its founder and former chief, will exit from the company with immediate effect.
The stock opened at Rs 191, touched a high of Rs 195 and a low of Rs 190 on the BSE. A total of 147,096 shares have changed hands on the BSE so far.
