Ujjivan SFB down 17% after MD, CEO Nitin Chugh quits company; Ujjivan Financial Services also slip 11%
Following the resignation of Nitin Chugh from the Managing Director and Chief Executive Officer position, the shares of Ujjivan Small Finance Bank (SFB) cracked over 17 per cent and touched a new record low of Rs 20.05 per share on the BSE intraday trade on Friday.
At around 02:09 pm, the counter was trading over 16 per cent lower to Rs 20.35 per share: PTI