5Paisa Capital Limited Announces the Resignation of Prakarsh Sharad Gagdani as Whole Time Director & Chief Business Officer, Effective December 31, 2023
October 01, 2023 at 07:10 am
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5paisa Capital Limited announced that at the board meeting held on October 01, 2023, the company approved the resignation of Mr. Prakarsh Sharad Gagdani as WholeTime Director ("WTD") & Chief Business Officer ("CBO") of the Company with effect from the close of business hours of December 31, 2023.
Consequently, he shall also cease to be Member of the Risk Management Committee, Stakeholder
Relationship Committee, Corporate Social Responsibility Committee & Finance Committee of the
Company. The Board of Directors of the Company noted his communication and appreciates the
services rendered by him during his tenure.
5paisa Capital Limited is an India-based technology-driven financial service company having mainly an online presence. The Company's business is to provide broking services to its clients in the capital markets in India and all other activities are ancillary to the main business. The Company provides financial products through online platforms and mobile applications. Its customer base mainly comprises retail investors, traders who deal in the securities market and seek do-it-yourself (DIY) services. Its product offering includes broking, mutual funds, wealth management, research products, insurance, Algo Trading, commodities, learning platform (Finschool) and community (Stocky5). Through its Internet terminals and mobile applications, the Company provides its clients with access to its online technology platform for trading in securities and commodities on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Multi Commodity Exchange of India Limited (MCX).
5Paisa Capital Limited Announces the Resignation of Prakarsh Sharad Gagdani as Whole Time Director & Chief Business Officer, Effective December 31, 2023