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Gupta wasn't a promoter, his exit doesn't warrant disclosure: Zomato
short by Hiral Goyal / on 18 Sep 2021,Saturday
Zomato said it did not inform stock exchanges about the exit of its Co-founder Gaurav Gupta as he wasn't designated as a key managerial personnel. "He was neither a promoter nor was holding any equity shares in the company. Therefore, his exit...does not warrant any disclosure under the Listing Regulations," Zomato wrote in reply to a clarification sought by BSE.
short by Hiral Goyal / 09:27 pm on 18 Sep
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