Lenders object to Altico CEO Sanjay Grewal’s resignation
The consortium of lenders to Altico had met on Monday to discuss the ongoing crisis in the NBFC. While there have been reports of appointment of a process adviser, bankers have told the company that such appointments cannot be made without their consent.
Name: Sanjay Grewal
Continent: Asia
Country: India
Company: Altico Capital India Ltd.
Position: CEO
Reason: Resigned
Announcement Date: September 18, 2019, 10:00pm