Neeraj Basur resigns as Group Chief Financial Officer and KMP at Blue Star

14 Mar 2022 , 01:59 PM

Blue Star Ltd has informed that Neeraj Basur has tendered his resignation on March 9, 2022 from the position of Group Chief Financial Officer and Key Managerial Personnel of the Company to pursue his professional aspirations beyond the air conditioning and commercial refrigeration industry.

Neeraj Basur will serve his notice period and will continue in his current role of Group Chief Financial Officer and Key Managerial Personnel until he is relieved on or before May 31, 2022.

As per regulatory  filing, the resignation of Neeraj Basur has been accepted by the Board of Directors through a circular resolution dated March 10, 2022.

The Company places on record its deep sense of appreciation towards Mr Neeraj Basu r’s valuable contribution over the past 8 years.

At around 2:02 PM, Blue Star was trading at Rs985.55 apiece up by Rs2.9 or 0.3% on Sensex.