Rakesh Thapar steps down from JustDial's Board; stock jumps ~2%

2 Mar 2022 , 09:50 AM

In its regulatory filing on Wednesday, Just Dial Limited informed the exchanges and investors that its Non-executive, Non-independent Director, Shri Dinesh Thapar has demitted his office as a Director, effective from the close of business hours on February 28, 2022.

Dinesh cited other professional commitments as the reason for his resignation. He has confirmed that there is no other reason for demitting his office as Director of the Company.

Mr. Thapar has joined the organization in September 2021 with an exquisite experience of two decades. He held a variety of leadership roles covering the areas of Business Finance, Corporate Finance, and Supply Chain Operations.

On Wednesday morning trade, Justdial’s scrip opened at Rs739.80. It was last seen at Rs757.40 against its previous closing price of Rs744.95, up by Rs12.45 or 1.67%. It touched the day’s high and low of Rs762.70 and Rs735.55 respectively, so far.