Zomato's Deputy CFO Nitin Savara tenders resignation; stock adds ~1.5%

1 Sep 2022 , 09:34 AM

Zomato informed the exchanges and investors that Nitin Savara, Deputy CFO of the Company tendered his resignation on August 31, 2022.

The submission highlighted that Nitin is leaving the company to start something on his own.

Nitin has not held the KMP position in the company.

Savara was associated with the company for a very short stint. He joined the company in December 2021.

Nitin is a Chartered Accountant and a lawyer with over 20 years of experience. He specializes in transaction tax and structuring.

At around 9.37 AM, Zomato was trading at Rs58.80 up by 1.38% from its previous closing of Rs58 on the BSE. The scrip opened at Rs58.20 and has touched intraday high and low of Rs59.25 and Rs58.05 respectively.

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