India's ICRA places CEO on leave pending inquiry

ICRA

01/07/2019 13:50

BENGALURU, July 1 (Reuters) - ICRA Ltd  ICRA.NS  has placed
Managing Director and Chief Executive Officer Naresh Takkar on
leave until further notice, the rating agency said in a stock
exchange filing on Monday.  
    Takkar has been placed on leave, after concerns raised
anonymously were forwarded to the company by India's market
regulator Securities and Exchange Board of India (SEBI).
    The company has appointed https://www.bseindia.com/xml-data/corpfiling/AttachLive/b2b4168d-216d-4842-9af2-88751c8d1702.pdf
 Chief Financial Officer Vipul Agarwal as its interim chief
operating officer.

 (Reporting By Arnab Paul in Bengaluru, Editing by Sherry
Jacob-Phillips)
 ((arnab.paul@thomsonreuters.com; +91 8067493881; Reuters
Messaging: arnab.paul.thomsonreuters.com@reuters.net))