DB Realty Group Director N Shridhar resigns

Mumbai: The city-based troubled realty firm DB Realty today said its Group Director N Shridhar has resigned from the company citing health and personal reasons.

“N Shridhar, Group Director, has resigned from the services of the company with effect from 24 April for health and family reasons,” DB Realty said in a filing to the BSE.

Shridhar was appointed Group Director (Strategy and Finance) in November 2010.

DB Realty is one of the firms linked to the multi- crore 2G spectrum scam. The company has seen resignations of several of its directors and independent directors ever since the scandal broke out.

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Shahzaad Dalal and Sundaram Rajagopal, Additional Directors, resigned from the board between February and March 2011.

Michael McCook, Chandan Bhattacharya and Karunchandra Srivastava, all independent directors, quit the company early last year.

PTI