Equitas SFB Shares Fall 20% as MD & CEO Resigns Over Conflict of Interest
Equitas Small Finance Bank shares plunged 20% after MD & CEO P N Vasudevan resigned due to a perceived conflict of interest. Despite reporting a record Q2 net profit of ₹220 crore, the resignation caused a sharp stock decline. Vasudevan cited the conflict 'overhang' as negatively impacting the stock's performance.
Moneycontrol.com·




