Shishir Joshipura Resigns as MD of SKF India

Auto component maker SKF India today said Shishir Joshipura has submitted his resignation as the Managing Director of the company.

He has also resigned as a director of the company, SKF India said in a filing to BSE.

“The Board of Directors have accepted his resignation and consented to relieve him of his responsibilities effective close of business hours on March 31, 2018,” it added.

Shares of SKF India today closed at Rs 1,801.10 per scrip on BSE, down 2.23 per cent from its previous close.