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Last Updated : May 02, 2019 12:23 PM IST | Source:

JBF Industries declines nearly 5% on CEO, CFO resignation

Arun B Shah resigned as CEO and CFO of the company w.e.f. May 01, 2019.

  • bselive
  • nselive
Todays L/H

Shares of JBF Industries declined nearly 5 percent intraday Thursday after company's chief executive officer and chief finance officer tendered his resignation.

Arun B Shah resigned as CEO and CFO of the company w.e.f. May 01, 2019.

The company is under process of appointing CEO and CFO and will be appointed as early as possible, company said in BSE release.


At 12:05 hrs JBF Industries was quoting at Rs 20.80, down Rs 0.90, or 4.15 percent on the BSE.


The share touched its 52-week high Rs 105.90 and 52-week low Rs 12.65 on 02 May, 2018 and 12 February, 2019, respectively.

Currently, it is trading 80.36 percent below its 52-week high and 64.43 percent above its 52-week low.

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First Published on May 2, 2019 12:21 pm
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