Abhay Bhutada resigns from the post of Managing Director of Poonawalla Fincorp
Besides the primary accused Bhutada, the market regulator has banned Saumil Shah, Surabhi Kishore Shah, Amit Agrawal, Murlidhar Bagranglal Agrawal, Rakesh Rajendra Bhojgadhiya, Rakesh Rajendra Bhojgadhiya HUF, and Abhijit Pawar to involve in any market activities.