Rupa shares post record 20% slide on confusion over CEO, CFO resignation - Moneycontrol

Investors of the company were spooked by the sudden resignation of the CEO Dinesh Kumar Lodha and CFO Ramesh Agarwal on May 23

Shares of undergarment maker Rupa & Co sank nearly 20 percent on May 24, the biggest one-day fall on record, following a weak earnings print for the quarter ended March and a sudden reshuffle in … [+2158 chars]

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