Kalindee Rail Nirman (Engineers) announced on Thursday that Pramod Jain has resigned from the directorship of the company.
The company has also declared quarterly results today. It reported a loss of Rs 12.85 million compared with a profit of Rs 0.27 million in the same quarter previous year. Net sales for the quarter declined 2.36% to Rs 628.22 million when compared with the prior year period. Shares of the company declined Rs 1.05, or 1.91%, to settle at Rs 53.80. The total volume of shares traded was 13,998 at the BSE (Thursday).