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Hotel Leelaventure CFO steps down

Krishna Deshika stepped down as CFO and key managerial personnel of Hotel Leelaventure Ltd., effective May 9, after serving in the role since January 2011.

Rajan Shah, who was promoted as vice president finance by the the India-based hotelier in October 2015, was appointed to take on the vacated position, with effect from May 10.

In addition, the board approved the appointment of Vijay Sharma as independent director, effective May 9, with a tenure of five years.