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Srestha Finvest CFO resigns; replacement named

India's Srestha Finvest Ltd. said Navitha Jain stepped down as CFO and was redesignated a nonexecutive director to its board.

The company appointed Kamlesh Parasmal to take over as CFO, with effect from March 9, according to a same-day release.

In addition, Sonal B, an independent director of the company, has died.