Shantanu Yeshwant Nalavadi was earlier nominated by Vistra ITCL (India) acting as Debenture Trustee with respect to non-convertible debentures issued to India Resurgence Fund-Scheme 1, India Resurgence Fund-Scheme 2 and Piramal Enterprises which have been fully redeemed on 03 March 2022.
The said resignation has become effective from 10 March 2022.