MUMBAI: Rediff.com India Ltd has announced the appointment of Rashesh C. Shah as
an independent director to its Board. Shah has also been appointed as a member
of the Audit Committee.
Shah is currently CEO of Edelweiss Capital Limited. He also serves on the
Boards of several Edelweiss subsidiaries and other companies. Edelweiss Capital
is a leading financial services company based in Mumbai, India, whose businesses
include investment banking, securities broking and investment management.
Ajit Balakrishnan, chairman of the Board at Rediff.com said, "He (Shah)
joins us with extensive experience and strong financial skills generated from
his career in the financial services industry. His expertise will be of great
benefit to the Board."
Shah is an MBA graduate from the Indian Institute of Management, Ahmedabad,
and holds a Bachelor's degree in Science from the University of Bombay. He is
also a Diploma holder in International Trade from the Indian Institute of
Foreign Trade, New Delhi.
Before joining Edelweiss Shah worked as head of Securities with Prime
Securities Limited.
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