{"id":436222,"date":"2021-09-16T08:24:06","date_gmt":"2021-09-16T02:54:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436222"},"modified":"2021-09-16T08:36:58","modified_gmt":"2021-09-16T03:06:58","slug":"srei-infra-ceo-rakesh-bhutoria-steps-down-on-salary-issue-company-filing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/srei-infra-ceo-rakesh-bhutoria-steps-down-on-salary-issue-company-filing\/","title":{"rendered":"Srei Infra CEO Rakesh Bhutoria steps down on salary issue: Company filing"},"content":{"rendered":"<p>Srei Infrastructure Finance (Srei) on Wednesday said its chief executive officer (CEO) Rakesh Kumar Bhutoria has resigned, mainly on account of the salary payment issue that has impacted team morale.<\/p>\n<p>&#8220;We wish to inform you that Rakesh Kumar Bhutoria has stepped down from the position of the Chief Executive Officer of the company to explore alternative sectors,&#8221; Srei Infra said in a regulatory filing. <\/p>\n<p>Considering the salary payment issues arising out of the Trust and Retention Account (TRA) operationalised by the bankers, it has been impacting team morale, it added.<\/p>\n<p>&#8220;Bhutoria has been relieved with effect from close of working hours on 15th September, 2021. We will shortly be announcing a replacement for the said position,&#8221; it said further. He had joined Srei Infra in November 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Srei Infrastructure Finance (Srei) on Wednesday said its chief executive officer (CEO) Rakesh Kumar Bhutoria has resigned, mainly on account of the salary payment issue that has impacted team morale. &#8220;We wish to inform you that Rakesh Kumar Bhutoria has stepped down from the position of the Chief Executive Officer of the company to explore alternative sectors,&#8221; Srei Infra said in a regulatory filing. Considering the salary payment issues arising out of the Trust and Retention Account (TRA) operationalised by the bankers, it has been impacting team morale, it added. &#8220;Bhutoria has been relieved with effect from close of working [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-436222","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=436222"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436222\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}