FINTECH firm BharatPe’s Managing Director Ashneer Grover has resigned minutes after receiving an upcoming board meeting agenda, which included consideration of action against him based on the report submitted by advisory firm PwC. “Ashneer Grover resigned as Managing Director and from the Board Director of BharatPe minutes after receiving the agenda for an upcoming Board meeting that included submission of the PWC report regarding his conduct and considering actions based on it. The Board reserves the right to take action based on the report’s findings,” Bharatpe said in a statement. The board meeting is scheduled to be held on Tuesday to discuss the PwC report findings on Grover’s conduct.

 

There have been allegations of financial irregularities against him. According to sources, Grover in his resignation letter said that he is being forced to bid adieu to a company of which he is a founder. Grover alleged in the letter that he and his family have been embroiled in baseless and targeted attacks by a few individuals, who are ready to not only harm his reputation, but also the reputation of the company.