SKS Microfinance Says Vikram Akula No Longer its Promoter

SKS Microfinance on Friday said it will cease to treat a few entities, including Vikram Akula and Sequoia Capital India Growth Investments, as its promoters. Mauritius Unitus Corporation and Mutual Benefit Trusts are the other entities that have been removed from the promoters list. SKS Microfinance in a filing to the BSE said "taking cognisance of their (entities) requests and instructions, the company shall cease to treat t...