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IIFL shares have seen a twofold rise to touch a 52-week high of Rs 121 on May 23 after hitting a low of Rs 40 seen in January 2013. Aniruddha Dange and Vasudev Jagannath were the other two CLSA officials who joined IIFL, along with Parajia and Nemkumar. In 2007, the quartet were offered Rs 11 crore as a sign-on bonus, apart from 90 lakh preferential equity warrants at Rs 440 per share. But, in 2008, they surrendered the warrants and replaced them with stock options after stock price crashed in 2008, making it unviable to convert the warrants.

Mr Aniruddha Dange Head of Research, Institutional Equities

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"This application will revolutionise stock trading. It empowers a small investor with powerful tools and brings him at par with information and service that is otherwise available only to large investors. As a technology innovator, we have empowered customers with the best technology offering through our previous innovations in web and trader terminal," said IIFL Group's Chief Strategy Officer Mr. Aniruddha Dange .

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The promoters and top executives of India Infoline have surrendered their convertible warrants which were issued to them last year. Besides the promoters, the others who were allotted the warrants include Bharat Parajia, H Nemkumar, Aniruddha Dange and Vasudev Jagannath, the quartet who were roped in from CLSA with a cumulative sign-on bonus of Rs 44 crore.

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Bharat Parajia, head of sales CLSA Singapore, H Nemkumar, country head CLSA India, Vasudev Jagannath, head of sales CLSA India and Aniruddha Dange, head of research, CLSA India have resigned from their present responsibilities and would be joining India Infoline soon, said a company official.“The app is lightening fast and provides real time access to stock prices and instant execution of trades. This application will revolutionise stock trading. It empowers a small investor with powerful tools and brings him at par with large investors. As a technology innovator, we have empowered customers with the best technology offering through our previous innovations in web and trader terminal. This application has been a hit from the beginning and we believe, it will benefit the customers and prospective customers immensely,” IIFL Group’s Chief Strategy Officer Mr Aniruddha Dange said.While many downloads were expected from metros, it were the non-metro regions which saw most of the downloads, encouraging the company even more says Aniruddha Dange, Chief Strategy Officer of IIFL.
Aniruddha Dange speaks on India Inc Q1 results 07 Aug 2009, 12:37PM IST

There are areas where bubbles exist today: Aniruddha Dange

For all you market enthusiasts , India Infoline has launched a free mobile app for stock market information and trading. - IIFL Markets. Aniruddha Dange ,Chief Strategy Officer of IIFL Group joins in to talk about that

Market expert Aniruddha Dange advice on stock, mutual funds, commodities and more

Magazine - There are areas where bubbles exist today: Aniruddha Dange

5.81 The reason for the sale of Digital was that the stock was downgraded to a 'SELL' recommendation by CLSA Emerging Markets' research analyst M/s Aniruddha Dange and Bhavtosh Vajpayee vide their report published on May 8, 2003. CLSA Emerging Markets was voted as India's No. 1 FII broker. Shri Dange was voted as India's top equity analyst by Asiamoney, and his downgrade carries immense credibility in the market. In fact, SEBI's belief that there was nothing adverse about Digital during the period from May 8th to May 12th to prompt selling of DGL is untenable in view of the CLSA research report itself. The reason for the continued selling after May 8, 2003 was that Shri Bhaskar Lakshminarayan, the internal analyst working with Alliance Singapore had downgraded the stock to "2" and strongly recommended reducing the position in the stock.

Aniruddha Dange | Arun Chaudhry | Motilal Oswal Securities | Pf | Others

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Bharat Parajia (ex-director of sales at CLSA in Singapore) and H Nemkumar (former country head for CLSA India) were to receive 25 lakh warrants each while Aniruddha Dange (former head of research at CLSA India) and Vasudev Jagannath (ex-head of sales for CLSA India) were to get 20 lakh warrants each.