Shailendra Singh, Managing Director of Sequoia Capital India, is no longer on the board of JustDial. The directory services company JustDial informed BSE that Singh, who was a “Non-Executive and Non-lndependent Director of the Company, has ceased to be a director of the Company with effect from June 13, 2016.” Singh was appointed as a Director of JustDial on June 21, 2012, according to the company. Sequoia Capital is one of of JustDial’s key investors. Sequoia Capital India Growth Investment Holdings I has over 29 lakh shares, 4.19% of the total shares, according to its shareholding pattern for the quarter ending March 2016. And Sequoia Capital India Investment III holds over 13 lakh shares, 1.95% of the total shares. In March, JustDial bought back around 1.06 million shares for Rs 164.53 crore, at Rs 1,550 per share. Sequoia Capital had gone…
