Mumbai: Mumbai-based mid-tier software services exporter 3i Infotech Ltd has informed the BSE that N.S. Venkatesh has resigned as a nominee director on the board of directors, effective September.

It said Venkatesh’s resignation was a result of the withdrawal of his nomination by IDBI Bank Ltd.

The announcement was made after market hours.

On Tuesday, shares of 3i Infotech closed up 1.26% at Rs8.85 apiece, while the benchmark BSE ended trade up 0.57% at 27,019.39 points.