Quant Mutual Fund's CFO resigns amid Sebi's front-running probe

Harshal Patel resigned as Quant Mutual Fund CFO, effective July 1, amid Sebi's Rs 93,000 crore front-running probe involving phone seizures and Mumbai, Hyderabad raids to trace illicit profits. Shashi Kataria replaced him as CFO, Operations Head, and Executive Director. A notice-cum-addendum informed unit holders. Scheme terms remained unchanged. Patel cited personal reasons.