Mumbai, April 13, 2005 :DSP Merrill Lynch Limited today said Ravi Kapoor, head of Equity Origination & Capital Markets, DSP Merrill Lynch Limited has left the firm. Sanjay Sharma, head of Corporate Finance, DSP Merrill Lynch Limited, is taking over as head of Equity Origination and Capital Markets with immediate effect.

Sanjay has been with the company for over 11 years during which he has worked on several marquee transactions and has held important positions within the firm.