Sanjay Kapoor, the Chairman of Indian handset maker Micromax, has quit the company.

He had joined Micromax in June last after the company hit the $1-billion revenue mark.

The company said in a statement, “Sanjay Kapoor has decided to move on. Appropriate announcements will be made in due course. We would like to thank him for his contribution and wish him luck for his future endeavour.”

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