ALBERTDAVDNSEAlbert David LimitedHighNegative
Announced Sat, 30 May · 15:39 IST

Albert David Limited has informed the Exchange about Resignation of Director/KMP/SMP

Management Changes View source PDF

ALBERTDAVD · price

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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹705.00
prior close
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.2+2.2+1.7-2.8-0.7+1.4+1.9
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AI summary

Albert David Limited has announced the resignation of Mr. Chandra Bhushan Thakur from his position as Head-Operations at the Ghaziabad Plant, effective from May 29, 2026. The resignation has been tendered due to personal reasons. The company has expressed appreciation for his services and contributions during his tenure. This disclosure is made pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, and the relevant SEBI circular dated November 11, 2024. Mr. Thakur is classified as Senior Management Personnel (SMP) rather than Key Managerial Personnel (KMP) or Director.

Likely market impact

The departure of the Head-Operations at the Ghaziabad plant may create a temporary leadership gap in plant operations. However, since this is a non-KMP resignation due to personal reasons, the market impact is likely to be minimal unless the replacement process takes longer than expected.