Albert David Limited has informed the Exchange regarding Cessation of Thakkar Rushabh Kishorbhai as International Business Leader of the company w.e.f. March 27, 2026.
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Albert David Limited has informed the stock exchanges that Mr. Thakkar Rushabh Kishorbhai, the International Business Leader of the company, has resigned from his position citing a better job opportunity. His notice period ends on March 27, 2026, making the cessation effective from the close of business hours on that date. The company has recorded its appreciation for his services and contributions during his tenure. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, treating this as a Senior Managerial Personnel change.
This is a routine senior-level exit at the operational/business leadership level and is not a CEO or CFO departure, so the direct impact on stock price or shareholder sentiment is likely limited. Investors may want to watch for any further disclosures about succession planning for the international business function.