BSELongview Tea Company LtdMediumNeutral
Announced Mon, 15 Sept · 16:47 IST

Announcement for appointment and resignation of Directors

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Longview Tea Company has informed the stock exchange about changes to its Board of Directors. Mr. Ashu Bajaj, a Non-Executive Independent Director, has resigned citing ill health and recent medical concerns, with his resignation effective from October 1, 2025. To fill the vacancy, the Board has appointed Mr. Kuldeep Singh Rathore as an Additional Non-Executive Independent Director with effect from September 15, 2025, for a three-year term until September 14, 2028, subject to shareholder approval. Mr. Rathore brings over 20 years of experience in business management and administration. Neither director is related to any other director on the Board.

Likely market impact

This is a routine board-level reshuffle with one independent director replacing another. No material impact on business operations or shareholder value is expected, as the change is driven by health reasons and a like-for-like independent director appointment.