Announced Thu, 26 Mar · 16:40 IST

As specified in the attached Disclosure.

Management Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-7.4%1-day move
₹9.67
prior close
₹9.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.4+5.9+5.9+5.9-7.4-2.9-4.3-1.0-1.1+2.2+13.5+9.4+5.5-6.1
Up moveDown movePending
AI summary

Asian Tea & Exports Ltd announced outcomes from its board meeting held on March 26, 2026. The board appointed Mr. Kuldeepak Bansal (DIN: 05270419) as an Additional Director (Non-Executive & Independent) for a five-year term, subject to shareholder approval via postal ballot. Mr. Bansal holds an MBA with over 15 years of experience in marketing, production, finance, and corporate governance. Separately, Mr. Manish Jajodia (DIN: 02945372) resigned as Non-Executive Independent Director effective the close of business hours on March 26, 2026, citing personal reasons and confirming no material reasons behind his exit. The Nomination and Remuneration Committee was reconstituted, and a postal ballot process was approved to seek shareholder approval for the new appointment.

Likely market impact

This is a routine board refreshment — one independent director replaced by another, with no changes to management or promoter composition. Unlikely to have any meaningful impact on stock price or shareholder value.