Announced Tue, 5 May · 17:52 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
-0.7%1-day move
₹10.49
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.7-1.0+14.4+1.2-2.0-2.8-6.5-9.8
Up moveDown movePending
AI summary

Shareholders of Asian Tea & Exports Limited have approved through postal ballot the appointment of Mr. Kuldeepak Bansal as a Non-executive Independent Director for a 5-year term from 26th March, 2026 to 25th March, 2031. He was previously appointed as Additional Director on 26th March, 2026 and has submitted the required independence declaration under the Companies Act, 2013 and SEBI LODR. Mr. Bansal holds an MBA degree with over 15 years of experience in Marketing, Production, and Finance, including expertise in strategic planning, corporate governance, and financial oversight. He is not related to any existing Director of the Company and is not debarred from holding the office of Director.

Likely market impact

The appointment strengthens the Board's independence and governance standards. For shareholders, this is a routine governance update that adds relevant expertise to the Board without immediate direct impact on the stock price.