Specified in the attached Disclosure in item no. 1 & 2.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Asian Tea & Exports Ltd held a board meeting on March 26, 2026 where it approved the appointment of Mr. Kuldeepak Bansal (DIN: 05270419) as an Additional Director (Non-Executive & Independent) for a five-year term, subject to shareholder approval via postal ballot. The board also accepted the resignation of Mr. Manish Jajodia (DIN: 02945372) as Non-Executive Independent Director, effective the close of business on March 26, 2026, citing personal reasons with no material concerns flagged. The Nomination and Remuneration Committee was reconstituted with Mr. Akhil Kumar Manglik as Chairperson and Mr. Kuldeepak Bansal, Mr. Rajnish Kumar Kansal, and Mrs. Rama Garg as members. A postal ballot process was initiated to seek shareholder approval for the new director's appointment, with NSDL appointed as the e-voting platform provider.
This is a routine independent director change with no governance red flags — one independent director out, one independent director in, and the new appointee is not debarred by SEBI. Minimal impact expected on the stock; shareholders will vote on the appointment via postal ballot.