Balmer Lawrie & Company Limited has informed the Exchange regarding 'Revision in the Notice of the 108th AGM 2025 and the Annual Report for the Financial Year 2024-25 to give effect to the change in directorate and senior Management of the Company '.
BALMLAWRIE · price
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Balmer Lawrie, a Government of India PSU under the Ministry of Petroleum and Natural Gas, has made changes to its board effective 22nd August 2025. The additional charge of Director (Service Businesses) held by Mr. Adhip Nath Palchaudhuri, Chairman & Managing Director, has been extinguished following the appointment of a regular incumbent. Mr. Romon Sebastian Louis, who was already serving as Executive Director (Logistics Infrastructure & Cold Chain) and part of senior management, has been appointed as Executive/Whole-time Director in the designation of Director (Service Businesses) for a 5-year term, subject to shareholder approval at the upcoming 108th AGM. Mr. Louis is a long-tenured internal employee of about 30 years with deep logistics expertise. The company has revised its 108th AGM 2025 notice and the FY24-25 Annual Report to reflect these changes, and the trading window has been reopened from 23rd August 2025.
This is a routine internal board restructuring at a government PSU — a senior insider has been elevated to a new directorship role, and the CMD's temporary additional charge has been handed over. No adverse signal for shareholders; share price impact is likely minimal as the change was directed by the Administrative Ministry.