CCLNSECCL Products (India) Limited· Tea And CoffeeMediumNegative
Announced Wed, 18 Mar · 18:50 IST

CCL Products (India) Limited has informed the Exchange regarding Resignation of Mr Thirumala Prasad Rajanandam as Deputy General Manager Commercial of theCompany, who is a Senior Managerial Personnel of the company w.e.f. with effect from the closing business hours of March 18, 2026 vide his letter dated March 06, 2026.

Kmp ResignedManagement Changes View source PDF

CCL · 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
+3.9%1-day move
₹1051.00
prior close
₹1040.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.0+0.5+0.6+3.9+0.2+2.9+2.5+0.5+2.3+3.7+3.5+4.0+8.4
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AI summary

Mr. Thirumala Prasad Rajanandam has resigned from the post of Deputy General Manager – Commercial at CCL Products (India) Limited, effective from the close of business on March 18, 2026. He was classified as a Senior Managerial Personnel (SMP) under Regulation 16(1)(d) of the SEBI Listing Regulations, making the disclosure mandatory. In his resignation letter dated March 06, 2026, he stated personal reasons, saying he could no longer devote the attention and energy required for the role. He also requested to be relieved earlier than his 60-day contractual notice period. The company confirmed there are no other material reasons behind the exit.

Likely market impact

This is a mid-level senior management departure, not involving the CEO, CFO, or Board, and is unlikely to have a meaningful impact on the company's operations or share price. No governance red flags are indicated.