CESC Limited has informed the Exchange about change in Management
CESC · price
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CESC Limited announced two board changes effective February 25, 2026. Mr. Umang Kanoria has been appointed as an Additional Director and Non-Executive Independent Director for a three-year term, subject to shareholder approval. Mr. Debanjan Mandal has been re-appointed as a Non-Executive Independent Director for a second term of five years starting May 10, 2026. Mr. Kanoria is an industrialist with experience in the tea and textile industries and is CMD of Kanco Tea & Industries and Kanco Enterprises. Mr. Mandal is a senior partner at the law firm Fox & Mandal with over 20 years of experience in corporate and commercial law. Both are independent of existing directors and not debarred by SEBI or any authority.
This is a routine governance update with no material impact on operations or financials. Strengthening the board with experienced independent directors is generally viewed positively by shareholders and may support better oversight.