1. Re-appointment of Mr. Sandeep Singhania as Managing Director of the company. 2. Re-appointment & Continuation of Mr. Kiran Nanoo Desai as Independent Director of the company for ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Diana Tea Company's board, at its meeting on 23rd July 2025, approved the re-appointment of Mr. Sandeep Singhania as Managing Director for a second term of 5 years, effective 27th August 2025 to 26th August 2030. The board also approved the continuation and re-appointment of Mr. Kiran Nanoo Desai as a Non-Executive Independent Director for a second term of 5 years from 1st December 2025 to 30th November 2030. Mr. Desai will attain the age of 75 during his tenure, and the company confirmed that both directors are not debarred by SEBI or any other authority. Both re-appointments are subject to shareholder approval at the ensuing AGM. Mr. Singhania has been with the company for over 34 years with deep tea industry experience.
This is a routine board continuity announcement with no change in leadership. Shareholders can expect stability in management and direction, though both appointments still require approval at the upcoming AGM.