We herewith intimate that the company at its meeting held today, February 12, 2026 has took note of the expiry of Mr. ME Mohamed (DIN: 00129005), as Managing Director and appointed Mr. ....
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On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.8 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Eastern Treads Ltd informed the BSE that at its Board meeting on February 12, 2026, the company noted the expiry of the Managing Director tenure of Mr. M E Mohamed (DIN: 00129005) at the close of business on February 14, 2026. The Board has appointed Mr. Navas Meeran (DIN: 00128692) as the new Managing Director for a five-year term from the same date, designated as Chairman & Managing Director, subject to shareholder approval. Mr. Navas Meeran is a member of the promoter Meeran family, holds over 33 years of experience in the tyre retreading industry, and is the spouse of existing Director Mrs. Shereen Navas (DIN: 00328770).
This is a planned succession within the promoter family — a senior Meeran's MD term is ending and another family member with long industry experience is taking over as CMD, subject to shareholder approval. Continuity in strategy and operations is likely.