Appointment of Mr. Shaibal Dutt, currently serving as General Manager, Operations, as the Managing Director & CEO of the Company w.e.f. 6th September, 2025, subject to the approval of the ....
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Goodricke Group has announced the appointment of Mr. Shaibal Dutt as the new Managing Director & CEO, effective 6th September 2025, for a three-year term subject to shareholder approval at the 49th AGM. Mr. Dutt is currently General Manager, Operations and has been with the company since 1994, holding diverse roles across Bulk and Branded Tea divisions. He is about 52 years old and holds a Bachelor's degree in Political Science from Hindu College, University of Delhi. He takes over from Mr. Arun Narain Singh, the current Executive Vice Chairman and MD cum CEO, whose tenure is completing. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board on 30th April 2025.
This is a planned, orderly internal succession with no governance red flags — Mr. Dutt is not related to any director or promoter and is not debarred by SEBI. For shareholders, the transition signals continuity in leadership and operations, though it remains subject to approval at the upcoming AGM.