BSEIndong Tea Company LtdMediumNeutral
Announced Wed, 21 Jan · 21:22 IST

Please find the intimation under Regulation 30 in respect of Resignation of Company Secretary cum Compliance Officer

Kmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indong Tea Company Ltd informed the stock exchange that its Board, at a meeting held on 21st January 2026, accepted the resignation of Mr. Chandan Gupta (ICSI Membership No. F13530) from the post of Company Secretary cum Compliance Officer effective from the conclusion of the meeting. In his resignation letter, Mr. Gupta cited inadequate salary to support his family and a better opportunity elsewhere as the reasons for leaving, with his last working day mentioned as 31st December 2025. Simultaneously, the Board appointed Mr. Akash Poddar (ICSI Membership No. A78727) as the new Company Secretary cum Compliance Officer with immediate effect from 21st January 2026. Mr. Poddar is an Associate Member of ICSI, holds a B.Com (Honours) in Accountancy from the University of Calcutta, and has prior experience in corporate secretarial functions, SEBI regulations, and managing corporate actions such as rights issues and buybacks.

Likely market impact

This is a routine key managerial personnel change with an immediate replacement in place, so it should not materially affect operations or shareholder value. The resignation reason (better pay elsewhere) is benign and not indicative of any governance concerns.