BSELongview Tea Company LtdHighNegative
Announced Wed, 19 Nov · 16:48 IST

Intimation about the demise of sh. Pradip Kumar Daga, Director

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Longview Tea Company Ltd has informed the BSE about the sad demise of Shri Pradip Kumar Daga, a Director on the company's board, who passed away on Tuesday, November 18, 2025. The intimation was filed under Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, along with details in Annexure A. The communication was signed by Shantanu Daga, the Chief Executive Officer, who shares the Daga surname, suggesting a likely family connection. No information about a successor or board reconstitution has been provided in this filing.

Likely market impact

The loss of a director creates a board vacancy that the company will need to address in due course. For shareholders, this is a somber event with limited immediate financial impact, though the promoter-family connection (shared Daga surname) means succession planning may be a point to watch.