Intimation for resignation of Mr. Ashu Bajaj, Independent Director vide resignation letter dated 15.09.2025 to be effective from 01.10.2025.
Awaiting price reaction for this filing.
Longview Tea Company has informed the stock exchange about changes to its Board of Directors. Mr. Ashu Bajaj, a Non-Executive Independent Director, has resigned citing ill health and medical concerns, with his resignation effective from 1st October 2025. In his place, the Board approved the appointment of Mr. Kuldeep Singh Rathore as an Additional Non-Executive Independent Director from 15th September 2025 for a three-year term, subject to shareholder approval. Mr. Rathore brings over 20 years of experience in business management and administration. The company confirmed there are no other reasons for Mr. Bajaj's resignation and no relationship exists between the new appointee and existing directors.
This is a routine board reshuffle with no governance red flags — the outgoing director is leaving due to health reasons, and a replacement has been appointed on the same day to maintain board continuity. Shareholders are unlikely to see any material impact on the stock.