Intimation of outcome of Board Meeting dated 15.09.2025 for changes in the Independent Directors
Awaiting price reaction for this filing.
Longview Tea Company Ltd announced changes to its Board of Directors on September 15, 2025. Mr. Ashu Bajaj resigned as Non-Executive Independent Director effective October 1, 2025, citing ill health and recent medical concerns, with no other reasons disclosed. The Board approved the appointment of Mr. Kuldeep Singh Rathore as an Additional Non-Executive Independent Director for a 3-year term (September 15, 2025 to September 14, 2028), subject to shareholder approval. Mr. Rathore is described as a seasoned entrepreneur with over 20 years of experience in business management and overall administration. Mr. Rathore is not related to any existing director and is not debarred from holding office by SEBI or any other authority.
This is a routine one-for-one board reconstitution at a small-cap company, with one independent director exiting due to health reasons and being replaced. No material impact on operations, financials, or stock price is expected.