New independent director appointed, promoter relative elevated to VP
LAOPALA · price
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La Opala RG board on July 8, 2026 approved two changes. Mr. Saradindu Dutta, a retired ITC executive (EVP and Head of Corporate Accounts) and qualified Chartered Accountant, was appointed Non-Executive Independent Director for five years, subject to shareholder approval. Separately, Mr. Abhyuday Jhunjhunwala, a relative of the company's directors, was elevated from General Manager to Vice President in Business Development and designated Senior Management Personnel. His remuneration exceeds prescribed limits and will need shareholder approval at the 39th AGM.
Minor governance changes. New independent director adds four-decade ITC finance experience. Promoter relative's promotion and related pay need shareholder approval at AGM.