LATTEYSNSELatteys Industries LimitedHighNeutral
Announced Sat, 14 Jun · 11:52 IST

Latteys Industries Limited has informed the Exchange regarding Change in Director(s) of the company.

Promoter Family Board EntryManagement Changes View source PDF

LATTEYS · price

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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

Latteys Industries has re-appointed Mr. Kapoor Chand Garg as Managing Director and Mr. Pawan Garg as Whole Time Director, both for a 5-year term from June 15, 2025 to May 30, 2030, subject to shareholder approval. Both are promoters of the company. Additionally, Mrs. Anu Garg, wife of Whole Time Director Pawan Garg, has been appointed as an Additional Director effective June 15, 2025. None of the appointees are debarred by SEBI or any other authority from holding director positions.

Likely market impact

Continuity at the top with promoter family remaining in control of the board. The induction of a promoter family member as a director is something minority shareholders should note, as it further consolidates family influence on governance and decision-making.