MCLEODRUSSNSEMcleod Russel India Limited· Tea And CoffeeMediumNegative
Announced Wed, 18 Mar · 13:14 IST

Mcleod Russel India Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

MCLEODRUSS · price

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹35.03
prior close
₹36.16
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1+0.1+0.0+0.3-0.7-7.9-8.4-5.3-18.4+30.3+58.3+87.8+84.8
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AI summary

Mcleod Russel India Limited has informed the stock exchanges that Mr. Amritanshu Khaitan (DIN: 00213413), a Non-Executive Non-Independent Director, has resigned from the Board effective 17th March 2026. The reason cited is personal reasons and other commitments. Mr. Khaitan is a member of the promoter family, and his role was limited to that of a Non-Executive Director with no involvement in day-to-day management or executive decision-making. The company has made the required disclosures under SEBI LODR Regulations, 2015, and hosted the same on its website.

Likely market impact

This is a routine non-executive director exit for personal reasons. The outgoing director has explicitly clarified that his resignation is not linked to any company affairs, management, or operations, suggesting no governance concerns. Shareholders are unlikely to see any material impact on the stock or business.