Mcleod Russel India Limited has informed the Exchange that the Board of Directors of the Company vide Circular Resolution dated 14th June 2025 has approved the appointment of Mr. Ritwik Palchoudhuri as the Head of the Marketing of the Company w.e.f. 16th June 2025 forming part of the Senior Management of the Company.
MCLEODRUSS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mcleod Russel India has appointed Mr. Ritwik Palchoudhuri as the new Head of Marketing effective 16th June 2025, classifying him as a Senior Management Personnel. The appointment was made by the Board via a circular resolution, based on the recommendation of the Nomination and Remuneration Committee. Mr. Palchoudhuri is an internal candidate, having spent 16 years in the marketing department of the company and currently holding the rank of General Manager; he brings experience across tea sales, auctions, exports, and private contracts. The change follows the resignation of the previous Head of Marketing, Mr. Vijay Simha Jagannath, which was disclosed to the exchanges earlier on 9th June 2025.
This is a routine internal succession with no expected material impact on the stock price. Shareholders should note continuity in the marketing function, as the replacement is a long-tenured internal employee familiar with the company's tea business.