T T Limited has informed the Exchange about General Updates
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T T Limited has informed the stock exchanges that Shri Rikhab Chand Jain (aged 80, DIN: 01736379) has been re-designated as Non-Executive Director and Chairman, effective from April 1, 2025. He was previously serving as Executive Director and Chairman of the company. Members approved this re-designation through a special resolution passed at the Annual General Meeting held on September 24, 2025. The change was disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a governance change where the Chairman's role shifts from executive to non-executive, which may strengthen board independence but also means the company has lost an executive hand at the top. The approval was retrospective (effective April 1, 2025) and was recently ratified at the AGM in September 2025. Shareholders should note this transition could signal a shift in management style, though no immediate financial impact is evident from this disclosure.