The Peria Karamalai Tea & Produce Company Limited has informed the Exchange regarding Cessation of MR. SHREEYASH BANGUR from the post of Director & Key Managerial Personnel (Deputy Managing Director) of the company w.e.f. March 31, 2025.
PKTEA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.3 pts less than Nifty Microcap 250 and 11.0 pts less than its Tea & Coffee peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Peria Karamalai Tea & Produce Company Limited has informed the stock exchange that Mr. Shreeyash Bangur has ceased to hold the position of Director and Key Managerial Personnel (specifically, Deputy Managing Director) of the company with effect from March 31, 2025. The filing is a regulatory disclosure of a senior management departure from the board. No reason for the cessation or succession plan has been disclosed in this filing. Shareholders may need to await further announcements for context on the reasons behind the exit and any replacement.
The departure of the Deputy Managing Director, a key managerial personnel, may raise short-term governance and continuity concerns. The stock could see mild negative sentiment until clarity emerges on the reasons and succession, though the impact will depend on the company's disclosed succession plan.