Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements ),Regulations ,2015 we write to inform you that at a meeting of the Board of Directors of the Company ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Warren Tea Limited announced that Mr. Vinay Kumar Goenka, aged 68, has resigned as Executive Chairman of the company effective close of 31st March 2026, citing personal reasons. He will continue on the board as Non-Executive Chairman from 1st April 2026. In his place, Mr. Vivek Goenka, aged 43, has been appointed as Additional Whole Time Director designated as Vice Chairman & Managing Director for a three-year term from 1st April 2026 to 31st March 2029, subject to shareholder approval via postal ballot. Importantly, Mr. Vivek Goenka is the son of Mr. Vinay Kumar Goenka, indicating a clear promoter family succession at the top of the company. The appointments were made on the recommendation of the Nomination and Remuneration Committee and Audit Committee at the board meeting held on 31st March 2026.
This is a planned promoter family succession with no break in leadership continuity, as the outgoing Executive Chairman stays on as Non-Executive Chairman. For shareholders, this represents a generational handover at a small-cap tea company — typically neutral to mildly positive if the younger generation brings new business capabilities, though shareholders will be watching for execution during the transition.