Resignation of Mr. Vinay Kumar Goenka (DIN 00043124) as EXECUTIVE CHAIRMAN with effect from close of 31st March,2026 and his continuation as Non Executive Director designated as CHAIRMAN ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Vinay Kumar Goenka has resigned as Executive Chairman of Warren Tea Limited with effect from close of March 31, 2026, citing personal reasons. He will continue as Non-Executive Director designated as Chairman from April 1, 2026. Simultaneously, the Board has appointed Mr. Vivek Goenka (son of Mr. Vinay Kumar Goenka) as Additional Whole Time Director designated as Vice Chairman & Managing Director from April 1, 2026 to March 31, 2029, subject to shareholder approval. Mr. Vivek Goenka, 43, holds a Masters in Finance and Investment and has business interests in hospitality (Vesta Hotels & Resorts) and IT (Sofiweb Technologies). The leadership transition reflects a generational shift within the promoter family after approximately 43 years of association.
This represents a planned succession within the promoter family, with the founder/executive chairman stepping down and his son taking over executive control. Shareholders should note this is a related-party appointment requiring their approval via postal ballot. The company assures no material concerns with the resignation.