Management Change11 Aug 2026, 05:01 pm
Allcargo Terminals MD Suresh Kumar Ramiah to Retire
AI Summary
Allcargo Terminals Ltd announced that Mr. Suresh Kumar Ramiah will step down as Managing Director and from various committee memberships, including Audit, Stakeholders Relationship, and Corporate Social Responsibility committees. This change is effective from the close of business hours on August 31, 2026, due to his superannuation in line with the company's retirement policy. The company expressed appreciation for his contributions.
Key Highlights
- Managing Director Suresh Kumar Ramiah to retire on August 31, 2026.
- Cessation from Audit, Stakeholders, and CSR committees.
- Reason for departure is superannuation as per company policy.
- Company acknowledges his past contributions.
Price Impact
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