
Asian Tea & Exports: CFO Resigns, MD Appointed
Asian Tea & Exports Ltd announced a series of management changes following a Board of Directors meeting on August 28, 2026. Mr. Rajesh Garg will resign as Chief Financial Officer effective September 7, 2026. Concurrently, Mr. Raunak Garg has been appointed as the new CFO, also effective September 7, 2026. Additionally, Mr. Hariram Garg is stepping down as Managing Director due to health reasons, effective September 28, 2026, but will continue as Chairman & Non-Executive Director. Mr. Sunil Garg has been appointed as the new Managing Director for a five-year term starting September 28, 2026. Mr. Akhil Kumar Manglik's re-appointment as Non-Executive Independent Director for another five years was also approved.
Key Highlights
- CFO Rajesh Garg resigns effective September 7, 2026.
- Raunak Garg appointed as new CFO from September 7, 2026.
- MD Hariram Garg steps down due to health; remains Chairman.
- Sunil Garg appointed as new MD for a five-year term.
- Akhil Kumar Manglik re-appointed as Independent Director.
Price Impact
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