
Management Change28 Aug 2026, 02:49 pm
Asian Tea & Exports Ltd: CFO Resigns, New CFO Appointed
AI Summary
Asian Tea & Exports Ltd announced that Mr. Rajesh Garg will be resigning as the Chief Financial Officer (CFO) effective September 7, 2026. The company also announced the appointment of Mr. Raunak Garg as the new CFO, also effective September 7, 2026. The board meeting where these decisions were made also approved the voluntary stepping down of Mr. Hariram Garg from Managing Director due to health reasons, his continuation as Chairman & Non-Executive Director, and the appointment of Mr. Sunil Garg as the new Managing Director. Mr. Akhil Kumar Manglik's re-appointment as Non-Executive Independent Director was also approved.
Key Highlights
- Rajesh Garg resigns as CFO effective September 7, 2026.
- Raunak Garg appointed as new CFO effective September 7, 2026.
- Hariram Garg steps down as MD due to health, remains Chairman.
- Sunil Garg appointed as new Managing Director.
- Akhil Kumar Manglik re-appointed as Independent Director.
Price Impact
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