StockWatch
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Trading & Distributors
AGM/EGM29 Sept 2026, 05:10 pm

Asian Tea & Exports Ltd: Director Changes Approved at AGM

AI Summary

Asian Tea & Exports Ltd announced key management changes following its 40th Annual General Meeting (AGM) held on September 28, 2026. Mrs. Rama Garg was re-appointed as a director liable to retire by rotation. Mr. Hariram Garg voluntarily stepped down as Managing Director due to health reasons but will continue as Chairman & Non-Executive Director. Mr. Sunil Garg has been appointed as the new Managing Director for a five-year term. Additionally, Mr. Akhil Kumar Manglik was re-appointed as a Non-Executive Independent Director for another five-year term. All resolutions, including these appointments and re-appointments, were passed by the shareholders.

Key Highlights

  • Mrs. Rama Garg re-appointed as director.
  • Mr. Hariram Garg steps down as MD due to health, remains Chairman.
  • Mr. Sunil Garg appointed as new Managing Director for 5 years.
  • Mr. Akhil Kumar Manglik re-appointed as Independent Director for 5 years.