Management Change23 Oct 2026, 02:22 pm
Indong Tea Company Director Resigns
AI Summary
Indong Tea Company Ltd announced the resignation of Shri Madanlal Garg, Non-Executive Non-Independent Director, effective October 23, 2026. The resignation was accepted by the Board of Directors due to persistent health-related concerns. Shri Garg has confirmed no other material reasons for his departure and expressed gratitude for his tenure since 2015. He is related to other key management personnel, including the Chairman & Executive Director and the Managing Director.
Key Highlights
- Non-Executive Non-Independent Director Shri Madanlal Garg has resigned.
- Resignation is effective October 23, 2026, citing health reasons.
- The Board of Directors has accepted the resignation.
- Shri Garg is related to Chairman and Managing Director.
Price Impact
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