StockWatch
·
Tea & Coffee
Management Change23 Oct 2026, 02:19 pm

Indong Tea Company: Director Resigns Due to Health Concerns

AI Summary

Indong Tea Company Ltd announced the acceptance of the resignation of Shri Madanlal Garg, Non-Executive Non-Independent Director, effective October 23, 2026. The resignation was due to persistent health-related concerns. Shri Garg has served as a director since 2015. He confirmed no material reasons for his resignation beyond his health condition. He is related to other directors within the company.

Key Highlights

  • Director Shri Madanlal Garg resigned from Indong Tea Company.
  • Resignation is effective October 23, 2026.
  • Reason cited is persistent health-related concerns.
  • Director confirmed no other material reasons for resignation.
  • Director is related to other board members.