Management Change1 Sept 2026, 04:01 pm
Maa Jagdambe Tradelinks: MD Resigns, Becomes Non-Executive Director
AI Summary
Maa Jagdambe Tradelinks Ltd announced that its Board of Directors accepted the resignation of Mr. Harish Kanta Srivastava as Managing Director, effective September 1, 2026. He will continue to serve on the Board as a Non-Executive Director. The resignation was due to personal reasons. Mr. Srivastava will receive an annual remuneration of ₹1,20,000/- in his new role, subject to member approval. He confirmed no other material reasons for his resignation and no disagreements with the company.
Key Highlights
- Managing Director Harish Kanta Srivastava resigns effective Sept 1, 2026.
- Srivastava will continue as a Non-Executive Director.
- Resignation cited personal reasons; no material disagreements.
- Annual remuneration for Non-Executive role set at ₹1,20,000.
- Change approved by the Board of Directors.
Price Impact
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