StockWatch
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Tea & Coffee
Management Change25 Aug 2026, 05:42 pm

Terai Tea Appoints Rajendra Kanodia as Whole Time Director

AI Summary

Terai Tea Company Ltd announced a change in designation for Mr. Rajendra Kanodia from Non-Executive Director to Executive-Whole-time Director. This change was approved by the Board of Directors at a meeting held on August 25, 2026. Mr. Kanodia's remuneration has been fixed for a period of five years, from August 25, 2026, to August 24, 2031, subject to shareholder approval at the upcoming Annual General Meeting. He has been associated with the company since January 28, 1987, and brings over 40 years of experience in tea plantation, marketing, and finance.

Key Highlights

  • Mr. Rajendra Kanodia's designation changed to Whole Time Director.
  • New role is for a term of five years, effective August 25, 2026.
  • Remuneration fixation is subject to shareholder approval.
  • Mr. Kanodia has extensive experience in the tea industry.
  • He has been a board member since 1987.