
Management Change25 Aug 2026, 05:42 pm
Terai Tea Director Rajendra Kanodia's Designation Changed
AI Summary
Terai Tea Company Ltd announced a change in designation for Mr. Rajendra Kanodia from Non-Executive Director to Whole Time Director. This change was approved by the Board of Directors on August 25, 2026, and is effective for five years until August 24, 2031. The decision is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Kanodia has been a member of the board since January 28, 1987, and possesses over 40 years of experience in tea plantation, marketing, and finance.
Key Highlights
- Mr. Rajendra Kanodia appointed Whole Time Director.
- Designation change effective for five years.
- Subject to shareholder approval at the ensuing AGM.
- Kanodia has over 40 years of industry experience.
- No relationship with other directors or management.
Price Impact
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