
Management Change30 Jun 2026, 06:00 pm
Ucal Ltd CEO Resigns Due to Health Reasons
AI Summary
Ucal Ltd announced that its Chief Executive Officer, Mr. T. Jaisankar, has resigned from his position effective June 30, 2026, citing health reasons. Despite stepping down as CEO, Mr. Jaisankar will continue his employment with the company in a role to be determined by the Nomination and Remuneration Committee and the Board of Directors, leveraging his extensive experience. This change is a resignation from the office of CEO and Key Managerial Personnel, not a cessation of employment.
Key Highlights
- CEO Mr. T. Jaisankar resigns effective June 30, 2026.
- Resignation is due to health reasons.
- Mr. Jaisankar will continue as an employee in a new capacity.
- The company is seeking a replacement CEO.
Price Impact
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