AJEL Ltd Notes Resignation of Additional Director Following Board Meeting
AJEL Ltd has reported a change in its board composition after a Board meeting held on July 2, 2026. The company accepted the resignation of Mr. Mariya Sharivn Jeffrey Loorthuraj from his position as Additional Director, effective July 3, 2026.The decision regarding the directorship was made by the Board of Directors based on the recommendations of the Nomination and Remuneration Committee. Mr. Loorthuraj resigned due to personal preoccupations.
As a result of this change, AJEL Ltd's current board structure includes Mr. Srinivasa Reddy Arikatla as Chairman & Managing Director. The company also has several other directors in place following the cessation of Mr. Loorthuraj’s role.
The remaining members of the Board of Directors effective July 3, 2026 include:
| Name & Designation | Residential Address Details |
|---|---|
| Mr. Srinivasa Reddy Arikatla - Chairman & Managing Director | Plot No. 645, Flat No. 302, DNR Residency, Road No. 35, Survey of India Colony, Chanda Naik Nagar, Madhapur, Hyderabad, Telangana-500081 |
| Mrs. Harshana Antharaji - Wholetime Director & CFO | 1-5-546, Old Balaji Colony, Sri Balaji Cooperative Society Office, Chittoor, Tirupati, Andhra Pradesh, India - 517502. |
| Mr. Rama Rao Madasu - Non-Executive - Independent Director | H.NO 10-5-614, Kisan Nagar, Karimnagar, Telangana - 505001 |
| Mr. Venkata Stayanarayana Reddy Chintakuntla - Non- Executive - Independent Director | 5-184, Chintakuntla Vari street, Kambhampadu, Macherla Mandal, Guntur Dist., Andhra Pradesh - 522426 |
| Mrs. Usha Rani Kanteti - Independent Director | 7-1-395/44 AND 45/202, BALKAMPET, SR NAGAR, Sanjeev Reddy Nagar, Ameerpet, Hyderabad, Telangana- 500038 |
| Mr. Lakshmi Narayan Vuppuluri - Independent Director | No C-1, Madrasapattinam, Karpagam Avenue, 4th Street, R A Puram Sai Nagar, Raja Annamalaipuram, Chennai, Tamil Nadu-600028 |
Stock Price Movement
On Monday's close, shares of AJEL Ltd finished down, settling at ₹6.29, which reflects a decline of 4.70%. Throughout the trading period, the stock moved through an intraday range bounded by a low of ₹6.27 and a high of ₹6.93.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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