Asian Tea & Exports Limited Appoints Additional Director, Accepts Director’s Resignation
Kolkata – March 26, 2026 – Asian Tea & Exports Limited announced several corporate governance updates following a board meeting held on Thursday, March 26, 2026.The board appointed Mr. Kuldeepak Bansal (DIN: 05270419) as an Additional Director (Non-Executive & Independent) for a period of five years, effective March 26, 2026. This appointment was based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval.
The company also accepted the resignation of Mr. Manish Jajodia (DIN: 02945372) as a Non-Executive Independent Director, effective March 26, 2026. Mr. Jajodia confirmed that there were no material reasons for his departure beyond those stated in his resignation letter.
The Nomination and Remuneration Committee of the Board was reconstituted, effective March 26, 2026. Details of the new committee composition are available in an attached annexure.
Shareholders will vote on the appointment of Mr. Bansal via a Postal Ballot through remote e-voting. The cut-off date for determining eligible shareholders is Friday, March 27, 2026. CS Puja Pujari of M/S Puja Pujari & Associates has been appointed as the scrutinizer for the Postal Ballot, and National Securities Depository Limited (NSDL) will provide the e-voting facility platform.
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