Independent Director Balkrishna Singhania Resigns from The Grob Tea Company Limited
The Grob Tea Company Limited announced the resignation of Mr. Balkrishna Singhania, an Independent Director, effective May 13, 2026. The resignation follows Mr. Singhania tendering his notice due to personal reasons and other commitments.Mr. Balkrishna Singhania's departure concludes his role as an Independent Director. Consequently, he will also cease to be a member of the Company’s Audit Committee and Nomination & Remuneration Committee.
The Board of Directors expressed appreciation for Mr. Singhania’s contribution and guidance during his tenure with The Grob Tea Company Limited.
In confirming the details surrounding his exit, Mr. Singhania confirmed that there are no material reasons for his resignation other than the personal reasons and other commitments cited. Furthermore, he confirmed that he does not hold directorship in any other listed entity, nor is he a member or chairperson of any board committees in other listed entities.
The details of Mr. Singhania's directorship status are summarized below:
| Category | Details |
|---|---|
| Directorship in Listed Companies | The Independent Director does not hold directorship in any other listed entity. |
| Committee Position(s) in Listed Companies | NIL |
Mr. Singhania tendered his resignation letter confirming these details, stating that his resignation from the post of Independent Director and the associated committees was effective from the close of business hours on May 13, 2026.
GROBTEA Stock Price Movement
The Grob Tea Company Limited shares today slipped by 0.24% to settle at ₹924, ending the day lower compared to its previous close. Trading activity saw a total volume of 55 shares transacted.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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