PKTEA Board re-appoints Gaurav Jalan as Independent Director for 5 years from Nov 10, 2025
The Peria Karamalai Tea & Produce Company re-appointed Mr. Gaurav Jalan as Non-Executive Independent Director for a second 5-year term starting Nov 10, 2025, pending shareholder approval.
The re-appointment of an existing independent director is a standard corporate governance procedure and is not expected to have a significant immediate impact on the company's operations, strategy, or stock price.
The re-appointment of an existing independent director for a second term provides continuity in governance and indicates satisfaction with his prior performance, but it is a routine corporate action without immediate positive or negative financial implications.
The Board of Directors of The Peria Karamalai Tea & Produce Company Limited has approved the re-appointment of Mr. Gaurav Jalan (DIN: 00111070) as a Non-Executive Independent Director. * This re-appointment is for a second term of 5 (five) consecutive years. * The re-appointment will be effective from November 10, 2025. * It is subject to the necessary approval of the Shareholders of the Company at a General Meeting or through Postal Ballot. * Mr. Jalan satisfies the criteria of Independence as per Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. * He is not debarred from holding the office of a Director by any regulatory authority. * Mr. Gaurav Jalan has no relationship with the Directors, Key Managerial Personnel, or Promoters of the Company. * His profile includes a B.Com(Hons) degree from St. Xavier's College, Calcutta, and experience in the family's tea plantation business, security printing inks, engineering, and weighing systems. He has been associated with the Company since November 10, 2020.
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The Peria Karamalai Tea & Produce Company Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by The Peria Karamalai Tea & Produce Company Limited. Read the original for the full detail.