tiprankstipranks
Advertisement
Advertisement

McLeod Russel Director Amritanshu Khaitan Resigns From Board

Story Highlights
  • McLeod Russel announced the resignation of non-executive director Amritanshu Khaitan, effective 17 March 2026, citing personal reasons and other commitments.
  • The company has notified major stock exchanges and updated its website about the board change to comply with SEBI disclosure norms and maintain transparency for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
McLeod Russel Director Amritanshu Khaitan Resigns From Board

Claim 55% Off TipRanks

The latest update is out from McLeod Russel India Limited ( (IN:MCLEODRUSS) ).

McLeod Russel India Limited has announced that non-executive, non-independent director Amritanshu Khaitan has resigned from the company’s board due to personal reasons and other commitments. His resignation, communicated via letter dated 17 March 2026, took effect the same day, and the company has disclosed the change to the stock exchanges and on its website in line with SEBI’s listing regulations.

The departure of Khaitan marks a change in the company’s board composition, though no successor has been named in the disclosure and no other governance changes were indicated. By formally notifying the BSE, NSE and Calcutta Stock Exchange under Regulation 30 of SEBI’s LODR framework, McLeod Russel aims to maintain regulatory compliance and transparency for shareholders and other market participants regarding its board-level changes.

More about McLeod Russel India Limited

McLeod Russel India Limited is a tea producer based in India and is listed on major Indian stock exchanges, including BSE, NSE and the Calcutta Stock Exchange. The company operates in the plantation and tea industry, supplying its products to domestic and international markets as part of the broader agricultural and commodities sector.

Average Trading Volume: 49,463

Technical Sentiment Signal: Sell

Current Market Cap: 3.71B INR

For a thorough assessment of MCLEODRUSS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1