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Mumbai: Nearly a year after joining KRBL Ltd as an independent director, Anil Chaudhary has stepped down from the board of the renowned India Gate basmati brand owner, alleging corporate governance issues. In his resignation letter, the former Steel Authority of India Ltd (Sail) chairman flagged several governance concerns at the country's largest exporter of basmati rice, including inconsistencies in recording minutes of the company's board meetings, instances of information being withheld fro ...Read More >
New Delhi, Sep 15 (PTI) Shares of KRBL Ltd, a leading basmati rice producer and owner of the India Gate brand, tanked nearly 10 per cent on Monday after the company said its board has ordered an independent review following the resignation of independent director Anil Kumar Chaudhary, who raised multiple corporate governance concerns. The stock tumbled 9.59 per cent to settle at Rs 401.50 on the BSE. During the day, it plunged 12.84 per cent to Rs 387.05. At the NSE, it dropped 9.60 per cent t ...Read More >
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