Teesta Agro Industries Limited (TAIL), a prominent player in the agro-industry sector, has announced significant updates following the conclusion of its board meeting held on April 23, 2025. As part of the regulatory disclosure under Regulation 30(6) read with Schedule III and Regulation 33(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations), the company has confirmed the resignation of two key members of its board of directors.

The board meeting, which began at 11:00 AM and concluded by 1:30 PM, resulted in the acceptance of the following resignations:

• Shri Umesh Chandra Sahoo, who served as the Executive Director of the company, tendered his resignation, which was duly accepted by the board.

• Ms. Rashi Saraf, an Independent Director, also submitted her resignation, which was formally accepted by the board.

These developments mark significant changes within the senior leadership team of Teesta Agro Industries, a company involved in the production and distribution of agro-products, with a strong presence in Siliguri, West Bengal. These resignations are a part of the company’s ongoing restructuring and internal realignment, aimed at further strengthening its operations and governance framework.

This decision was communicated in accordance with the SEBI's regulatory guidelines, ensuring transparency and timely disclosure of material events to the stock exchange. The resignation of senior executives is an important corporate update that reflects the company’s commitment to complying with corporate governance standards and maintaining investor confidence.

Both Shri Umesh Chandra Sahoo and Ms. Rashi Saraf have contributed to the company's growth and governance over the years, and their resignations were handled in line with the listing regulations.

This outcome highlights **Teesta Agro’s commitment to compliance with Listing Regulations while also adjusting its leadership as needed for long-term strategic growth. The company has emphasized that the resignations were accepted in the normal course of business, and there are no other significant matters arising from these developments that could materially affect the operations of Teesta Agro Industries Limited.

The company has also confirmed that the board meeting discussions were efficiently concluded within 2.5 hours, a reflection of smooth corporate governance practices in place.

Teesta Agro Industries is expected to announce further developments regarding the appointment of new directors or other leadership changes in due course, keeping in line with regulatory timelines.

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