Albert David Ltd: MD & CEO Umesh Manohar Kunte Resigns Effective Dec 18, 2025
Albert David Limited announced that the Board of Directors, during its meeting held on December 18, 2025, accepted the resignation of Mr. Umesh Manohar Kunte from his positions as Managing Director, C...
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Why is Albert David Limited in the news today?
Albert David Limited (ALBERTDAVD) is in the news due to the resignation of a key management personnel is a significant event but the reasons provided are personal and the company has expressed appreciation for services rendered. there is no immediate financial impact indicated.
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Albert David Ltd: MD & CEO Umesh Manohar Kunte Resigns Effective Dec 18, 2025
December 18, 2025, 02:00 PM
Albert David Limited announced that the Board of Directors, during its meeting held on December 18, 2025, accepted the resignation of Mr. Umesh Manohar Kunte from his positions as Managing Director, Chief Executive Officer, and Director. This resignation is effective from the closure of business hours on December 18, 2025, due to personal reasons and priorities.
The company has expressed its deep appreciation for Mr. Kunte's services and contributions during his tenure. Following his resignation, Mr. Kunte will also cease to be a Key Managerial Person as per the Companies Act, 2013, and SEBI Listing Regulations.
The board meeting commenced at 17:00 HRS (IST) and concluded at 19:20 HRS (IST) on December 18, 2025.
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