Bengal & Assam Company Limited has announced the completion of tenure of its Independent Director Shri Sanjay Kumar Khaitan, effective January 25, 2026. The company communicated this development to BSE Limited through an official intimation filed under regulatory compliance requirements.

Director Details and Tenure Completion

The key details of the directorship change are presented below:

Shri Khaitan had completed his permissible second term as an Independent Director of the company on January 25, 2026. Consequently, he ceased to be a member of the Board of Directors with effect from the said date. The completion follows the standard tenure limits for independent directors as per corporate governance norms.

Regulatory Compliance

The company filed this intimation pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with Para A of Part A of Schedule III of the Listing Regulations, which mandates companies to inform stock exchanges about changes in board composition.

The official communication was addressed to the Department of Corporate Services at BSE Limited, where Bengal & Assam Company Limited's scrip is listed under code 533095. Company Secretary Dillip Kumar Swain signed the intimation document on behalf of the company.

Board's Acknowledgment

The Board of Directors and Management of Bengal & Assam Company Limited have placed on record their sincere appreciation for the contribution made by Shri Sanjay Kumar Khaitan during his tenure with the company as an Independent Director. This acknowledgment reflects the company's recognition of his service and contributions to the board's functioning during his directorship period.

Bengal & Assam Company Limited and its subsidiary J.K. Fenner (India) Limited (JKFIL) have announced a significant acquisition in the tyre and rubber products sector. The two companies are set to acquire a combined stake of 6.67% in Cavendish Industries Limited from JK Tornel for a total consideration of Rs. 130.64 crores.

Acquisition Details

The acquisition involves the purchase of 40 lakh equity shares of Cavendish Industries Limited, a company specializing in tyre and rubber products. The stake distribution and financial details are as follows:

Strategic Implications

This acquisition may potentially strengthen the position of Bengal & Assam Company and JKFIL in the tyre and rubber products industry. By increasing their stake in Cavendish Industries, the companies could be looking to expand their footprint in this sector or gain more control over the supply chain.

Market Impact

The move indicates a strategic investment in the tyre and rubber products sector, which could be seen as a positive sign for the industry. Investors and market analysts may want to keep an eye on how this acquisition affects the operations and financial performance of all companies involved.

It's important to note that the full impact of this acquisition on the companies' financials and operations will likely become clearer in the upcoming quarterly reports and future announcements.