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How KRBL’s mistakes are helping LT Foods win the race
Mint Mumbai
|September 17, 2025
K RBL Ltd, the company behind India Gate rice, has been busy with boardroom drama and trying to sell products outside its core rice business.
The latest shock: Independent director Anil Kumar Chaudhary's resignation, citing KRBL's issues such as withholding information that impacts decision-making, not recording board meetings properly, and unjust writeoffs, among others.
The stock fell about 10% on Monday.
KRBL said in a conference call on Tuesday that it will hire a third-party firm to review the issue within 30 days.
This story is from the September 17, 2025 edition of Mint Mumbai.
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