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KRBL chief Mittal calls ind director Chaudhary's exit 'hostile'
Mint Mumbai
|September 23, 2025
KRBL Ltd, the company behind the leading basmati rice brand India Gate Basmati Rice, has described the resignation of its independent director, Anil Kumar Chaudhary, as a ‘hostile’ move, dismissing his allegations of corporate governance lapses.
“We could never imagine that he would become so hostile without any reason and would write so adversely about the company where he had been a director for one year,” said Anil Kumar Mittal, chairman and managing director of KRBL, in an analyst call on 16 September following the exit.
Former chairman of state-owned Steel Authority of India Ltd, Anil Kumar Chaudhary, stepped down from KRBL’s board on 8 September, citing governance-related concerns. The company, however, notified the stock exchanges on 13 September.
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