Assam Company India Limited announced executive changes in a board meeting held on October 9, 2018. B.R. Shetty has been appointed as a chairman of the board, C.R. Shetty and Binay Raghuram Shetty have been appointed as an executive director, Prajit Vasudevan and Sanjay Jain have been appointed as an independent director. Aditya Kumar Jajodia has resigned from the position of managing director, Amit Halder and Sanjay Khandewal have resigned from the position of independent directors.