New Delhi, Sept. 17 -- KRBL 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 write-offs, 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 is not the first time such issues have surfaced. In the AgustaWestland case, the Enforcement Directorate (ED) arrested the company's joint managing director, Anoop Kumar Gupta, in 2021 for a...