India Gate Basmati Chair Disputes Director's Exit, Governance Claims

Imagine a company that makes delicious rice called India Gate.

One of the company's directors, like a board member, quit and said the company wasn't following the rules properly.

The company's boss says the director is being hostile and is wrong.

The director says he has evidence to support his claims.

The company says they'll review the director's concerns.

People who own the company's stock are worried and the stock price has gone down.

Now, the company is looking for a new director and is having an independent party look at the situation.