Announcement in the matter of clarification for Non Submission of Unaudited Financial Results for quarter ended 31.12.2025 under Regulation 33 of SEBI LODR Regulations.
Awaiting price reaction for this filing.
Longview Tea Company has explained to BSE why it failed to submit unaudited financial results for the quarter ended 31 December 2025 under SEBI LODR Regulation 33. The company lost a director to death on 18 November 2025, and at the 146th AGM on 28 November 2025, shareholders rejected resolutions to re-appoint two independent directors, leaving the company with no Board. Subsequently, both the Company Secretary (6 Jan 2026) and CFO (16 Jan 2026) resigned, leaving only one KMP. Without a Board, the company cannot prepare, approve, or get its Q3 results reviewed by auditors. The company also disclosed that an oppression/mismanagement petition under Sections 241 & 242 of the Companies Act, 2013, filed by two shareholders, is pending before NCLT Kolkata.
This is a serious corporate governance red flag — the company currently has no Board of Directors and is unable to meet basic listing-compliance obligations. Shareholders face uncertainty around financial reporting, decision-making, and the outcome of the NCLT petition, all of which could weigh on the stock and trading activity.