Bansisons Tea Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/11/2025 ,inter alia, to consider and approve 1. To approve change ....
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Bansisons Tea Industries has called a Board meeting on 19th November 2025 to consider and approve several significant items. These include changing the Object Clause of the company's Memorandum of Association (which defines the business activities the company is allowed to undertake) and selling a piece of company land under Section 180(1)(a) of the Companies Act, 2013. Both these proposals will require shareholder approval through a Postal Ballot. The company will also appoint a Practicing Company Secretary as Scrutinizer to oversee the postal ballot process. The Board will meet at the registered office in Siliguri, West Bengal.
This is a significant corporate action — the company is looking to potentially change its core business activities and sell a land asset, both of which need shareholder consent. Investors should watch for the Postal Ballot notice and outcome, as these moves could signal a major restructuring or business pivot. The stock may see some activity around the meeting date and ballot results.