Notice of Postal Ballot dated 12th November, 2025
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Bengal Tea & Fabrics Ltd has issued a Postal Ballot notice (dated 12 November 2025) seeking shareholder approval for the re-appointment of Mr. Adarsh Kanoria (DIN: 00027290) as Managing Director for a 3-year term from 1 January 2026 to 31 December 2028. The resolution is an Ordinary Resolution, with e-voting open from 19 November 2025 (9:00 AM) to 18 December 2025 (5:00 PM) and results expected by 20 December 2025. Proposed remuneration includes a basic salary of Rs. 7 lakh–Rs. 9.15 lakh per month (escalating), plus commission up to 3% of profits, allowances, and perquisites; Mr. Kanoria drew Rs. 90.37 lakh in FY24-25. He is 58 years old, holds 5,97,137 equity shares, has over 38 years of Tea and Textile industry experience, and is related to Whole-time Director Kushagra Kanoria (son) and Director Shubha Kanoria (spouse). The re-appointment has been recommended by the Nomination and Remuneration Committee and approved by the Board on 12 November 2025.
This is a routine governance item to ensure leadership continuity at the top, with no change in management control. Shareholders should review the remuneration terms and Mr. Kanoria's track record; approval is widely expected given the Board's recommendation and family-promoter alignment.