Annual Report FY26 and 50th AGM Notice filed; dividend Rs 2 per share proposed

Goodricke Group submitted its Annual Report for FY 2025-26 along with the notice for the 50th AGM to be held on July 29, 2026 via video conferencing. A final dividend of Rs 2 per equity share (face value Rs 10) is proposed, with July 22, 2026 as the record date. Statutory auditor is proposed to change from Deloitte Haskins and Sells LLP to MSKA and Associates LLP (BDO India affiliate) for a five-year term. Mr Shaibal Dutt has taken over as Managing Director and CEO from September 2025, and Mr Oliver Capon joined as Non-Executive Director in January 2026. Chairman noted a challenging year for bulk tea due to dry spells, pests and crop losses, while the Instant Tea business achieved record export volumes and the Branded Tea segment improved profitability. Strategy includes reducing debt and divesting loss-making estates.