Annual Report including Notice of 42nd Annual General Meeting under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
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Kanco Tea & Industries Limited has filed its Annual Report for FY 2024-25 along with the Notice of its 42nd Annual General Meeting (AGM) with BSE, as required under Regulation 34 of SEBI Listing Regulations. The 42nd AGM is scheduled for Tuesday, 26th August 2025 at 11:30 a.m. IST, to be held via Video Conferencing (VC)/OAVM. Key items on the AGM agenda include adoption of audited standalone and consolidated financial statements for FY 2024-25, re-appointment of Mr. Umang Kanoria (who retires by rotation) as Director, his re-appointment as Managing Director for 3 years (1 August 2025 to 31 July 2028) with a basic salary of Rs. 2,25,000 per month plus 5% commission on net profits, ratification of Cost Auditor remuneration of Rs. 60,000 p.a. for M/s A.C. Dutta & Co., and appointment of M/s. LABH & LABH Associates as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30). The Company's statutory auditors are M/s. NKSJ & Associates, and Mr. Rohinton Kurus Babaycon joined the board w.e.f. 30th May 2024 while Mr. Navin Nayar's tenure ended on 13 August 2024.
This is a routine regulatory filing providing the AGM notice and annual report for shareholders to review before the meeting. The re-appointment of Mr. Umang Kanoria as Managing Director for another 3-year term provides leadership continuity. No immediate material impact on share price is expected from this filing itself; shareholders should review the full annual report for financial performance details.