Norben Tea & Exports Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 05, 2025
NORBTEAEXP · price
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Norben Tea & Exports Limited held its 35th Annual General Meeting on July 5, 2025, via video conferencing, chaired by Chairman & Managing Director Mr. Manoj Kumar Daga. The meeting lasted one hour (11:30 AM to 12:30 PM) and was attended by all key board members, auditors, and 12 shareholder speakers. The Auditors' Report for FY ended March 31, 2025 had no qualifications or adverse remarks, and the Secretarial Audit Report's two minor observations from SEBI and BSE were already closed within the required timeline. Seven resolutions were transacted, including adoption of FY25 financial statements, re-appointment of a director retiring by rotation, re-appointment and new appointment of Independent Directors for 5-year terms, prior approval for related party transactions with Tongani Tea Co. Ltd. and Mangalam Products Pvt. Ltd. for the next 12 months, and appointment of a new Secretarial Auditor. Voting results will be shared once the Scrutinizer's Report is finalized.
This is a routine regulatory disclosure confirming AGM proceedings and resolutions; no material financial or strategic surprise. The clean audit report is mildly positive, while the two related-party transaction approvals are standard pre-approvals for an ongoing tea-industry group. Shareholders should await the voting results announcement for final outcome of each resolution.