AGM 2026: All 11 resolutions passed, dividend of Rs 2 per share approved

Grob Tea held its AGM on Aug 11, 2026 via video conferencing. All 11 resolutions passed with requisite majority. Key items: dividend of Rs 2 per share (face value Rs 10) for FY26, adoption of audited financials, re-appointment of Mrs. Indra Agarwal (retiring by rotation) and Mr. Pradeep Kumar Agarwal as Managing Director, increase in MD remuneration, appointment of two new Independent Directors (Kishan Kumar Kejriwal and Nidhi Shah), and material related party transactions with Banka Enterprises and K L Support. Voting turnout was about 81.42 percent with approvals ranging from 99.94 percent to 100 percent.