Announced Tue, 11 Aug · 19:16 IST
AGM approves new auditor, MD re-appointment, 2 independent directors, related party deals
GROBTEA · price
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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹892.00
prior close
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base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
At the 11 Aug 2026 AGM, members approved: M/s B Nath & Co as new statutory auditor for 5 years till 2030-31; re-appointment of Mr. Pradeep Kumar Agarwal as MD for 3 years from 30 Jun 2026 to 29 Jun 2029; appointment of Mr. Kishan Kumar Kejriwal and Ms. Nidhi Shah as independent directors for 5 years each; material related party loan transactions up to Rs 5 crore each with Banka Enterprises and K L Support (promoter group) for FY26-27.
Likely market impact
Routine AGM approvals. New auditor and two independent directors appointed. Related party loans up to Rs 5 crore with promoter-group entity need shareholder attention.