The Grob Tea Company Limited has informed the Exchange regarding Notice of Annual general Meeting to be held on 12th August 2025
GROBTEA · price
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The Grob Tea Company Limited has informed the exchanges that its Annual General Meeting (AGM) will be held on Tuesday, 12th August 2025 at 2:00 PM through video conferencing. The AGM will consider 8 resolutions, including adoption of audited financial statements for FY 2024-25, declaration of a dividend, and re-appointment of directors. Key resolutions include the re-appointment of Mr. Mukesh Kumar Agarwal as Whole-time Director for 3 years (June 1, 2025 to May 31, 2028) with an increased basic salary of Rs. 6 lakh per month (ceiling of Rs. 8 lakh per month), and the re-appointment of Mr. Niraj Kumar Harodia as Independent Director for a second 5-year term ending December 29, 2030. A new Secretarial Auditor (M/s MR & Associates) is proposed for FY 2025-26 to FY 2029-30, with the Cost Auditor's remuneration of Rs. 40,000 for FY 2025-26 up for shareholder ratification. The cut-off date for voting eligibility is August 5, 2025, with remote e-voting open from August 9-11, 2025, and share transfer books closed from August 6-12, 2025.
Shareholders on the register as of August 5, 2025 will be eligible to vote and receive any declared dividend. The book closure window (August 6-12) means investors need to hold shares before that date to participate. The proposed increase in promoter-director remuneration and routine auditor appointments are standard governance items requiring shareholder approval but are not expected to materially affect the stock price.