The Grob Tea Company Limited has submitted the Exchange a copy of Vpoting Results along with Srutinizers report of Annual General Meeting held on August 12, 2025 along with a Proceeding of AGM
GROBTEA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Grob Tea Company Limited held its Annual General Meeting on August 12, 2025, through video conferencing, where 22 members attended. Shareholders approved all 8 resolutions with overwhelming majority (99.9998% in favor), representing 81.38% of total share voting participation. Key approvals included adoption of audited financial statements for FY25, declaration of a dividend of Rs 3 per equity share (face value Rs 10), and reappointment of Mrs. Indra Agarwal as director retiring by rotation. Shareholders also approved the re-appointment of Mr. Mukesh Kumar Agarwal as Whole-time Director and an increase in his remuneration, along with the re-appointment of Mr. Niraj Kumar Harodia as Independent Director. Additionally, M/s MR & Associates was appointed as Secretarial Auditor and the remuneration of the Cost Auditor for FY26 was ratified. The AGM concluded at 02:24 PM with all resolutions deemed passed.
The passing of all resolutions with near-unanimous support reflects strong shareholder confidence in management. The Rs 3 per share dividend provides a modest payout to investors, while the re-appointments and management decisions signal continuity in leadership. This is a routine procedural filing with no negative signals, likely to have neutral to mildly positive sentiment for shareholders.