BSEWarren Tea Ltd-$MediumNeutral
Announced Thu, 9 Apr · 13:18 IST

Intimation under Regulation 30 of the SEBI(LODR) Regulations 2015 -Notice of Postal Ballot and Calender of Events

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹38.02
prior close
₹38.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-1.7+1.0+1.4+0.5+2.7+3.0+3.0+3.4+0.8+19.8+23.6
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AI summary

Warren Tea Limited is conducting a postal ballot for shareholder approval on three resolutions. The main items are: (1) appointment of Mr. Vivek Goenka as a Director, and (2) his appointment as Whole Time Director designated as Vice Chairman & Managing Director for 3 years effective April 1, 2026 with monthly salary of Rs. 4,70,000 plus perquisites. (3) Continuation of Mr. Vinay Kumar Goenka as Non-Executive Director designated as Chairman from April 1, 2026, after stepping down as Executive Chairman. Mr. Vivek Goenka is a related party and brings significant tea industry experience, having served as the youngest Chairman of the Indian Tea Association. The voting period runs from April 13, 2026 to May 12, 2026.

Likely market impact

This represents a significant leadership transition at Warren Tea, with Mr. Vivek Goenka taking executive control while his father transitions to a non-executive chairman role. Shareholders should note this involves a related party transaction requiring special resolution approval with related parties excluded from voting.