NOTICE IS ALSO HEREBY GIVEN THAT THE CUT OFF DATE FOR THE PURPOSE OF ASCERTAINING THE MEMBERS ELIGIBLE FOR E-VOTING WILL BE E.O.D 9TH SEPTEMBER,2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Warren Tea Limited reported a net loss of Rs. 338 lakhs on standalone basis and Rs. 240 lakhs on consolidated basis for FY2026 (year ended March 31, 2026), compared to profits of Rs. 64 lakhs and Rs. 176 lakhs respectively in FY2025. Revenue from operations was zero as the company's tea business operations have effectively ceased, with other income declining to Rs. 169 lakhs from Rs. 446 lakhs previously. Exceptional items of Rs. 177 lakhs (write-offs) contributed to the losses. The company's associate, Maple Hotels & Resorts Ltd, contributed a profit share of Rs. 107 lakhs. The Board reappointed Garv & Associates as statutory auditors for a second consecutive 5-year term. Cash and cash equivalents declined from Rs. 103 lakhs to Rs. 21 lakhs. The 49th AGM is scheduled for September 16, 2026.
The company is facing severe financial distress with no operating revenue and mounting losses. Shareholders should note the potential merger with associate company Maple Hotels & Resorts Ltd as a possible revival strategy. The stock is already delisted from Calcutta Stock Exchange.