NOTICE OF MEETING OF EQUITYSHAREHOLDERS OF WARREN TEA LIMITED CONVENED PURSUANT TO ORDER OF NCLT ON THURSDAY,18TH JUNE,2026 AT 11.30 AM
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Warren Tea Limited, a BSE-listed tea production company, is convening a shareholder meeting on June 18, 2026 to seek approval for amalgamating with Maple Hotels & Resorts Limited (unlisted). Both companies fall under the same Goenka promoter group. Under the scheme, Warren Tea shareholders will receive 1 equity share of Maple Hotels for every 1 share held (1:1 exchange ratio). The appointed date for the amalgamation is April 1, 2025. NCLT Kolkata passed the order for this meeting on April 28, 2026. The scheme rationale includes unlocking value of hotel business, creating a listed hospitality entity, and achieving cost efficiencies through combined operations. BSE has already issued its observation letter with no adverse observations dated February 2, 2026.
If approved, Warren Tea shareholders will become shareholders of a listed hospitality company (Maple Hotels) and Warren Tea will be dissolved. The stock may see price volatility around the meeting and voting dates as investors react to the change in business profile from tea to hospitality.