Dhunseri Tea & Industries Ltd

AGM details

• Date and mode: 19 August 2026, VC/OAVM.
• Time: 3:00 PM IST; remote voting window 15–18 August 2026.
• Record date for voting: 12 August 2026.

Resolutions and outcomes

• Adopt financial statements for year ended 31 March 2026 — passed.
• Dividend resolution: declare dividend of Rs 2.00 per equity share — passed.
• Re-appoint Bharati Dhanuka as director by rotation — passed.
• Remuneration to Mr. Chandra Kumar Dhanuka for remaining tenure — passed.
• Ratify Cost Auditors' remuneration for 2026-27 — passed.

Governance and auditors

• Director changes: Bharati Dhanuka re-appointed.
• Cost Auditor remuneration ratified for 2026-27.

AGM Details

• Date and time: 19 August 2026, 3:00 PM IST.
• Mode: VC/OAVM.

Resolutions

• Ordinary Resolution 1: Adoption of financial statements for FY ended 31 March 2026.
• Ordinary Resolution 2: Declaration of dividend of Rs. 2.00 per share for FY ended 31 March 2026.
• Ordinary Resolution 3: Re-appointment of Bharati Dhanuka (retiring by rotation).
• Special Resolution 4: Approval of Chandra Kumar Dhanuka’s existing remuneration.
• Ordinary Resolution 5: Ratification of remuneration of Mani & Co., Cost Auditors for 2026-27.

Voting Status

• Voting results pending; to be declared by August 21, 2026.
• Remote e-voting conducted Aug 15–18, 2026; members could vote 30 minutes after meeting.

Dividend

• Dividend proposed: Rs 2.00 per share for FY 2026.

Directors

• Appointment/re-appointment of Bharati Dhanuka (retiring by rotation).

Auditors

• Remuneration ratification for Cost Auditors M/s Mani & Co. for 2026-27.

Financial results and audit conclusions

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Audit Committee and Board approved on 12 August 2026.
• Independent reviews by S.R. Batliboi & Co. LLP issued with unmodified conclusions.
• Standalone results prepared under Ind AS; disclosures per SEBI Listing Regulations; unmodified.
• Consolidated results also unaudited with unmodified review conclusions.
• Prior Balijan/Deohall asset sales excluded from current quarter; Rs 434.62 lakhs noted.
• Malawi subsidiaries restated under Ind AS 29; quarter net loss Rs 39 lakhs (non-cash).
• Group is tea and macadamia estates; seasonality affects quarterly comparability.
• Results extraction for newspaper publication planned.

Governance and disclosures

• No director, auditor, or key management changes disclosed.
• Notes outline group structure with DTIL and subsidiaries; no governance changes disclosed.
• Audit notes restatement under Ind AS 29 for Malawi hyperinflation economies.
• Subsequent newspaper publication plan for the results.

• No meeting details disclosed in the excerpt.

AGM and AR access

• AGM scheduled for 19 August 2026 at 3:00 PM IST via video conferencing.
• Annual Report for FY2025-26 and AGM Notice sent electronically to registered email IDs.
• Email unregistered; AR and Notice accessible via company website and stock exchange portals.
• AR and Notice also on NSE, BSE, and NSDL websites.
• Shareholders to update email addresses: demat via DP; physical via RTA Maheshwari Datamatics.

AGM notice and annual report access

• AGM scheduled for 19 August 2026 at 3:00 PM IST via video conferencing.
• Annual Report for FY 2025-26 and AGM notice sent electronically to registered emails.
• Unregistered email addresses require access via the web link on the company's site.
• Weblink: dhunseritea.com > Investors > Financial Information > Annual Report > Year 2025-26.
• Also available on NSE, BSE, and NSDL websites.
• To update email: demat holders register with DP; physical holders contact RTA Maheshwari Datamatics.

Financial performance

• Standalone total income Rs 33,667.50 lakhs; revenue from operations Rs 32,624.34.
• Standalone PAT Rs 590.01 lakhs; Basic EPS Rs 5.62.
• Consolidated total income Rs 51,148.39 lakhs; PBT Rs 33.44 lakhs.
• Consolidated PAT Rs -250.41 lakhs; Consolidated EPS Rs -2.38.
• Dividend recommended: Rs 2 per equity share; cash outflow ~ Rs 210.15 lakhs.
• No transfer to General Reserve in 2025-26.

Operations and production

• Indian tea manufacturing: 12.20 mn kg; sales 12.13 mn kg; realizations higher.
• Offshore operations: tea 8.00 mn kg produced; sales 9.37 mn kg; macadamia 0.32 mn kg.
• Macadamia price realization higher year-on-year; production 0.32 mn kg.
• Duamara estate: multi-crop on 14.61 ha; turmeric 13 ha; ginger/cocoa/areca/ Assamese lemon 1.61 ha.
• Macau company holding: Naga Dhunseri Group Limited holds 54.56% equity as at 31-03-2026.
• Dhunseri Mauritius Pte Ltd struck off with effect from 9-Dec-2025.

Dividend & reserves

• Dividend proposed: Rs 2 per share; cash outflow around Rs 210.15 lakhs.
• No transfer to General Reserve in 2025-26.

Capital structure & liquidity

• Standalone net debt to equity: 15.19%; consolidated: 42.10%.
• Standalone total debt Rs 8,491.49 lakhs; equity Rs 54,530.58 lakhs; cash Rs 241.59 lakhs.
• Consolidated total debt Rs 24,929.52 lakths; equity Rs 52,948.70 lakhs; cash Rs 2,639.59 lakhs.
• DMPL struck off; nine Assam tea estates own; offshore subsidiaries remain.

Governance & leadership

• Board met six times during 2025-26.
• Bharati Dhanuka redesignated Executive Vice Chairman (Apr 2025–Mar 2027); then Vice Chairman (May 2025).
• Pravir Murari appointed CEO from 01-Apr-2025; Urmi Bhotika appointed Company Secretary from 01-Jul-2025.
• Audit Committee: three Independent Directors; TCWG; Nomination & Remuneration Committee active.
• AGM: 29th AGM scheduled 19-Aug-2026 via VC/OAVM; e-voting Aug 15-18.

Related party & risk management

• Promoter group: Naga Dhunseri Group Limited holds 54.56% as of 31-03-2026.
• Wholly owned overseas subsidiaries: DPTPL, Makandi Tea & Coffee Estates, Kawalazi, AMHSL, CEMSL, NEL.
• Intercompany investments: DPTPL Rs 8,482.30; OCDs Rs 6,176.28; guarantees Rs 1,330.33; interest income Rs 226.15.
• ARM’s note: related party transactions are at arm's length; disclosures via Note 39.

CSR & sustainability

• CSR policy exists; policy on company website.
• CSR Committee comprised of independent directors A. Jhunjhunwala and V. Goenka; chairperson A. Jhunjhunwala.
• No CSR expenditure in 2025-26 due to three-year negative profits.

Regulatory & AGM details

• Annual General Meeting on 19-Aug-2026; VC/OAVM; book closure 13-19 Aug 2026.
• Dividend, if approved, payable on 25-Aug-2026.
• Notice and annual report available on company and stock exchange websites; e-voting via NSDL.

AGM Details

• Date and time: August 19, 2026 at 3:00 PM IST.
• Mode: VC/OAVM.
• Register/Book closure: Aug 13–19, 2026.
• E-voting cut-off: Aug 12, 2026.

Resolutions Put to Vote

• Item 1 (Ordinary): Adopt financial statements for year ended 31 March 2026.
• Item 2 (Ordinary): Declare dividend of Rs 2.00 per equity share.
• Item 3 (Ordinary): Re-appoint Bharati Dhanuka on retirement by rotation.
• Item 4 (Special): Approve remuneration to CK Dhanuka for remaining tenure to 31 December 2028.
• Item 5 (Ordinary): Ratify remuneration of Cost Auditors for 2026-27.

Dividend

• Dividend of Rs 2.00 per equity share for FY 2025-26.

Director Changes

• Ms. Bharati Dhanuka to be re-appointed as director.
• CK Dhanuka remuneration to continue under remaining tenure.

Auditors

• Cost Auditors remuneration ratified for 2026-27: Rs 2.50 lakh plus taxes and expenses.