AGM Details
The 29th Annual General Meeting will be held on Wednesday, August 19, 2026 at 3:00 P.M. (IST) via Video Conferencing/Other Audio-Visual Means ('VC'/'OAVM').
Ordinary Business Items
1. To receive, consider and adopt the Financial Statements for the year ended March 31, 2026, including audited Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, and Reports of Board of Directors and Auditors.
2. To declare a dividend of ₹2.00 per equity share for the financial year ended March 31, 2026.
3. To appoint a director in place of Ms. Bharati Dhanuka (DIN: 02397650), who retires by rotation and offers herself for re-appointment.
Special Business Items
4. Approval of remuneration of Mr. Chandra Kumar Dhanuka (DIN: 00005684) in line with Schedule V of the Companies Act, 2013 for the remaining tenure till December 31, 2028. The remuneration package includes:
- Salary: ₹1,95,000 per month in the grade of ₹1,95,000 – 15,000 - 2,55,000
- Perquisites: Housing (rent-free furnished accommodation or 50% HRA), medical reimbursement, LTC, club fees, credit cards, leave, personal accident insurance (premium up to ₹20,000), company car with driver
- Telephone facilities at residence and mobile
- Commission: Up to 2.50% of net profits
- Other benefits: PF contribution at 12% of salary, leave encashment at end of tenure
- Minimum remuneration payable in case of loss or inadequate profits
5. Ratification of remuneration of Cost Auditors M/s. Mani & Co (Firm Registration No. 000004) amounting to ₹2.50 lakh plus applicable taxes and reimbursement of out-of-pocket expenses for FY2026-27.
Key Dates and Procedures
- Register of Members and Share Transfer Books will remain closed from August 13, 2026 to August 19, 2026 (both days inclusive)
- Remote e-voting period: August 15, 2026 (9:00 AM) to August 18, 2026 (5:00 PM)
- Cut-off date for voting rights: August 12, 2026
- Scrutinizer: Mr. Kailash Chandra Dhanuka (FCS-2204; CP-1247), Practicing Company Secretary
- Members can register as speakers for the AGM by email to urmi@dhunseritea.com by August 12, 2026
Financial Information Disclosure
As required under Schedule V of Companies Act, 2013 for Mr. Chandra Kumar Dhanuka's remuneration approval:
- Nature of Industry: Plantation Industry
- Financial Performance (₹ in lakhs):
- Total Expenses: 34,066.05
- Profit/(Loss) from Continuing Operations Before Exceptional Item and Tax: (398.55)
- Exceptional Item: 639.42
- Profit/(Loss) from Continuing Operations: 240.87
- Tax Expense: Current Tax (108.40), Deferred Tax Credit (240.74)
- Profit/(Loss) for the year: 590.01
Foreign Subsidiaries
The Company has six wholly owned subsidiaries outside India:
1. Dhunseri Petrochem & Tea Pte Ltd (DPTPL)
2. Makandi Tea & Coffee Estates Ltd (MTCEL)
3. Kawalazi Estate Company Ltd (KECL)
4. A.M. Henderson & Sons Ltd. (AMHSL)
5. Chiwale Estate Management Services Ltd (CEMSL)
6. Ntimabi Estate Ltd (NEL)
The entire share capital of AMHSL, CEMSL & NEL is held by MTCEL, which along with KECL is held by DPTPL, and DPTPL is wholly owned by Dhunseri Tea & Industries Limited.
Director Information
- Ms. Bharati Dhanuka: Holds no shares in the company, attended 6 out of 6 board meetings
- Mr. Chandra Kumar Dhanuka: Holds 13,656 shares, attended 6 out of 6 board meetings
- Mr. Dhanuka's previous remuneration: ₹35,39,410
- Ms. Dhanuka's previous remuneration: ₹61,35,600
Additional Information
- The notice is being sent electronically in compliance with MCA and SEBI circulars
- Members must update PAN, address, email ID, mobile number, bank account details, specimen signature and nomination details with the RTA if holding physical shares
- Unclaimed dividends for 2018-19 will be transferred to IEPF on September 19, 2026
- The company website is www.dhunseritea.com
- RTA: M/s. Maheshwari Datamatics Private Limited