Meeting Details

The 36th Annual General Meeting (AGM) of Norben Tea & Exports Limited was held on Friday, 3rd July, 2026 at 11:30 A.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM) facility. The meeting was streamed live through CISCO Webex Video Conferencing.

Attendance

Company Representatives:

  • Mr. Manoj Kumar Daga, Chairman & Managing Director (Chairman of the meeting)
  • Mr. Ashok Vardhan Bagree, Independent Director and Chairman of Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee
  • Ms. Komal Bhotika, Independent Director
  • Ms. Rashmi Sharma, Independent Director
  • Mr. Balkrishan Agarwal, Non-Executive Director
  • Ms. Namrata Das, Company Secretary
  • Ms. Muskan Bhimrajka, Chief Financial Officer

External Attendees:

  • Mr. Ajay Kumar Agarwal on behalf of Agarwal A & Associates, Secretarial Auditor and Scrutinizer
  • CA. Rahul Kumar Shah, Partner of A.O. Mittal & Associates, Statutory Auditor

Meeting Proceedings

The meeting was called to order with requisite quorum present. The Chairman confirmed the meeting was held in compliance with circulars from the Ministry of Corporate Affairs and SEBI.

Ms. Namrata Das, Company Secretary, briefed shareholders about meeting guidelines and informed that e-voting facility was provided for resolutions. Members present at the AGM who had not cast votes electronically were provided opportunity to vote during the meeting.

With members' consent, the Notice convening the meeting, Audited Financial Statements, Auditors' Report and Directors Report were taken as read.

Key Disclosures

  • Auditors' Report on Annual Accounts for year ended 31st March, 2026 contained no qualifications, reservations or adverse remarks
  • Secretarial audit report for year ended 31st March, 2026 examining compliances with ICSI Secretarial Standards and SEBI LODR Regulations contained no qualifications, reservations or adverse remarks
  • Equity shares of the Company are traded at Bombay Stock Exchange and National Stock Exchange of India Limited

Business Transacted

Ordinary Business:

  • Resolution No. 1 (Ordinary Resolution): Adoption of Audited Financial Statements for year ended 31st March, 2026 and reports of Board of Directors and Auditors
  • Resolution No. 2 (Ordinary Resolution): Re-appointment of Mr. Manoj Kumar Daga (DIN: 00123386) who retires by rotation

Special Business:

  • Resolution No. 3 (Ordinary Resolution): Approval of Related Party Transactions with M/s Tongani Tea Company Ltd., repetitive in nature and in ordinary course of business for next 12 months
  • Resolution No. 4 (Ordinary Resolution): Approval of Related Party Transactions with M/s Mangalam Products Pvt. Ltd., repetitive in nature and in ordinary course of business for next 12 months

Shareholder Engagement

15 shareholders who had registered as speakers expressed their views and suggestions during the meeting. The Chairman appraised the present situation of the Company and Tea Industry.

Voting and Conclusion

The results of voting will be intimated when the Scrutinizer's Report is available. The meeting concluded at 12:43 P.M. with a vote of thanks to the Chair. The e-voting facility remained active for 15 minutes after conclusion to enable members to cast votes.