Rossell India Limited

Meeting Details

The 32nd Annual General Meeting of Rossell India Limited was held on Tuesday, 25th August 2026 at 11:00 AM IST through Video Conferencing/Other Audio-Visual Means using NSDL virtual meeting platform. The meeting was conducted in compliance with Ministry of Corporate Affairs circulars.

Attendance

All Board Members were present, including:

  • Mr. Harsh Mohan Gupta, Executive Chairman and Managing Director (Chairman of the meeting)
  • Mr. N. K. Khurana, Director (Finance) and Company Secretary
  • Chairpersons of Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and CSR Committee

Statutory Auditors and Secretarial Auditors (who also served as Scrutinizer) were also present.

Voting Process

Remote e-voting was conducted from Friday, 21st August 2026 (9:00 AM IST) to Monday, 24th August 2026 (5:00 PM IST). The cut-off date for voting eligibility was Tuesday, 18th August 2026. E-voting during the AGM was available for 30 minutes after the meeting concluded.

Scrutinizer Appointment

Mr. A. K. Labh, partner of M/s. LABH & LABH Associates, Company Secretaries, was appointed as Scrutinizer to scrutinize the e-voting process.

Business Performance and Highlights

The Chairman highlighted the company's performance during financial year 2025-2026 and prospects for 2026-2027. Key sustainability initiatives discussed:

  • Expansion of solarization program to four additional Tea Estates following successful installation at Kharikatia Tea Estate in 2024
  • Sixth solar plant planned at Nokhroy Tea Estate
  • Ongoing initiatives in afforestation, regenerative agriculture practices, and biochar use
  • Implementation of new ERP system across all Tea Estates and Head Office for better connectivity
  • Four Tea Estates (Dikom, Nagrijuli, Romai, and Kharikatia) certified Carbon Neutral by Nansen Environmental Research Centre
  • Carbon assessment study for Dhoedaam Tea Estate completed with positive results expected

Industry Challenges Discussed

The Chairman highlighted challenges facing the Indian tea industry:

  • Climate change and erratic weather patterns
  • Increased incidence of pests and diseases
  • Growing competition from tea producing countries like Africa, Nepal, and Vietnam

Agenda Items

The Notice convening the AGM and Auditors' Report were taken as read. All 9 (nine) agenda items of the Notice were stated for information of Members.

Member Participation

A total of 19 pre-registered Members spoke and raised various issues including:

  • Company's business and potential acquisition of additional Tea Estates
  • Business model and future plans/outlook of the Company

The Chairman responded to all queries and provided clarifications/explanations.

Results Declaration

The e-voting results were scheduled to be declared within two working days. The results along with the Consolidated Scrutinizers Report were to be advised to Stock Exchanges and uploaded on the company's website and NSDL's website.

Meeting Duration

The meeting concluded at 12:23 PM followed by e-voting for 30 minutes thereafter.