Financial Results
The Board approved and adopted the unaudited standalone financial results for the quarter ended June 30, 2026:
- Revenue from operations: ₹26.18 crore (Q1 FY27) vs ₹20.02 crore (Q1 FY26)
- Total income: ₹27.14 crore (Q1 FY27) vs ₹20.60 crore (Q1 FY26)
- Profit before tax: ₹5.52 crore (Q1 FY27) vs ₹1.66 crore (Q1 FY26)
- Net profit: ₹5.52 crore (Q1 FY27) vs ₹1.66 crore (Q1 FY26)
- Earnings per share (basic & diluted): ₹3.68 (Q1 FY27) vs ₹1.11 (Q1 FY26)
- Paid-up equity share capital: ₹7.50 crore (face value ₹5 each)
The results were reviewed by the Audit Committee and subjected to limited review by statutory auditors B Nath & Co, who issued an emphasis of matter regarding non-recognition of a portion of gratuity liability as per Ind AS 19.
Capital Raising
Approved raising funds through preferential issuance of:
- 4,074,075 equity convertible warrants
- Issue price: ₹27 per warrant (₹5 face value + ₹22 premium)
- Total amount: ₹11,00,00,025 (₹11 crore)
- Allottees: Promoters and promoter group (Sandeep Singhania, Sarita Singhania, Devang Singhania, Vani Singhania, Diana Capital Limited)
- Warrants convertible into equity shares within 18 months from allotment date
- Post-issue promoter holding expected to increase to 54.56% on fully diluted basis
Corporate Approvals
1. Enhanced borrowing limits under Section 180(1)(a) of Companies Act, 2013 to ₹100 crore for sale, mortgage, or charge on company assets
2. Approved threshold limits under Section 186 of Companies Act, 2013 for loans/guarantees/investments up to ₹100 crore
3. Adoption of new Memorandum of Association aligned with Companies Act, 2013
4. Adoption of new Articles of Association aligned with Companies Act, 2013
5. Approved Board's Report for financial year ended March 31, 2026
All above approvals subject to shareholder approval at ensuing Annual General Meeting.
Management Changes
Re-appointed Mrs. Sarita Singhania (DIN: 00343786) as Whole-Time Director for five years from November 11, 2026 to November 10, 2031, subject to shareholder approval.
Corporate Calendar
- 115th Annual General Meeting scheduled for September 11, 2026 at 3:00 PM through video conferencing
- Register of Members and Share Transfer Books to remain closed from September 5-11, 2026
- Cut-off date for voting rights: September 4, 2026
Additional Information
- Meeting duration: 3:15 PM to 5:50 PM on August 12, 2026
- Documents available on company website (www.dianatea.in) and BSE website
- Company primarily engaged in tea cultivation and manufacturing business
- Seasonal business impacted by weather conditions and cropping patterns