Asian Tea & Exports Limited has completed the dispatch of the notice for its 40th Annual General Meeting (AGM) along with the annual report for FY26. The company confirmed the dispatch on September 4, 2026, following confirmation from National Securities Depository Limited (NSDL).

The 40th AGM is scheduled for Monday, September 28, 2026. The meeting will be conducted via video conferencing and other audio-visual means at 2:00 pm. The Board of Directors approved these dates during a session held on September 3, 2026. Priyarup Mukherjee, Company Secretary and Compliance Officer, issued the intimation to stock exchanges.

Meeting Logistics and Governance

The company fixed the cut-off date for reckoning voting rights as September 21, 2026. Shareholders holding shares as on the close of business hours on this date are eligible for both remote e-voting and voting during the AGM.

The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026. This closure is mandatory pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Section 91 of the Companies Act, 2013.

Ms. Puja Pujari, a Practicing Company Secretary, was appointed as the Scrutinizer for the AGM. She will oversee the voting process to ensure fairness and transparency in compliance with regulatory norms.

Disclosures Approved

The Board also approved the Notice of the 40th AGM along with the Directors Report, Management Discussion & Analysis Report, and Corporate Governance Report for FY26. These documents provide shareholders with insights into the company’s performance and governance practices for the financial year ended March 31, 2026.

Asian Tea & Exports board approved significant leadership changes on August 28, 2026. Hariram Garg steps down as Managing Director due to health issues, with his son Sunil Garg taking over the role effective September 28, 2026.

The Kolkata-based company also announced the appointment of Raunak Garg as Chief Financial Officer, succeeding Rajesh Garg who resigned due to preoccupation. The changes require shareholder approval.

Key Appointments and Resignations

The Board of Directors approved the following items during its meeting held on August 28, 2026:

• Hariram Garg: Voluntarily stepping down as Managing Director to focus on health. He will continue as Chairman and Non-Executive Director subject to member approval.
• Sunil Garg: Appointed as Managing Director for a five-year term starting September 28, 2026. He currently serves as a Non-Executive Non-Independent Director.
• Rajesh Garg: Resigned as Chief Financial Officer effective September 7, 2026.
• Raunak Garg: Appointed as Chief Financial Officer effective September 7, 2026.
• Akhil Kumar Manglik: Re-appointed as Non-Executive Independent Director for five years starting September 6, 2026.

Governance and Compliance

All appointments and resignations were made based on recommendations from the Nomination and Remuneration Committee. The disclosures comply with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Sunil Garg and Raunak Garg are not debarred from holding office by any SEBI order or other authority, as per BSE Circular LIST/COMP/14/2018-19.

Leadership Profiles

Sunil Garg holds a commerce degree from Calcutta University. He brings over 25 years of experience in marketing and distribution of agricultural inputs for the tea industry. He has previously served as a distributor for several multinational companies.

Raunak Garg is a graduate in Economics and Mathematics from Emory University in Atlanta, USA. He has been associated with the business administration of the company for over eight years.

Akhil Kumar Manglik is a practicing Chartered Accountant with over 35 years of experience in wealth management and family office planning. He is a Gold Medalist in Commerce from Calcutta University and ranked AIR-8 in CA examinations.