Bengal tea & fabrics Limited has successfully completed its postal ballot process under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with shareholders demonstrating overwhelming support for corporate governance initiatives by approving the appointment of two Independent Directors.

Postal Ballot Process and Timeline

The company conducted the postal ballot seeking shareholder approval for two special resolutions related to board appointments. The voting process was overseen by Mrs. Swati Bajaj of Bajaj Todi & Associates, who served as the scrutinizer for the postal ballot.

Director Appointments Approved

Both special resolutions received exceptional shareholder support, with identical voting patterns reflecting strong confidence in the proposed appointments.

Resolution 1: Mr. Arun Jhunjhunwala Appointment

Mr. Arun Jhunjhunwala (DIN: 08249715) was appointed as an Independent Director with requisite majority approval.

Resolution 2: Mr. Amitabh Sonthalia Appointment

Mr. Amitabh Sonthalia (DIN: 00212312) was also appointed as an Independent Director with identical voting support.

Shareholder Category Analysis

The voting demonstrated strong alignment across all shareholder categories:

Regulatory Compliance and Filing

The postal ballot was conducted in accordance with Section 108 and Section 110 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized remote e-voting facility provided by National Securities Depository Limited (NSDL) for the voting process.

The scrutinizer's report, dated March 21, 2026, confirmed the validity of the voting process and results. Company Secretary Himangshu Kedia communicated the results to BSE Limited on March 23, 2026, fulfilling all regulatory disclosure requirements under Regulation 44.

Corporate Governance Enhancement

The appointment of these Independent Directors strengthens Bengal Tea & Fabrics Limited's board composition and corporate governance framework. The overwhelming shareholder support, with 99.99% approval for both appointments, reflects strong confidence in the company's strategic direction and board enhancement initiatives. The successful completion of the postal ballot process demonstrates the company's commitment to transparent corporate governance practices.

Bengal tea & fabrics Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a remarkable turnaround in financial performance. The tea company reported strong operational improvements and strategic board appointments during the quarter.

Financial Performance Overview

The company's financial performance showed significant improvement across key metrics during Q3FY26:

Quarterly Results Analysis

Bengal Tea & Fabrics achieved a profit of ₹481 lakhs in Q3FY26, marking a significant turnaround from the loss of ₹13 lakhs recorded in Q3FY25. Revenue from operations grew substantially by 35.8% to ₹2,011 lakhs compared to ₹1,481 lakhs in the corresponding quarter of the previous year. Other income surged to ₹636 lakhs from ₹67 lakhs, contributing to total income of ₹2,647 lakhs.

Total expenses for the quarter stood at ₹1,829 lakhs compared to ₹1,753 lakhs in Q3FY25. The company maintained operational efficiency while achieving higher revenue, resulting in improved profitability margins.

Nine-Month Performance

For the nine months ended December 31, 2025, the company's performance remained strong:

The nine-month results showed a profit of ₹1,589 lakhs compared to ₹416 lakhs in the corresponding period of the previous year, representing a growth of 282.0%.

Board Appointments

The Board of Directors approved significant governance enhancements through new appointments:

Mr. Arun Jhunjhunwala, aged 62 years, brings over 30 years of professional experience in financial consultancy as a Chartered Accountant. Mr. Amitabh Sonthalia, aged 58 years, serves as Chief Investment Officer and Founding Director of SKS Capital & Research Private Limited, with extensive experience in equity research and investment management.

Regulatory Compliance

Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements of its unaudited financial results on February 07, 2026. The advertisements were published in "Financial Express" (English version) and "Arthik Lipi" (Bengali version) to ensure compliance with disclosure requirements.

Operational Highlights

The company continues to focus on its core tea business segment, having previously closed all other business segments. The results reflect the company's strategic focus on tea operations, with no discontinued operations during the current financial year. Bengal Tea & Fabrics maintains ISO 22000:2018 and ISO 9001:2015 certifications, along with Trustea certification, demonstrating its commitment to quality standards.