Dhunseri Tea & Industries Limited will convene its 29th Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 3:00 P.M. (IST) through Video Conferencing or Other Audio Visual Means. The meeting aims to transact the business outlined in the notice dated May 25, 2026. Shareholders must ensure their names appear in the Register of Members as of the cut-off date, Wednesday, August 12, 2026, to exercise voting rights. The remote e-voting period commences at 9:00 A.M. (IST) on Saturday, August 15, 2026, and concludes at 5:00 P.M. (IST) on Tuesday, August 18, 2026.

The company dispatched the Annual Report and Accounts for FY26 along with the AGM notice on July 27, 2026, to registered email addresses. This dispatch complies with the Companies Act, 2013, and the SEBI (LODR) Regulations, 2015. Members who did not receive the digital report can access it via the web-link provided in a separate letter sent by the company. The documents are also available on the company’s website and the National Securities Depository Limited (NSDL) e-voting portal.

Key Dates and Deadlines

Members holding shares in dematerialized form must have registered their bank account details and email addresses with their respective Depository Participants. Those holding physical shares are required to update these details by submitting Form ISR-1 or ISR-2 to the Registrars & Share Transfer Agents, M/s. Maheshwari Datamatics Private Limited. Forms are available on the company’s website.

Voting Procedures

The company provides both remote e-voting and e-voting during the AGM. Members who cast their votes remotely may still attend the meeting but cannot vote again during the session. New shareholders who acquired shares after the dispatch of the annual report but before the cut-off date can obtain login credentials by emailing evoting@nsdl.com . Existing NSDL users may use their current User ID and password.

Urmi Bhotika, Company Secretary & Compliance Officer, signed the communication dated July 28, 2026. The advertisement was published in Business Standard (Kolkata) on July 28, 2026. For queries, members may refer to the FAQs and E-voting User Manual on the NSDL website or contact 022-48867000.

Dhunseri Tea & Industries Limited reported a standalone net profit of ₹590.01 lakh for the financial year ended March 31, 2026 (FY26), compared to ₹232.48 lakh in the previous year. The profit was primarily driven by exceptional items totaling ₹639.42 lakh, stemming from the sale of assets at Balijan and Deohall tea estates, which offset a loss from continuing operations before exceptional items and tax of ₹398.55 lakh. The company declared a final dividend of ₹2.00 per equity share, subject to shareholder approval at its 29th Annual General Meeting (AGM) scheduled for August 19, 2026.

The Board of Directors seeks shareholder approval for the remuneration of Managing Director Mr. Chandra Kumar Dhanuka for the remainder of his tenure ending December 31, 2028, in compliance with Schedule V of the Companies Act, 2013. The proposed remuneration includes a monthly salary of ₹1,95,000, housing benefits, medical reimbursement, and a commission capped at 2.50% of net profits. Additionally, shareholders will vote on the re-appointment of Ms. Bharati Dhanuka as a director and the ratification of remuneration for Cost Auditors M/s. Mani & Co.

Operationally, Indian tea manufacturing increased to 12.20 million kg from 11.73 million kg in the prior year, reflecting improved agricultural practices. However, offshore operations saw a decline in tea manufacturing to 8.00 million kg from 9.16 million kg. The company also initiated multi-crop cultivation, planting turmeric across 13 hectares at Duamara Tea Estate, with production expected in winter FY27. Macadamia production rose to 0.32 million kg from 0.25 million kg.

The consolidated results show a net loss of ₹250.41 lakh for FY26, compared to a loss of ₹2,004.64 lakh in FY25. This improvement is partly attributed to hyperinflation adjustments applied to Malawi subsidiaries under Ind AS 29, which resulted in a net gain of ₹1,269.48 lakh. The consolidated revenue from operations stood at ₹47,116.00 lakh, up from ₹45,637.84 lakh in the previous year.

What the Numbers Show

The standalone profitability remains heavily dependent on non-operational exceptional items rather than core operational efficiency. While the loss from continuing operations narrowed significantly from ₹2,625.65 lakh in FY25 to ₹398.55 lakh in FY26, the core business continues to operate at a deficit. The reliance on asset disposals for profit generation suggests ongoing challenges in achieving operational breakeven through tea sales alone, despite increased production volumes in India. Shareholders should note that the declared dividend is funded by retained earnings, given the operational losses.