Indong Tea Company Limited has scheduled its 36th Annual General Meeting for Monday, September 28, 2026, at 11:00 am. The Board of Directors approved the convening of the meeting and related matters in a session held on Thursday, September 3, 2026. Electronic dispatch of the Annual Report and AGM Notice was completed on that date.

The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs circulars. The company published newspaper advertisements on Friday, September 4, 2026, in Financial Express and Arthik Lipi to notify shareholders of the upcoming event.

Key Agenda Items

The AGM notice outlines significant changes in leadership and governance:

• Leadership Transition: Shri Hariram Garg will voluntarily step down as Managing Director effective September 28, 2026, due to health reasons. He will continue as Chairman & Executive Director. His remuneration is proposed at ₹3 lakh per month plus benefits, totaling ₹42 lakh per annum for five years.
• New Managing Director: Shri Rajesh Garg will be redesignated from Non-Executive Director to Managing Director for a five-year term starting September 28, 2026. He will not receive a salary but will be eligible for sitting fees and expense reimbursements.
• Director Reappointments: Shri Madanlal Garg, Shri Rajesh Garg (in his non-executive capacity prior to redesignation), and Smt. Rama Garg are seeking reappointment by rotation. Shri Akhil Kumar Manglik is seeking reappointment as an Independent Director for a second five-year term.
• Auditor Appointment: M/s Agarwal Kejriwal & Co is recommended for reappointment as Statutory Auditor for five years, with fees not exceeding ₹1.5 lakh.

Financial Performance FY26

The explanatory statement reveals a decline in revenue and a shift to losses in FY26 compared to FY25.

Despite the operating loss, Total Comprehensive Income rose significantly due to Other Comprehensive Income (OCI) of ₹114.01 lakh in FY26, compared to a loss of ₹29.60 lakh in FY25. The company attributes the operational challenges to increased labor costs, input price fluctuations, and adverse weather conditions.

E-Voting Details

Shareholders can cast their votes electronically via National Securities Depository Limited’s platform. The remote e-voting period commences on Friday, September 25, 2026, at 9:00 am and concludes on Sunday, September 27, 2026, at 5:00 pm.

Members holding shares as on the cut-off date are eligible to vote. Those who do not cast votes remotely may exercise their rights during the AGM via the e-voting system. The Board has appointed Ms. Puja Pujari as the Scrutinizer for the remote e-voting process.

Shareholder Instructions

The Notice and Annual Report for the financial year ended March 31, 2026, are available on the company website and stock exchange portals. Shareholders without registered email addresses must update their details with their Depository Participants or the Registrar and Share Transfer Agent, Cameo Corporate Services Limited.

Physical shareholders must submit folio numbers and self-attested PAN cards to Cameo Corporate Services in Chennai or via email to register for communications. Demat holders should contact their respective depository participants directly. No physical copies of the Annual Report will be sent except to members who specifically request them.

Register Closure

The Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Indong Tea Company disclosed that promoter Hariram Garg purchased 16,000 equity shares through on-market transactions between August 24, 2026 and August 29, 2026. The acquisition was made under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Garg held 26,50,661 equity shares prior to the transaction, representing 13.65% of the company's paid-up equity share capital. The purchase increased his holding to 26,66,661 shares, raising his stake to 13.73%. The total value of the acquisition was ₹1,31,735.

Transaction Details

The company notified the BSE Limited on August 31, 2026 regarding the change in promoter holding. The disclosure confirms the mode of acquisition as on-market purchases. The filing also references compliance with Regulation 29(2) & 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

What the Numbers Show

The acquisition represents a modest increase in promoter confidence, with the stake rising by 0.08 percentage points. The low absolute value of the transaction relative to the share count suggests the trades occurred at lower price levels or were spread across multiple small executions during the five-day window.