Kanco Tea Resumes Mackeypore Ops as Floodwaters Recede

0 min read     Updated on 22 Jul 2026, 05:12 PM
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Kanco Tea & Industries reports that floodwaters have subsided at both its Bamonpookrie and Mackeypore Tea Estates following severe flooding caused by incessant rainfall and a cloudburst in neighbouring Nagaland. While an Insurance Surveyor conducts an initial damage assessment at Bamonpookrie — where approximately one foot of residual sludge remains — operations at Mackeypore have normalized, with green tea leaf plucking and manufacturing resuming on July 21, 2026.

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Kanco Tea & Industries has reported that water levels have subsided at its Bamonpookrie Tea Estate, leaving approximately one foot of residual sludge in affected areas. An Insurance Surveyor is currently on site conducting an initial assessment of the damage. The company stated that further inspection is required to fully evaluate machinery damage, ascertain the extent of the problems, and establish the necessary steps for recovery and restoration.

In a positive development, operations at Mackeypore Tea Estate have normalized. The company confirmed that the water level has reduced, allowing the plucking of green tea leaves and the manufacturing of teas to resume on July 21, 2026. This update follows the company's earlier intimation regarding the severe flooding triggered by incessant rainfall and a cloudburst in neighbouring Nagaland, which had previously halted production and impacted critical infrastructure including labour and staff quarters.

Estate Status
Bamonpookrie Tea Estate Water subsided; insurance surveyor assessing damage
Mackeypore Tea Estate Plucking and manufacturing resumed on July 21, 2026

The company has assured that further updates regarding the situation and the restoration of full operations will be provided in due course.

Historical Stock Returns for KanCo Tea & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.09%-0.67%-11.78%-31.03%-30.17%-31.42%

What is the estimated timeline for the complete restoration of operations at the Bamonpookrie Tea Estate?

How will the insurance claim process impact the company's financial statements for the current fiscal year?

What measures is the company taking to mitigate future risks of similar flooding and infrastructure damage?

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Kanco Tea & Industries to hold 43rd AGM on August 21, 2026

2 min read     Updated on 22 Jul 2026, 02:54 PM
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Kanco Tea & Industries Limited will conduct its 43rd Annual General Meeting on August 21, 2026, via video conferencing. The agenda includes adopting the audited financial statements for the year ended March 31, 2026, and appointing a director to replace Mr. Dipankar Samanta. Shareholders will vote on ratifying the remuneration of Cost Auditors M/s A.C. Dutta & Co. at ₹60,000 per annum and re-appointing Ms. Shruti Swaika as an Independent Director for a five-year term.

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Kanco Tea & Industries Limited will hold its 43rd Annual General Meeting on Friday, August 21, 2026, at 11:30 A.M. through video conferencing and other audio visual means. The meeting will be conducted without the physical presence of members at a common venue, with the registered office serving as the deemed venue. Central Depository Services Limited will provide the facility for remote e-voting and participation during the AGM. The company has fixed Thursday, August 13, 2026, as the cut-off date to determine member eligibility for voting and attending the meeting.

Pursuant to Section 91 of the Companies Act, 2013, the register of members and share transfer books of the company will remain closed from Friday, August 14, 2026, to Friday, August 21, 2026, both days inclusive, for the purpose of the 43rd AGM. Members participating through the video conferencing facility will be reckoned for the purpose of quorum under Section 103 of the Companies Act, 2013. The remote e-voting period commences on Tuesday, August 18, 2026, at 9:00 a.m. IST and concludes on Thursday, August 20, 2026, at 5:00 P.M. IST.

The notice of the 43rd AGM along with the Annual Report 2025-2026 will be sent only through electronic mode to members whose email addresses are registered with the company or depository participants. For shareholders without registered email addresses, a letter providing the web link to the annual report will be sent to their registered address in compliance with SEBI (LODR) Regulations, 2015. Members holding shares in physical form must register or update their details in the prescribed Form ISR 1 with MUFG Intime India Private Limited, the Registrar and Share Transfer Agent.

The agenda for the meeting includes the adoption of audited financial statements for the financial year ended March 31, 2026, and the appointment of a director in place of Mr. Dipankar Samanta, who retires by rotation. Special business includes the ratification of remuneration payable to M/s A.C. Dutta & Co., Cost Auditors, at ₹60,000 per annum plus applicable taxes and reimbursement of expenses for the financial year ending March 31, 2027. Additionally, the meeting will consider the re-appointment of Ms. Shruti Swaika as an Independent Director for a second term of five consecutive years with effect from May 6, 2027.

Event Date
AGM Date August 21, 2026
Book Closure Start August 14, 2026
Book Closure End August 21, 2026
Cut-off Date August 13, 2026
Remote E-voting Start August 18, 2026
Remote E-voting End August 20, 2026

Historical Stock Returns for KanCo Tea & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.09%-0.67%-11.78%-31.03%-30.17%-31.42%

What strategic priorities will the newly appointed director and re-appointed Independent Director focus on during their terms?

How will the adoption of the audited financial statements for FY 2025-26 influence the company's dividend policy and capital allocation strategy?

What are the growth drivers Kanco Tea & Industries anticipates for the upcoming fiscal year following the AGM?

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1 Year Returns:-30.17%