T & I Global has scheduled its 36th Annual General Meeting (AGM) for Friday, September 11, 2026, at 2:00 pm. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs guidelines. Shareholders on record as of September 4, 2026, are eligible to vote via remote e-voting through NSDL.

Key Agenda Items

The Board of Directors has placed several resolutions before shareholders for approval during the meeting. The primary ordinary business involves adopting the audited financial statements for FY26 and the reappointment of Mr. Harish Mittal as a Director by rotation.

Under special business, shareholders are asked to ratify the remuneration of M/s. Sarkar & Associates as Cost Auditors for FY26. The approved fee is ₹20,000 plus applicable taxes and reimbursement of actual travel expenses.

Related-Party Transactions

A significant item on the agenda is the approval of material-related party transactions for FY27. The company seeks consent for arrangements with related parties valued at up to ₹130 crore. These transactions primarily involve trade activities with M/s T & I Projects (P) Ltd., a supplier of machinery in which promoters hold directorships. The Board states these transactions are entered into on an arm’s length basis at reasonable market prices.

Management Reappointments

Shareholders are also requested to approve the reappointment of Mr. Viraj Bagaria as Whole-time Director for a three-year term effective from October 1, 2026. His annual remuneration, including salary, perquisites, and allowances, is fixed at ₹70 lakh.

Mr. Bagaria, who holds a BSc in Agricultural and Biological Engineering from the University of Illinois, brings expertise in tea machinery and agro-processing solutions. He is the son of Mr. Vineet Bagaria.

Section 186 Authorisation

The company seeks shareholder approval under Section 186 of the Companies Act, 2013, to extend loans, provide guarantees, or acquire securities of other bodies corporate. The total outstanding limit for such investments and loans is capped at ₹100 crore at any given time. This authorisation aims to enable optimum use of available funds for strategic business objectives.

Voting and Participation Details

Remote e-voting will commence on Monday, September 7, 2026, at 9:00 am and conclude on Thursday, September 10, 2026, at 5:00 pm. Institutional shareholders must submit scanned copies of board resolutions or authority letters to the scrutinizer via email. Physical shareholders without registered email addresses can register by submitting required documents to the company secretarial department.

CS Smita Sharma of M/s Smita Sharma & Associates has been appointed as the Scrutinizer to oversee the voting process. Results will be declared within 48 hours of the meeting's conclusion and published on the company website and stock exchange portals.

T & I Global Limited reported a net profit of ₹183.35 lakh for the quarter ended June 30, 2026, marking a 29% decline from the ₹258.11 lakh earned in the same period of FY26. The Kolkata-based manufacturer saw revenue from operations fall 12% year-on-year to ₹3,028.25 lakh, driven primarily by softer demand in its core business verticals.

The Board of Directors approved the unaudited financial results during a meeting held on August 14, 2026. The figures were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Agarwal & Associates, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Segment Performance

The company’s performance was largely dictated by its Tea Machinery segment, which contributed ₹2,739.72 lakh to total revenue, down from ₹2,966.32 lakh in Q1FY26. While the segment remained profitable with a result of ₹259.89 lakh, it contracted significantly from the ₹405.98 lakh recorded in the prior year quarter.

The Tea Manufacturing segment continued to operate at a loss, reporting a segment result of (₹17.91 lakh) compared to a loss of (₹22.60 lakh) in Q1FY26. Revenue from this division fell sharply to ₹288.53 lakh from ₹485.62 lakh a year ago.

What the Numbers Show

A notable divergence exists between the company’s operational profitability and its comprehensive income statement. While the profit before tax stood at ₹241.99 lakh, the total comprehensive income for the period reached ₹371.44 lakh. This difference is largely attributable to items that will not be reclassified to profit or loss, which added ₹251.35 lakh before tax effects. This suggests that a significant portion of the company’s economic value creation in the quarter stemmed from non-operational or balance-sheet revaluation items rather than core trading activities.

Financial Highlights

Total expenses for the quarter were contained at ₹2,815.51 lakh, down from ₹3,080.89 lakh in Q1FY26, reflecting lower material costs and inventory adjustments. Other income declined to ₹29.25 lakh from ₹12.33 lakh in the prior year quarter but remains a minor contributor relative to operating revenues.

Earnings per share (basic and diluted) stood at ₹3.62, down from ₹5.09 in Q1FY26. The company’s paid-up equity share capital remained unchanged at ₹506.77 lakh.