Terai tea company has filed its quarterly compliance certificate with stock exchanges and depositories for the quarter ended 31st March, 2026. The submission, made on 10th April, 2026, fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Quarterly Compliance Certificate Details

The certificate was submitted pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Rajesh Singhania digitally signed and submitted the document to multiple regulatory bodies and stock exchanges.

Dematerialisation Status

According to the certificate issued by Maheshwari Datamatics Pvt. Ltd., the company's Registrar and Transfer Agent, no dematerialisation requests for equity shares were confirmed during the reporting period. This information was formally communicated to ensure compliance with regulatory requirements.

Regulatory Submissions

The compliance certificate was submitted to multiple regulatory authorities and stock exchanges where the company's shares are listed:

• Bombay Stock Exchange Ltd. (Scrip Code: 530533)
• Calcutta Stock Exchange Association Ltd. (Scrip Code: 30105)
• National Securities Depository Ltd.
• Central Depository Services (India) Limited

Company Information

Terai Tea Company Limited operates from its registered office at East India House, 2nd Floor, 20B, British Indian Street, Kolkata-700069, West Bengal. The company maintains its regulatory compliance through systematic quarterly reporting and maintains transparency with stakeholders through timely submissions to relevant authorities.

Terai Tea Company Limited has issued a corrigendum to correct the disclosure details regarding its divestment of 47.73% shareholding in associate company Terai Dooars Tea Co. Pvt Ltd. The corrected filing, submitted on April 6, 2026, provides updated transaction details following the company's initial disclosure dated April 4, 2026.

Corrected Transaction Details

The corrigendum reveals significant corrections to the previously disclosed transaction information. The company transferred 2,62,500 equity shares representing 47.73% stake to Mr. Uday Narayan Sharma, with the transaction completed on March 30, 2026.

Financial Contribution of Associate Company

The associate company's financial contributions to the parent entity remained consistent with previous disclosures. Terai Dooars Tea Co. Pvt Ltd contributed ₹417.95 lakhs to turnover, representing 4.06% of total turnover during the last financial year. The company also contributed ₹198.97 lakhs to net worth, accounting for 1.93% of total net assets.

Regulatory Compliance and Disclosure

The company acknowledged that the transaction disclosure was made after the prescribed timeline under SEBI regulations. Terai Tea Company Limited informed the Bombay Stock Exchange and The Calcutta Stock Exchange that the intimation was inadvertently delayed beyond the required timeframe specified in the Master Circular for SEBI Listing Obligations and Disclosure Requirements.

Transaction Structure and Buyer Details

Mr. Uday Narayan Sharma, the acquirer, is not affiliated with the promoter, promoter group, or group companies of Terai Tea Company Limited. The transaction has been classified as a non-related party transaction, ensuring arm's length dealing principles are maintained. The divestment follows regular business practices for share transfers and does not fall under any scheme of arrangement.

Following the completion of this divestment, Terai Dooars Tea Co. Pvt Ltd ceased to be an associate company of Terai Tea Company Limited with effect from March 30, 2026. The corrigendum was signed by Company Secretary & Compliance Officer Rajesh Singhania and submitted to both stock exchanges where the company is listed.