Tyroon tea company held a Board of Directors meeting on March 31, 2026, at its registered office in Kolkata to approve a significant corporate agreement. The meeting, which commenced at 15:30 hours and concluded at 16:05 hours, focused on formalizing a debt repayment arrangement with a related entity.

Board Resolution Details

The primary agenda item involved the approval of a conditional debt repayment agreement between Tyroon Tea Company Limited and Hasimara Industries Limited. The agreement had previously received approval from the company's Audit Committee before being presented to the board for final authorization.

Authorization and Implementation

The board passed specific resolutions to facilitate the execution of the debt repayment agreement. Director Deepak Swain received authorization to sign and execute the agreement on behalf of the company. Additionally, Company Secretary and CFO Keshab Chandra Mishra was empowered to furnish the agreement to relevant parties for subsequent action.

Regulatory Compliance

The company has classified this transaction as a non-material related party transaction under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. This classification indicates that while the transaction involves a related party, it does not meet the materiality thresholds that would require additional regulatory procedures.

Corporate Structure

Tyroon Tea Company Limited operates as an ISO 9001:2008, ISO 22000:2005, and HACCP certified company with its registered office located at McLeod House, Netaji Subhas Road, Kolkata. The company maintains its listing on the Bombay Stock Exchange with scrip code 526945, ensuring transparency and regulatory compliance in its corporate communications.

Tyroon tea company Limited has announced a board meeting scheduled for March 31, 2026, to address important financial matters related to a loan repayment agreement. The meeting represents a significant step in the company's ongoing financial management and related party transaction governance.

Board Meeting Details

The board of directors will convene on Tuesday, March 31, 2026, at the company's registered office located at McLeod House, 3 Netaji Subhas Road, Kolkata. The meeting is scheduled to commence at 3:30 PM, providing adequate time for thorough discussion of the proposed agenda items.

Loan Repayment Agreement with Hasimara Industries

The primary agenda item involves discussing a loan repayment agreement with Hasimara Industries Limited. This transaction has been specifically classified as a non-material related party transaction, indicating that while it involves a related entity, the financial impact falls below materiality thresholds established by regulatory guidelines.

The proposed agreement requires approval from the company's Audit Committee before implementation, demonstrating adherence to corporate governance protocols. This approval mechanism ensures independent oversight of related party transactions and maintains transparency in financial dealings.

Regulatory Compliance and Communication

Tyroon Tea Company Limited formally communicated this board meeting notice to the Bombay Stock Exchange on March 24, 2026, fulfilling its obligations under Regulation 29. The notice was signed by Keshab Chandra Mishra, who serves as both Company Secretary and Chief Financial Officer.

Company Background and Certifications

Tyroon Tea Company Limited operates as an ISO 9001:2008, ISO 22000:2005, and HACCP certified company, reflecting its commitment to quality management and food safety standards. The company maintains its registered office in Kolkata and has been incorporated since 1890, demonstrating a long-standing presence in the tea industry.

The upcoming board meeting underscores the company's systematic approach to financial management and its commitment to maintaining proper governance standards in all related party transactions.