Amalgamations Private Limited, identified as a member of the promoter group, has confirmed that it has not created any encumbrance on its shareholding in United Nilgiri Tea Estates Company Limited as of March 31, 2026. This declaration provides assurance to the market regarding the status of the promoter's holdings, ensuring that the shares are free from charges such as pledges or hypothecation. The confirmation is significant for shareholders as it indicates stability in the ownership structure of the company.

The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to periodically confirm the status of their holdings to the stock exchanges. The confirmation was addressed to the National Stock Exchange of India and the Audit Committee of United Nilgiri Tea Estates Company Limited.

Shareholding Details

The declaration specifies the exact number of shares held by the promoter group entity as of the stated date. The table below outlines the holding details provided in the filing.

The document confirms that the 4,09,213 equity shares held by Amalgamations Private Limited are free from any direct or indirect encumbrance. The filing was signed by S. Venkataraman, Assistant Vice President of Amalgamations Private Limited, on behalf of the entity.

The United Nilgiri Tea Estates Company Limited has fixed Friday, July 31, 2026, as the record date to determine the eligibility of equity shareholders for a dividend, subject to shareholder approval. The Register of Members and Share Transfer Books will remain closed from Saturday, August 1, 2026, to Friday, August 7, 2026, for this purpose. This closure coincides with the company's 104th Annual General Meeting (AGM), which is scheduled to be held on August 7, 2026, at 4.00 PM through Video Conference (VC) or Other Audio-Visual Means (OAVM).

The Board of Directors, at its meeting held on June 4, 2026, approved the recommendation to appoint Mr. Anand Raghavan as an Independent Director. This appointment is subject to the approval of the members and will be for a term of three years, commencing from the conclusion of the 104th AGM until the conclusion of the 107th AGM to be held in 2029. Mr. Raghavan will not be liable to retire by rotation.

Mr. Anand Raghavan is a seasoned Chartered Accountant with over three decades of experience in financial services, regulatory advisory, and corporate governance. His professional background includes executive and board-level positions at leading institutions such as Sundaram Finance and Ernst & Young LLP. His expertise covers NBFC regulations, corporate taxation, foreign investment, restructuring, and board-level compliance.

The Board's decision follows the recommendation of the Nomination and Remuneration Committee. The necessary disclosures regarding the appointment were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular dated January 30, 2026.

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