Warren Tea Limited has dissolved its board of directors and entered liquidation, according to a regulatory filing. The company stated that pursuant to Section 91 of the Companies Act, 2013, its Board of Directors has been dissolved and the entity is now in the process of winding up its affairs.

A liquidator has been appointed to oversee the realization of the company's assets. The liquidator is responsible for settling the claims of creditors and distributing the remaining assets to the shareholders. The notice, dated May 26, 2026, confirms that the liquidation process is currently underway.

The development follows the company's submission of a notice to the BSE Limited regarding the cut-off date for e-voting for its forthcoming Annual General Meeting, which was scheduled for September 16, 2026. The liquidation announcement supersedes previous procedural notices regarding the meeting.

Warren Tea Limited operates from its registered and corporate office in Kolkata. The company's Corporate Identity Number (CIN) is L01132WB1977PLC031413.

Warren Tea Limited has reported a net loss of ₹338 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹64 lakh recorded in the previous year. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on May 25, 2026. The decline in profitability was driven by a significant drop in total income and a rise in expenses.

For the year ended March 31, 2026, the company reported a total income of ₹169 lakh, a sharp decrease from ₹446 lakh in the previous year. Total expenses increased to ₹362 lakh from ₹317 lakh in the prior year. The basic and diluted earnings per share (EPS) for the year stood at (₹2.83), compared to ₹0.53 in the previous year.

Financial Performance

The standalone financial results for the fourth quarter ended March 31, 2026, showed a net loss of ₹170 lakh. The company reported an exceptional item of ₹(177) lakh for the year ended March 31, 2026, compared to ₹17 lakh in the previous year. Total comprehensive income for the period was (₹348) lakh for the current year, down from ₹193 lakh in the previous year.

Corporate Governance

The board approved the reappointment of M/s. Garv & Associates, Chartered Accountants (Firm Registration No. 301094E), as statutory auditors for a second consecutive term of five years. The appointment is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM). The 49th AGM is scheduled to be held on September 16, 2026, at 12.30 PM IST through video conferencing.

The company noted that it has received approval for voluntary delisting of its equity shares from The Calcutta Stock Exchange with effect from May 27, 2025. Additionally, the company is looking forward to a potential merger with its associate company, Maple Hotels & Resorts Limited, to engage the synergy of both entities.