Bansisons Tea Industries Limited has successfully completed its postal ballot process, with shareholders unanimously approving all three proposed resolutions. The company's transformation from tea operations to pharmaceutical manufacturing has received complete shareholder backing through the e-voting process.

Postal Ballot Results Summary

The voting results demonstrate overwhelming shareholder support for the company's strategic transformation:

Key Approved Resolutions

Resolution 1: Object Clause Modification

Shareholders approved the change of Object Clause in the Memorandum of Association, enabling the company to pivot from tea operations to pharmaceutical manufacturing, research, and chemical activities.

Resolution 2: Name Change

The proposal to change the company name from "Bansisons Tea Industries Limited" to "Novyra Pharmachem Limited" received unanimous approval, reflecting the new business direction.

Resolution 3: Asset Disposal

Shareholders endorsed the disposal of company assets under Section 180(1)(a) of the Companies Act, 2013, facilitating the business transformation.

Voting Process Details

The e-voting process was conducted through NSDL's platform from November 29 to December 29. Out of 27,898 total shareholders on record date, 35 shareholders participated in the voting process, representing 805,000 votes or 12.72% of outstanding shares.

The scrutinizer Mrs. Rupal Patel, Practicing Company Secretary, certified the voting results, confirming that all resolutions were passed with the requisite majority. The company has now received formal approval to proceed with its strategic transformation into the pharmaceutical sector.

Bansisons Tea Industries Limited has successfully completed its registered office relocation from West Bengal to Gujarat, with the Registrar of Companies approving the change and issuing a new Corporate Identification Number (CIN) effective December 24, 2025.

Updated Corporate Details

Relocation Process Timeline

The company's office relocation process began with the Regional Director (Eastern Region), Kolkata approving the application on November 28, 2025. The approval order was received by the company on December 5, 2025, following which the necessary e-forms were filed with the Ministry of Corporate Affairs.

Regulatory Compliance and Disclosure

Bansisons Tea Industries Limited has informed BSE Limited about the CIN change through a formal communication dated December 24, 2025. The disclosure has been made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with market disclosure norms.

The company's director Chirag Kirtikumar Nanavati (DIN: 08196966) signed the official communication to the stock exchange, confirming the completion of the registered office shift and the corresponding change in the Corporate Identification Number.