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.

Bansisons Tea Industries Limited has issued a clarification to BSE regarding compliance matters related to its FY2020-21 financial results. The company addressed queries raised by the exchange concerning the non-submission of Declaration on Impact of Audit Qualifications along with its financial statements.

Audit Compliance Clarification

The company clarified that its statutory auditors R.K. Bihani Associates issued an unmodified/unqualified audit report for the financial year ended March 31, 2021. The audit report contained no qualifications, reservations, adverse remarks, or disclaimers of opinion. Consequently, the requirement to submit a Declaration on Impact of Audit Qualifications under Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 was not applicable to the company for the said financial year.

The company emphasized that the non-submission of the declaration was inadvertent and without any malafide intent. As advised by BSE officials, the company resubmitted its financial results for FY2020-21 along with the clarification letter to ensure full compliance with exchange requirements.

Financial Performance Overview

The company's financial results for FY2020-21 showed a significant improvement compared to the previous year. Bansisons Tea Industries reported revenue from operations of ₹15.00 lakhs, maintaining the same level as FY2019-20.

The company achieved a turnaround in profitability, recording a net profit of ₹7.89 lakhs in FY2020-21 compared to a net loss of ₹1.79 lakhs in the previous year. This improvement was driven by higher other income and controlled expenses.

Operational Highlights

The company's primary business involves leasing of tea garden for plucking and sale operations. During FY2020-21, the company maintained its operational focus while implementing cost management measures. Employee costs remained stable at ₹2.90 lakhs, while other expenses decreased significantly from ₹11.86 lakhs to ₹6.13 lakhs, contributing to improved profitability.

Balance Sheet Position

As of March 31, 2021, the company maintained a stable financial position with total assets of ₹62.20 lakhs. The company's equity base remained unchanged at ₹61.98 lakhs in share capital, though accumulated losses reduced the overall shareholders' fund to ₹52.71 lakhs.

The company requested BSE to take the clarification on record and treat the matter as complied with, demonstrating its commitment to maintaining transparency and regulatory compliance in its reporting obligations.