NewsEarningsBengal Tea & Fabrics Shareholders Approve Managing Director Re-appointment via Postal BallotBengal Tea & Fabrics Shareholders Approve Managing Director Re-appointment via Postal Ballot
Bengal Tea & Fabrics Limited successfully concluded its postal ballot process with overwhelming shareholder support (99.99% votes in favor) for re-appointing Mr. Adarsh Kanoria as Managing Director for a three-year term from January 2026 to December 2028. The company also reported steady Q2 FY26 financial performance with revenue of ₹19.60 lakhs and PAT of ₹4.99 lakhs.
*this image is generated using AI for illustrative purposes only.
Bengal Tea & Fabrics Limited , a prominent player in the tea and textile industry, has successfully concluded its postal ballot process with shareholders overwhelmingly approving the re-appointment of Mr. Adarsh Kanoria as Managing Director. The company had earlier announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with the proposed management change.
Postal Ballot Results
The postal ballot process concluded on December 18, 2025, with remarkable shareholder support for the proposed resolution. The voting results demonstrate strong confidence in the company's leadership:
| Parameter | Details |
|---|---|
| Total Shareholders on Record Date | 6,346 |
| Cut-off Date | November 14, 2025 |
| E-voting Period | November 19 - December 18, 2025 |
| Valid Folios Voted | 61 |
| Total Shares Voted | 70,63,116 |
| Votes in Favor | 70,63,042 (99.99%) |
| Votes Against | 74 (0.01%) |
| Resolution Status | PASSED |
Mrs. Swati Bajaj of M/s Bajaj Todi & Associates served as the scrutinizer for the postal ballot process, ensuring transparency and compliance with regulatory requirements.
Financial Performance Highlights
The company's recent financial results for the quarter ended September 30, 2025, showed steady operational performance:
| Metric | Amount (₹ in lakhs) |
|---|---|
| Revenue from Operations | 19.60 |
| Total Income | 24.38 |
| Profit After Tax | 4.99 |
Managing Director Re-appointment Details
With shareholder approval now secured, Mr. Adarsh Kanoria's re-appointment as Managing Director is confirmed with the following terms:
| Terms | Details |
|---|---|
| Appointment Period | 3 years |
| Term Duration | January 1, 2026 to December 31, 2028 |
| Board Approval Date | November 12, 2025 |
| Shareholder Approval | December 19, 2025 |
Leadership Profile
Mr. Adarsh Kanoria, aged 58, brings extensive industry expertise to his continued role:
- Over 35 years of experience in tea and textile business
- Commerce Graduate with Honours
- Diploma in case studies from Harvard Business School, U.S.A.
- Past President of Tea Association of India
- Director of Indian Chamber of Commerce
The company maintains transparency in corporate governance, with Mr. Kanoria being related to two other board members: Mr. Kushagra Kanoria (Whole-Time Director) and Mrs. Shubha Kanoria (Non-executive Director).
Regulatory Compliance
The postal ballot process was conducted in accordance with:
- Section 108 and 110 of the Companies Act, 2013
- Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The results have been uploaded on the company's website ( www.bengaltea.com ) and NSDL's e-voting portal, ensuring complete transparency for all stakeholders.
Historical Stock Returns for Bengal Tea & Fabrics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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