Shri Vasuprada Plantations Limited Schedules Board Meeting for February 11, 2026 to Review Q3FY26 Financial Results

1 min read     Updated on 02 Feb 2026, 07:26 PM
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Overview

Shri Vasuprada Plantations Limited has scheduled a board meeting for February 11, 2026, to consider Q3FY26 unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company, formerly Joonktollee Tea & Industries Ltd., operates multiple tea, coffee, and rubber estates and communicated the meeting notice to BSE Limited on February 2, 2026, in compliance with regulatory requirements.

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Shri Vasuprada Plantations Limited has announced that its Board of Directors will convene on Wednesday, February 11, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering and taking on record the unaudited standalone and consolidated financial results for both the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company formally notified BSE Limited about the upcoming board meeting through an official communication dated February 2, 2026. The notice was signed by Sharad Bagree, General Manager (Finance) & Company Secretary, who holds membership number ACS 21047.

Parameter: Details
Meeting Date: February 11, 2026
Purpose: Q3FY26 Financial Results Review
Results Type: Unaudited Standalone & Consolidated
Period Covered: Quarter and nine months ended December 31, 2025
BSE Scrip Code: 538092
NCD Scrip Code: 974704

Company Profile

Shri Vasuprada Plantations Limited, formerly known as Joonktollee Tea & Industries Ltd., operates under CIN L01132WB1900PLC000292. The company maintains its registered office at 21, Strand Road, Kolkata - 700 001, and can be reached through multiple communication channels including phone lines and email at info@svpl.in .

Business Operations

The company operates an extensive portfolio of agricultural estates across different segments:

Tea Estates:

  • Joonktollee
  • Jamirah
  • Nilmoni
  • Goomankhan
  • Pullikanam

Coffee Estate:

  • Cowcoody

Rubber Estates:

  • Chemoni
  • Echipara
  • Pudukad

Regulatory Compliance

The board meeting announcement follows standard regulatory procedures under Regulation 29, ensuring transparency and timely disclosure to stakeholders. The company's diverse agricultural operations spanning tea, coffee, and rubber cultivation reflect its established presence in the plantation sector. Investors and stakeholders will await the financial results to assess the company's performance during the third quarter of FY26.

Historical Stock Returns for Shri Vasuprada Plantations

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-100.00%-7.59%-8.26%-16.52%-17.43%+21.79%
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Shri Vasuprada Plantations Shareholders Approve Executive Director Re-appointment

2 min read     Updated on 02 Jan 2026, 02:26 PM
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Reviewed by
Ashish TScanX News Team
Overview

Shri Vasuprada Plantations Limited announced mixed financial results with 22.80% revenue growth but increased losses, while shareholders overwhelmingly approved the re-appointment of Executive Director Mr. Indrajit Roy through postal ballot with 99.95% support, demonstrating confidence in management despite operational challenges.

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Shri Vasuprada Plantations Limited , a diversified plantation company, has announced its financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance with increased revenue but a significant net loss. Additionally, the company has successfully completed the postal ballot process for the re-appointment of its Executive Director.

Financial Highlights

Particulars: Half-Year 2025 Half-Year 2024 Change (%)
Revenue from Operations: ₹7,079.25 lakhs ₹5,766.37 lakhs +22.80%
Net Loss: ₹696.77 lakhs ₹529.95 lakhs +31.50%
Basic EPS: -₹8.41 -₹6.40 -31.40%

The company reported a substantial increase in revenue from operations, which rose to ₹7,079.25 lakhs for the half-year, up from ₹5,766.37 lakhs in the corresponding period last year, marking a 22.80% growth. However, this top-line growth did not translate into profitability, as the company's net loss widened to ₹696.77 lakhs, compared to a loss of ₹529.95 lakhs in the previous year.

Postal Ballot Results - Executive Director Re-appointment

Shareholders have overwhelmingly approved the re-appointment of Mr. Indrajit Roy as Wholetime Director designated as Executive Director through a postal ballot process conducted via remote e-voting. The voting results declared on January 2, 2026, showed strong support from the shareholder community.

Voting Details: Results
Total Shareholders on Record: 2,976
Cut-off Date: November 28, 2025
E-voting Period: December 3, 2025 to January 1, 2026
Votes in Favour: 6,205,249 (99.95%)
Votes Against: 3,360 (0.05%)
Total Valid Votes: 6,208,609

The postal ballot was conducted exclusively through remote e-voting, with the company dispatching notices to 2,273 equity shareholders and 10 preference shareholders via email on December 1, 2025. The scrutinizer's report confirmed that the special resolution was passed with the requisite majority.

Segment Performance

Shri Vasuprada Plantations operates across three main segments, with tea being the largest contributor to revenue:

Segment: Half-Year Revenue Contribution
Tea: ₹4,079.98 lakhs (57.60%)
Coffee: Operations ongoing
Rubber: Operations ongoing

Corporate Actions and Management

The company announced that it was voluntarily delisted from the Calcutta Stock Exchange effective August 14, 2025, while maintaining its listing on the BSE. The re-appointment of Mr. Indrajit Roy, who brings 44 years of experience in the plantation industry, is for a term of three years from November 11, 2025, to November 10, 2028.

Operational Challenges and Outlook

Despite the increase in revenue, the company faced significant operational challenges, as evidenced by the expanded loss. The strong shareholder support for management's re-appointment, combined with improved revenue figures, suggests confidence in the company's strategic direction. Investors will be monitoring how the company addresses its financial performance in the coming quarters while leveraging its revenue growth momentum.

Historical Stock Returns for Shri Vasuprada Plantations

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-7.59%-8.26%-16.52%-17.43%+21.79%
Shri Vasuprada Plantations
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1 Year Returns:-17.43%