Indong Tea Company Limited Announces Change in Company Secretary Position

Indong Tea Company Limited has announced key changes in its managerial personnel, with the Board of Directors approving the resignation of its Company Secretary and the appointment of a replacement on January 21, 2026. The changes were formalized during a board meeting that commenced at 08:00 P.M. and concluded at 08:30 P.M. on the same day.

Leadership Transition Details

The company has experienced a complete transition in its Company Secretary cum Compliance Officer position. The changes involve both a departure and immediate replacement to ensure continuity in corporate governance functions.

Change Type:	Personnel Details	Effective Date
Resignation:	Chandan Gupta (M. No F13530)	January 21, 2026
Appointment:	Akash Poddar (M. No A78727)	January 21, 2026
Position:	Company Secretary cum Compliance Officer	Key Managerial Personnel

Outgoing Company Secretary Background

Chandan Gupta submitted his resignation letter dated December 02, 2025, citing better career opportunities with another organization. In his resignation letter, Gupta expressed gratitude for the professional guidance and support received during his tenure with the company. He acknowledged the wonderful experience working with the team and appreciated the learning opportunities gained during his time with Indong Tea Company Limited.

New Appointee Profile

Akash Poddar brings substantial expertise to his new role as Company Secretary cum Compliance Officer. His professional qualifications and experience make him well-suited for the position.

Qualification:	Details
Professional Membership:	Associate Member of Institute of Company Secretaries of India (ACS A78727)
Educational Background:	Bachelor of Commerce (Honours) in Accountancy from University of Calcutta
Expertise Areas:	Corporate Secretarial functions, Companies Act 2013, SEBI Regulations
Experience:	Corporate actions including Rights Issues, Buybacks, Private Placements
Specialization:	Statutory compliances and filings for listed and unlisted companies

Regulatory Compliance

The personnel changes have been communicated to BSE Limited in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2024/0155 dated November 11, 2024, regarding the changes in key managerial personnel.

Poddar has been appointed as a whole-time Key Managerial Personnel in accordance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The appointment ensures the company maintains compliance with all regulatory requirements for corporate governance and statutory obligations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.95%	-8.72%	-12.70%	-42.11%	-67.10%	-57.75%

Indong Tea Company has disclosed a reduction in shareholding by one of its promoter group entities, as reported to BSE Limited on January 16, 2026. Brahmaputra Commodities Private Limited, classified under the promoter group category, has sold a portion of its equity stake in the tea company through on-market transactions.

Share Sale Transaction Details

The promoter group entity executed the share sale over a period spanning from December 23, 2025, to January 14, 2026. The transaction involved the disposal of 88,000 equity shares through on-market sales, representing 0.45% of the company's total voting capital.

Transaction Parameter:	Details
Shares Sold:	88,000
Sale Period:	December 23, 2025 to January 14, 2026
Transaction Mode:	On-Market
Percentage of Total Capital:	0.45%

Shareholding Position Changes

The share sale has resulted in a notable reduction in Brahmaputra Commodities Private Limited's stake in Indong Tea Company. Prior to the transaction, the entity held 2,16,000 shares, constituting 1.11% of the company's total share capital.

Shareholding Details:	Before Sale	After Sale	Change
Number of Shares:	2,16,000	1,28,000	-88,000
Percentage Holding:	1.11%	0.66%	-0.45%
Voting Rights:	1.11%	0.66%	-0.45%

Company Capital Structure

Indong Tea Company's equity share capital remains unchanged following this transaction. The company maintains its total equity share capital of ₹19.42 crores, divided into 1,94,21,048 equity shares with a face value of ₹10 each. The shares are listed on BSE Limited under the scrip code 543769.

Regulatory Compliance

The disclosure was made in strict compliance with Regulation 29(2) and 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Brahmaputra Commodities Private Limited submitted the required disclosure format to both BSE Limited and Indong Tea Company on January 15, 2026, with the company forwarding the disclosure to the stock exchange on January 16, 2026.

The transaction represents a standard promoter group divestment through market mechanisms, with all regulatory requirements being fulfilled as per SEBI guidelines for substantial shareholding changes.