Norben Tea & Exports Confirms Company Secretary Niraj Tiwari's Resignation

1 min read     Updated on 11 Dec 2025, 05:11 PM
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Reviewed by
Suketu GScanX News Team
Overview

Norben Tea & Exports Limited has officially confirmed the resignation of Company Secretary and Compliance Officer Niraj Tiwari, effective December 23, 2025. The company submitted final documentation to BSE and NSE, confirming his release from duties and maintaining full SEBI regulatory compliance.

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Norben Tea & Exports Limited has officially confirmed the resignation of its Company Secretary and Compliance Officer, Mr. Niraj Tiwari, with his duties concluded at the close of business hours on December 23, 2025. The company submitted a follow-up intimation to stock exchanges BSE and NSE on December 23, 2025, confirming his release from duties and providing complete documentation in compliance with SEBI regulations.

Official Confirmation and Documentation

The company's latest communication to exchanges serves as a continuation of the earlier intimation dated December 11, 2025, now providing final confirmation of Mr. Tiwari's departure. Managing Director Manoj Kumar Daga digitally signed the official intimation, confirming that Mr. Tiwari has been released from his duties as Company Secretary and Compliance Officer.

Parameter: Details
Final Working Day: December 23, 2025 (close of business hours)
Reason for Resignation: To pursue career opportunities
Location Factor: Career opportunities outside Kolkata
Original Resignation Date: December 11, 2025

Resignation Letter Details

In his formal resignation letter dated December 11, 2025, Mr. Tiwari expressed gratitude for the learning experience and professional growth opportunities provided during his tenure. He specifically mentioned pursuing career opportunities outside Kolkata as the primary reason for his departure. The outgoing Company Secretary committed to ensuring a smooth transition period by dedicating sincere efforts to hand over his responsibilities before his final working day.

Regulatory Compliance Framework

The company has maintained full compliance with SEBI disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation references multiple regulatory circulars including SEBI master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

Company Profile

Norben Tea & Exports Limited, incorporated in 1990 with CIN L01132WB1990PLC048991, operates in the plantation and plantation products sector. The company trades on BSE with scrip code 519528 and on NSE under symbol NORBTEAEXP, maintaining its registered office at 15B, Hemanta Basu Sarani, 3rd Floor, Kolkata-700001.

Historical Stock Returns for Norben Tea & Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%-6.19%+25.27%+163.87%+249.72%+941.34%
Norben Tea & Exports
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Norben Tea & Exports Secures Approval for Trading 1.55 Million New Equity Shares

1 min read     Updated on 20 Nov 2025, 12:20 PM
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Reviewed by
Riya DScanX News Team
Overview

Norben Tea & Exports Limited has received approval from NSE and BSE for listing and trading of 1.55 million new equity shares. The shares, resulting from the conversion of preferential warrants, have a face value of Rs. 10 and an issue price of Rs. 17, including a premium of Rs. 7 per share. Trading is set to commence on November 20, 2025, with a lock-in period until June 30, 2026. This development provides the company with additional capital and indicates investor confidence.

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Norben Tea & Exports Limited , a player in the Indian tea industry, has received a significant boost to its capital structure. The company has secured approval from both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) for the listing and trading of 1.55 million new equity shares.

Key Details of the Share Issuance

The newly approved shares stem from the conversion of preferential warrants, marking a strategic move in the company's capital management. Here are the essential details of this development:

Aspect Details
Number of Shares 1,550,000
Face Value Rs. 10.00 per share
Issue Price Rs. 17.00 per share
Premium Rs. 7.00 per share
Trading Commencement November 20, 2025
Distinctive Numbers 13994101 to 15544100
Lock-in Period Until June 30, 2026

Implications and Market Response

This approval for additional equity shares signifies a positive development for Norben Tea & Exports. The conversion of warrants into equity shares often indicates investor confidence in the company's prospects. It also provides the company with additional capital, which could be utilized for various purposes such as expansion, debt reduction, or working capital requirements.

Regulatory Compliance

The company has diligently followed the regulatory procedures, obtaining necessary approvals from both major Indian stock exchanges. This adherence to compliance standards reinforces Norben Tea & Exports' commitment to transparency and good corporate governance practices.

Looking Ahead

While this development is noteworthy, investors and market watchers will likely keep a close eye on how Norben Tea & Exports utilizes this capital infusion. The tea industry in India faces various challenges and opportunities, and the company's strategic moves in the coming months could be crucial in determining its market position and financial performance.

As always, investors are advised to conduct their own research and consider their financial goals before making investment decisions based on this corporate action.

Historical Stock Returns for Norben Tea & Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%-6.19%+25.27%+163.87%+249.72%+941.34%
Norben Tea & Exports
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