Incorporated in 1895, Grob Tea Co. Ltd is engaged in growing and manufacture of Tea and LED trading business
Grob Tea's subsidiary, Bazaloni Group, approved increasing limits for loans, borrowings, and asset transactions to Rs 50 Cr each, boosting financial flexibility. Donation limit set at Rs 0.5 Cr. Pradeep Kumar Agarwal was appointed Whole-time Director for 3 years, subject to shareholder approval.
Grob Tea's wholly-owned subsidiary, Bazaloni Group, is gearing up for significant operational and financial flexibility! 🚀 Its board has proposed: * Boosting limits for loans, guarantees, investments, and asset sales/mortgages to **₹50 Cr each**. This move could provide substantial room for growth or strategic shifts. * Increasing the annual donation...
**Grob Tea Company: Key AGM Approvals & What They Mean for Investors** The company's AGM saw shareholders greenlight several important moves: ✅ **Governance & Leadership Continuity:** * **Auditor:** M/s B Nath & Company appointed Statutory Auditor for 5 years, boosting financial oversight. * **MD:** Mr. Pradeep Kumar Agarwal re-appointed for...
Grob Tea's AGM approved all 11 proposals, including financial statements and a **Rs 2 per share dividend**. Shareholders also backed the re-appointment of directors, Managing Director's remuneration, and key related party transactions, signaling stable governance.