Dhunseri Tea & Industries Limited — Important, 12-06-2025: Agreements

Dhunseri Tea & Industries has announced a board meeting on the financial results for the quarter and half-year. The company entered an agreement with its wholly owned subsidiary, Dhunseri Petrochem & Tea Pte Ltd, where the subsidiary will subscribe to USD 0.25 million Optional Convertible Debentures (OCDs) carrying 7.5% annual interest, payable on redemption or conversion. Conversion into equity is possible within seven years at arm’s length valuation, enabling potential equity growth aligned with the subsidiary’s expansion plans.