ALPHA TRIBE

Kanco Tea & Industries LtdOthers, 28-07-2025: AGM/EGM

28-07-2025 | 04:15 pm

Kanco Tea & Industries will hold its 42nd Annual General Meeting via video conference to approve the financial results for the year ended March 31, 2025. The company will also seek shareholder approval for the re-appointment of Mr. Umang Kanoria as Managing Director for a three-year term, starting August 1. His proposed monthly salary is `2.25 lakh, plus commission. This is critical for continuity given his vast experience in the tea industry and the company's efforts to improve profitability amidst rising costs. Shareholders will also vote on ratifying the Cost Auditor's remuneration of `0.006 Cr and appointing a Secretarial Auditor for `0.015 Cr annually.

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