Diana Tea Company Ltd — Others, 01-08-2025: AGM/EGM
01-08-2025 | 03:36 pm
01-08-2025 | 03:36 pm
Diana Tea Co. Ltd. will hold its 114th Annual General Meeting on August 25, 2025, via video conference. Shareholders will vote on adopting the financial results for the year ended March 31, 2025, re-appointing the Managing Director and other directors, and approving their remuneration. For FY25, the company reported a net loss of ₹4.58 Cr, a significant drop from FY24's ₹0.24 Cr profit. This was primarily due to severe pest attacks, fungal activity affecting crop, and excess tea imports driving down market prices. No dividend was declared. Additionally, Crisil revised the company's credit rating downwards to BB+/Stable and A4+, signaling increased risk.
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