Diana Tea Company Ltd — Others, 01-08-2025: Others
01-08-2025 | 03:46 pm
01-08-2025 | 03:46 pm
Diana Tea Company has announced its 114th Annual General Meeting for August 25 via video conferencing. Key agenda items include adopting the financial results for the year ended March 31, 2025, which show a revenue from operations of ₹70.82 Cr and a net loss of ₹4.58 Cr. This downturn is attributed to significant crop loss from pest/fungal activity and pressure from tea imports. The company will also seek shareholder approval for the re-appointment of Mr. Sandeep Singhania as Managing Director and to appoint new Independent Directors. No dividend was proposed due to the loss. The company's credit rating was revised to BB+/Stable.
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