Indong Tea Company Ltd — Important, 01-09-2025: Company Update

The Board of Indong Tea Company has approved several key proposals, pending shareholder nod at the upcoming 35th Annual General Meeting. These include raising Shri Hariram Garg's monthly remuneration from 0.02 Cr to 0.03 Cr for two years, effective October 1, 2025, following a committee review. Significant financial flexibility is sought by increasing limits for creating charges on company assets, borrowing powers, and making investments/loans/guarantees from 500 Cr to 1,000 Cr each. The 35th AGM is scheduled for September 24, 2025, via video conference, with September 17, 2025, as the voting rights cut-off.