Independent Director Anand Raghavan Appointed at The United Nilgiri Tea Estates; AGM Scheduled for August 2026
The Board of Directors of The United Nilgiri Tea Estates Company Limited has approved the appointment of Mr. Anand Raghavan as an Independent Director, among other decisions made during a meeting held on June 4, 2026. The company also announced key dates relating to its forthcoming Annual General Meeting (AGM).Based on the recommendation of the Nomination and Remuneration Committee, the Board recommended the appointment of Mr. Anand Raghavan as an Independent Director. He will not be liable to retire by rotation and is slated to hold office for a first term of three years. His tenure commenced from the conclusion of the 104th Annual General Meeting and is set to conclude at the conclusion of the 107th Annual General Meeting in 2029.
Mr. Raghavan, who holds DIN: 00243485, was appointed following a review that confirmed he is not debarred from holding the office of Director by any statutory authority.
Appointment and Professional Profile
The appointment details and professional background of Mr. Anand Raghavan are as follows:| Aspect | Details |
|---|---|
| Name | Mr. Anand Raghavan (DIN: 00243485) |
| Designation | Non-Executive Independent Director |
| Term of Appointment | Three years, commencing from the conclusion of the 104th Annual General Meeting up to the conclusion of the 107th Annual General Meeting in 2029. |
| Brief Profile | Mr. Raghavan is a seasoned Chartered Accountant with over three decades of distinguished experience across financial services, regulatory advisory, and corporate governance. His expertise includes NBFC regulations, corporate taxation, foreign investment & restructuring, and board-level compliance. He has held executive and board positions at various leading Indian financial institutions and global consulting firms, including Sundaram Finance and Ernst & Young LLP. |
Annual General Meeting and Record Dates
The company has also set the timeline for its upcoming shareholder meeting and dividend eligibility criteria.The 104th Annual General Meeting (AGM) for the financial year ended March 31, 2026, is scheduled to take place on Friday, August 7, 2026. The meeting will be conducted via Video conference (VC) or Other Audio-Visual Means (OAVM).
Regarding shareholder entitlements, the Register of Members and Share Transfer Books will be closed from Saturday, August 1, 2026, to Friday, August 7, 2026, for determining eligibility for dividends. The specific record date for members eligible to receive any such dividend is July 31, 2026.
UNITEDTEA Stock Price Movement
The United Nilgiri Tea Estates Company Limited is shedding ground as of 12:24 PM, trading at ₹524.00 after slipping by 0.03%. Trading activity remains subdued, with only 167 shares recorded in the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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