Jayshree Tea & Industries Board Approves FY 2026 Financial Results and Key Directorship Changes
Jayshree Tea & Industries Limited, in a meeting of its Board of Directors held on May 19, 2025, approved several significant corporate actions, including the finalization of financial results, the voluntary delisting from The Calcutta Stock Exchange Limited (CSE), and key recommendations regarding management appointments and remuneration limits.Financial Results Approval
The Board approved the audited financial results and supporting reports for the company. These approvals included:- The audited financial results (standalone and consolidated), along with segment-wise results, for the year and quarter ended March 31, 2026.
- The audited financial statements of the company for the year ended March 31, 2025, accompanied by the Auditor's Report.
- A declaration on the Auditor's Report (standalone and consolidated) confirming an unmodified opinion.
Delisting and Listing Status
The Board also approved the voluntary delisting of the company’s ordinary shares from The Calcutta Stock Exchange Limited (CSE). The company confirmed that its shares will continue to remain listed on both the National Stock Exchange of India Limited (NSE) and BSE Limited, ensuring nationwide trading facilities for investors.Directorship and Remuneration Recommendations
The Board recommended several resolutions for approval by the members at the ensuing Annual General Meeting, focusing on key appointments and executive compensation.The key recommendations for the Annual General Meeting are:
| Proposal | Individual/Group | Detail | Term/Validity |
|---|---|---|---|
| Re-appointment (Independent Director) | Mr. Vikram Swarup (DIN: 00153543) | To serve for a second term. | Five consecutive years |
| Re-appointment (Whole Time Director/Executive Director) | Mr. Vikash Kandoi (DIN: 00589438) | Designation as Executive Director. | Three years (Effective from April 1, 2027) |
| Revision of Remuneration Limit | Chairperson & Managing Director and Executive Director | Revision of maximum remuneration payable. | Subject to shareholder approval |
The company confirmed that Mr. Vikram Swarup meets the independence criteria prescribed under the Companies Act, 2013, and Listing Regulations.
JAYSREETEA Stock Price Movement
On Tuesday, Jayshree Tea & Industries Limited shares slipped by 0.52% to settle at ₹87.1. The stock experienced a trading volume of 42,394 shares, suggesting selling pressure throughout the day.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.