Asian Tea & Exports Ltd: Promoter Group Entity IBM Finance and Investment Private Limited Acquires 11.37% Equity Shares via Off-market Transfer

Asian Tea & Exports Ltd announced that IBM Finance and Investment Private Limited, a member of the Promoter Group, acquired 11.37% equity shares of the company via off-market transfer. The transfer was executed on 10th March, 2026, pursuant to the Scheme of Amalgamation sanctioned by the Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench. Greenex Chemicals Private Limited, another Promoter Group entity, transferred its entire shareholding in Asian Tea & Exports Ltd to IBM Finance and Investment Private Limited, resulting in Greenex Chemicals Private Limited's shareholding decreasing to nil.