Management Change12 Aug 2026, 07:22 pm
Diana Tea Reappoints Sarita Singhania as Whole-Time Director
AI Summary
Diana Tea Company Ltd announced the reappointment of Mrs. Sarita Singhania as Whole-Time Director for a further term of five years, effective November 11, 2026, to November 10, 2031. The Board also approved the Unaudited Standalone Financial Results for Q1 FY27, enhancement of borrowing limits to ₹100 crore, and a preferential issue of equity convertible warrants to raise up to ₹11 crore. The 115th Annual General Meeting is scheduled for September 11, 2026.
Key Highlights
- Mrs. Sarita Singhania reappointed as Whole-Time Director for five years.
- Board approved Q1 FY27 Unaudited Standalone Financial Results.
- Proposal to enhance borrowing limits to ₹100 crore approved.
- Preferential issue of warrants to raise up to ₹11 crore approved.
- 115th AGM scheduled for September 11, 2026.
Price Impact
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