Indong Tea Company Ltd: Greenex Chemicals' 1.585% Equity Shares Transferred to IBM Finance via Off-market Transfer

Key Highlights

• Greenex Chemicals Private Limited, a member of the Promoter Group, has transferred 1.585% (3,07,895) equity shares to IBM Finance and Investment Private Limited.
• The transfer is pursuant to the Scheme of Amalgamation sanctioned by the Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench vide Order dated 19 June, 2025.
• The entire shareholding of Greenex Chemicals in Indong Tea Company has been vested in IBM Finance and Investment Private Limited, effective from 10.02.2026.
• Greenex Chemicals' shareholding has decreased from 1.59% to NIL shares of the total issued and paid-up Equity Share Capital of Indong Tea Company.
• IBM Finance and Investment Private Limited now holds 8.407% of the total issued and paid-up Equity Share Capital of Indong Tea Company.