ANDREW YULE & COMPANY LTD.

Andrew Yule & Company Ltd has responded to a stock exchange query regarding price movement. The company confirmed that, based on information from its units and divisions, no material event or development has occurred that would significantly impact its share price. Therefore, no further disclosure is required at this time under SEBI regulations.

Andrew Yule & Company Ltd has announced the closure of its trading window for all designated employees and their immediate relatives. This restriction on trading securities will be in effect from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The company has also implemented a PAN freeze at the security level through NSDL for these individuals, as per recent SEBI circulars.

Andrew Yule & Company Ltd. received a notice from BSE Ltd. on May 27, 2026, imposing a fine of ₹5,31,000 for non-compliance with Regulation 17(1) of the SEBI (LODR) Regulations, 2015, for the quarter ended March 31, 2026. The company has requested BSE to waive the fine, citing its status as a Central Public Sector Enterprise (CPSE). Andrew Yule has also engaged with the administrative ministry for the appointment of the required number of Independent Directors to ensure future compliance.

Andrew Yule & Company Ltd. announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results were approved by the Board of Directors on May 26, 2026, following a review by the Audit Committee. The board did not recommend a final dividend for the financial year 2025-26. The announcement was made in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Andrew Yule & Company Ltd's board approved the standalone and consolidated financial results for the year ended March 31, 2026, at its 277th board meeting held on May 26, 2026. The board reviewed the standalone and consolidated profit and loss accounts and balance sheets, along with the auditors' reports. However, the recommendation of a final dividend for the financial year 2025-26 was not considered.

Andrew Yule & Company Ltd has scheduled a board meeting on May 26, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider the recommendation of a final dividend for the financial year 2025-26. The trading window for designated employees will remain closed until May 28, 2026.

Andrew Yule & Company Ltd has scheduled a Board meeting on May 26, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider the recommendation of a final dividend for the financial year 2025-26. The trading window for designated employees will remain closed until May 31, 2026.

Andrew Yule & Company Ltd has secured two short-term loan arrangements totaling ₹35 crore. The first is a ₹30 crore loan from its promoter, the Government of India through the Ministry of Heavy Industries, at an interest rate of 8.30% per annum, sanctioned on April 18, 2026, for a tenure of one year. The second is a ₹5 crore soft loan from the Tea Board of India, with an interest rate of 8.65% per annum, sanctioned on April 20, 2026, also for a one-year tenure. These arrangements are in compliance with SEBI regulations.

Pursuant to the Order No.10(33)/2010-PE.I dated 2nd April, 2025, issued by the Ministry of Heavy Industries, Govt. of India, the tenure of Shri Sunder Pal Singh as Non-official Part-time Independent Director of Andrew Yule & Co. Ltd. has come to an end on 1st April, 2026. Consequently, Shri Sunder Pal Singh has ceased to be Director of the Company effective from 2nd April, 2026.

According to a recent announcement by Andrew Yule & Company Ltd, three independent directors, namely Shri Sunder Pal Singh, Shri Om Prakash Mittal, and Smt. Namita Devi alias Lovely Gupta, have completed their tenures and ceased to be directors of the company. Their appointments had commenced on 2nd November, 2024, as per the Order F.No.10(33)/2010-PE.I/CPSE-I dated 2nd November, 2021, issued by the Ministry of Heavy Industries, Govt. of India. This change is in compliance with the Change in Directorate Requirements, 2015, as amended, pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.