Diana Tea Co.Ltd. MD, chairman, board of directors and AGM
BSE: 530959Agricultural Food & other ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹27.80.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹40 Cr3,619th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 7.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 0.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 8.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 5.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.68
- Volume, BSEVolume. Shares traded on the last trading day.
- 10,702
Diana Tea Co.Ltd. board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorSANDEEP SINGHANIA
- Company Secretary and Compliance OfficerNamrata Saraf
6 directors3 independent3 executive
- SANDEEP SINGHANIA · Chairperson and managing directorExecutive · joined Oct 1991 · reappointed Aug 2025 · 1 listed board · 2 committee seats
- SARITA SINGHANIAExecutive · joined Nov 2013 · reappointed Nov 2021 · 1 listed board · 1 committee seat
- DEVANG SINGHANIAExecutive · joined Nov 2024 · 1 listed board · 1 committee seat
- KIRAN NANOO DESAIIndependent · joined Dec 2020 · reappointed Aug 2025 · 58 months as independent · 1 listed board · 1 as independent · 2 committee seats
- RAVINDRA SUCHANTIIndependent · joined May 2025 · 13 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 3 as chair
- NAVIN NAYARIndependent · joined Jun 2025 · 12 months as independent · 3 listed boards · 2 as independent · 4 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- HARISHCHANDRA PAREKH MANEKLAL, left 25 Jun 2025: Tenure Completion
- GAUTAM BHALLA, left 25 Jun 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20265 of 6 present3 independent · 103 days in between
- 13 Feb 20265 of 6 present2 independent
Audit Committee
Chair NAVIN NAYAR
SANDEEP SINGHANIA, RAVINDRA SUCHANTI, KIRAN NANOO DESAI
- 28 May 20264 of 4 present3 independent · 103 days in between
- 13 Feb 20263 of 4 present2 independent
Nomination and remuneration committee
Chair KIRAN NANOO DESAI
RAVINDRA SUCHANTI, NAVIN NAYAR
- 28 May 20263 of 3 present3 independent · 103 days in between
- 13 Feb 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair RAVINDRA SUCHANTI
KIRAN NANOO DESAI, SANDEEP SINGHANIA, SARITA SINGHANIA, DEVANG SINGHANIA, NAVIN NAYAR
- 28 May 20265 of 6 present3 independent · 103 days in between
- 13 Feb 20265 of 6 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- B Nath & CoPeer-review certificate valid to Nov 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Diana Tea Co.Ltd. AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Diana Tea Co.Ltd. dividend history
Annual general meeting, 11 Sep 2026
7,105 shareholders on the register on 4 Sep 2026; present: 4 promoters and 164 others; votes counted by Mohan Ram Goenka / MR & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonOrdinary98.24% for1.76% against
Against: promoters 0.00% · institutions 0.00% · other public 83.41%
Turnout: all 62.66% · promoters 100.00% · institutions 0.00% · other public 3.42%
- To appoint a director in place of Mrs. Sarita Singhania (DIN: 00343786) who retires by rotation and being eligible, offer herself for re-appointment.OrdinaryPromoters have an interest in it98.14% for1.86% against
Against: promoters 0.00% · institutions 0.00% · other public 83.41%
Turnout: all 59.26% · promoters 94.46% · institutions 0.00% · other public 3.42%
- To re-appoint Mrs. Sarita Singhania (DIN: 00343786) as Whole-Time Director of the Company and fix her remunerationSpecialPromoters have an interest in it98.14% for1.86% against
Against: promoters 0.00% · institutions 0.00% · other public 83.41%
Turnout: all 59.26% · promoters 94.46% · institutions 0.00% · other public 3.42%
To approve the enhancement of Limits of the Company under section 180(1)(a) of the Companies Act, 2013 for Sale, creation of Mortgage or Charge on the assets, properties or undertaking(s) of the CompanyMoreLess
Special98.24% for1.76% againstAgainst: promoters 0.00% · institutions 0.00% · other public 83.41%
Turnout: all 62.66% · promoters 100.00% · institutions 0.00% · other public 3.42%
- To approve the threshold limits for Loans/ Guarantees, providing of Securities and making of Investments in securities under section 186 of the companies act, 2013.Special98.24% for1.76% against
Against: promoters 0.00% · institutions 0.00% · other public 83.41%
Turnout: all 62.66% · promoters 100.00% · institutions 0.00% · other public 3.42%
- Adoption of a New Set of Memorandum of Association of the Company in conformity with the provisions of the Companies Act, 2013Special98.24% for1.76% against
Against: promoters 0.00% · institutions 0.00% · other public 83.43%
Turnout: all 62.66% · promoters 100.00% · institutions 0.00% · other public 3.42%
- Adoption of New Set of Article of Association of the company pursuant to Companies Act, 2013Special98.24% for1.76% against
Against: promoters 0.00% · institutions 0.00% · other public 83.43%
Turnout: all 62.66% · promoters 100.00% · institutions 0.00% · other public 3.42%
- Issue of Equity Convertible Warrants on a Preferential BasisSpecialPromoters have an interest in it98.24% for1.76% against
Against: promoters 0.00% · institutions 0.00% · other public 83.43%
Turnout: all 62.66% · promoters 100.00% · institutions 0.00% · other public 3.42%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeINCOME TAX DEPARTMENTSince 19 Sep 2025IS IN PROCESS
At the filing before: Appeal in Form No. 35 Filled on dated 21-10-2025 against the order passed by National Faceless Assessment Centre (as National Faceless Penalty Centre) dated 19-09-2025 for the penalty amount of Rs. 5,18,960 u/s 270A for Assessment Year 2023-24.MoreLess
- Tax disputeINCOME TAX DEPARTMENTSince 20 Mar 2026IS IN PROCESS
At the filing before: The Company, for the Assessment Year 2024–25, filed its return of income under Section 139(1) of the Income-tax Act, 1961 declaring a total income of NIL. Subsequently, an assessment order under Section 143(3) dated 20/03/2026 was passed, pursuant to which a demand of Rupees 48,47,560 was raised. Upon review of the said order and demand, the company observed that the demand has been incorrectly computed due to a discrepancy in the set-off of losses. The company submits that, after considering all allowable expenses and carried forward losses, the total income was correctly computed at NIL in the return of income originally filed. Accordingly, the company has filed an application for rectification under Section 154 on 27/03/2026, requesting that the above apparent mistake be corrected and the demand be revised in line with the returned income.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.