The Grob Tea Company MD, chairman, board of directors and AGM
NSE: GROBTEAAgricultural Food & other ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹869.80.
- 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.
- ₹97 Cr2,870th 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
- 12.6
- 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 14 May 2026
- 1.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.24%
- 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
- 8.5%
- 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
- 4.3%
- 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 14 May 2026
- 0.57
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7880.8% delivered
The Grob Tea Company board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorPradeep Kumar Agarwal
- Company Secretary and Compliance OfficerNEHA SINGH
7 directors4 independent2 executive1 non-executive
- Pradeep Kumar Agarwal · Chairperson and managing directorExecutive · joined Mar 2009 · 1 listed board · 2 committee seats
- Mukesh Kumar AgarwalExecutive · joined Mar 2009 · 1 listed board · 1 committee seat
- Indra agarwalNon-executive · joined May 2022 · 1 listed board · 1 committee seat
- Nirmal Kumar GoyalIndependent · joined May 2023 · reappointed May 2023 · 37 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Niraj Kumar HarodiaIndependent · joined Dec 2020 · reappointed Dec 2025 · 66 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Kishan Kumar KejriwalIndependent · joined May 2026 · reappointed May 2026 · 1 month as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Nidhi ShahIndependent · joined May 2026 · reappointed May 2026 · 1 month as independent · 1 listed board · 1 as independent · 1 committee seat
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.
1 director who left
- Balkrishna Singhania, left 14 May 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 13 May 20266 of 6 present3 independent · 88 days in between
- 13 Feb 20266 of 6 present3 independent
Audit Committee
Chair Kishan Kumar Kejriwal
Niraj Kumar Harodia, Nirmal Kumar Goyal, Pradeep Kumar Agarwal, Nidhi Shah
- 13 May 20264 of 4 present3 independent · 88 days in between
- 13 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Kishan Kumar Kejriwal
Niraj Kumar Harodia, Nirmal Kumar Goyal, Nidhi Shah
- 13 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Nirmal Kumar Goyal
Mukesh Kumar Agarwal, Pradeep Kumar Agarwal, Indra agarwal
- 13 May 20264 of 4 present1 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.
- GARV & ASSOCIATESPeer-review certificate valid to Aug 2027
1 earlier auditor
- GARV AND ASSOCIATESNamed in the filing for the quarter to Mar 2025
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.
The Grob Tea Company 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.The Grob Tea Company dividend history
Annual general meeting, 11 Aug 2026
2,158 shareholders on the register on 4 Aug 2026; present: 5 promoters and 15 others; votes counted by MR. MOHAN RAM GOENKLA / 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 31st March, 2026, the Profit & Loss Account and Cash Flow Statement for the year ended 31st March 2026 together with the Report of Board of Directors and Auditors Report thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- To declare a Dividend of Rs. 2/- per share for the financial year ended 31st March 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- To re-appoint Mrs. Indra Agarwal (DIN: 00704025) who retires by rotation and being eligible, offer herself for re-appointmentOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- Appointment of Statutory Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- Re-appointment of Mr. Pradeep Kumar Agarwal (DIN: 00703745) as Managing Director of the CompanySpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 77.92% · promoters 95.34% · institutions 0.00% · other public 25.76%
- To approve the increase in the limit of the remuneration of Mr. Pradeep Kumar Agarwal(DIN:00703745) Managing Director of the CompanySpecialPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.73%
Turnout: all 77.92% · promoters 95.34% · institutions 0.00% · other public 25.76%
- To Appoint Mr. Kishan Kumar Kejriwal (DIN:00362377)as an Independent Director of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.73%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- To appoint Ms. Nidhi Shah(DIN:00842660) as an Independent Director of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.73%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- Ratification of Remuneration payable Cost Auditor for Financial year 2026-2027Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- To Approve Material Related Party Transaction(s) with M/s Banka Enterprises Private LimitedOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 81.42% · promoters 100.00% · institutions 0.00% · other public 25.76%
- To Approve Material Related Party Transaction(s) with M/s K L Support Private LimitedOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 81.05% · promoters 99.51% · institutions 0.00% · other public 25.76%
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.
Postal ballot, 29 Dec 2025, 4 resolutions
2,222 shareholders on the register on 21 Nov 2025; votes counted by MOHAN RAM GOENKA / MR & ASSOCIATES.The company's voting result (opens in a new tab)
- To Approve the increase in the limit to give Loan(s)/provide Guarantee(s) or Security(ies) make Investment(s) under Section 186 of Companies Act, 2013SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 81.39% · promoters 100.00% · institutions 0.00% · other public 25.66%
- To increase in the Borrowing Powers of the Company under Section 180(1)(c) of the Companies Act, 2013SpecialNot passedRecorded as not passed although most votes were for it; no reason is given99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 81.39% · promoters 100.00% · institutions 0.00% · other public 25.66%
To approve the increase in the Existings limits of the Company under sectioin 180(1)(a) of the Companies Act, 201,for Sale, Creation of Mortagage or Charge on the Assets, properties or undertaking(s) of the Company.MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 81.39% · promoters 100.00% · institutions 0.00% · other public 25.66%
- Approval for increasing the limit for making Donation/Contribution pursuant to section 181 of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 81.39% · promoters 100.00% · institutions 0.00% · other public 25.66%
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.
Annual general meeting, 12 Aug 2025, 8 resolutions
2,254 shareholders on the register on 5 Aug 2025; present: 5 promoters and 17 others; votes counted by MR. MOHAN RAM GOENKA / MR & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt Audited financial statement of the company for the financial year ended 31st march 2025 , the profit & Loss account and cash Flow statement for the year ended 31st March 2025 together with the Report of Board of Directors and Auditors Report thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.38% · promoters 100.00% · institutions 0.00% · other public 25.61%
- To Declare a Dividend of rs 3/- per equity share for financial year ended 31st March 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.38% · promoters 100.00% · institutions 0.00% · other public 25.61%
- To re-appoint Mrs. Indra Agarwal (DIN: 00704025) who retires by rotation and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.38% · promoters 100.00% · institutions 0.00% · other public 25.61%
- To Re-appoint Mr. Mukesh Kumar Agarwal (DIN: 00697746) as whole time Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.03% · promoters 95.53% · institutions 0.00% · other public 25.61%
- To approve the increase in the limit of the remuneration of Mr. Mukesh Kumar Agarwal(DIN: 00697746) whole-time director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.03% · promoters 95.53% · institutions 0.00% · other public 25.61%
- To-Reappoint Mr. Niraj Kumar Harodia(DIN: 06676837) as an Independent Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.38% · promoters 100.00% · institutions 0.00% · other public 25.61%
- Appointment of M/s MR & Associates, practicing Company Secretaries as Secretarial Auditor of the companyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.38% · promoters 100.00% · institutions 0.00% · other public 25.61%
- Ratification of Remuneration payable to cost auditor for financial year 2025-2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.38% · promoters 100.00% · institutions 0.00% · other public 25.61%
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.
Annual general meeting, 19 Aug 2024, 5 resolutions
Present: 5 promoters and 16 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Financial Statements of the Company for the financial year ended 31st March, 2024, together with the Board of Directors and Auditors report thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.40% · promoters 100.00% · institutions 0.00% · other public 25.70%
- To declare a dividend for the financial year ended 31st March, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.40% · promoters 100.00% · institutions 0.00% · other public 25.70%
- To re-appoint Mrs. Indra Agarwal (DIN: 00704025) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.40% · promoters 100.00% · institutions 0.00% · other public 25.70%
- Appointment of Mr. Balkrishna Singhania (DIN: 01797408), as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.40% · promoters 100.00% · institutions 0.00% · other public 25.70%
- To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.40% · promoters 100.00% · institutions 0.00% · other public 25.70%
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.
Annual general meeting, 9 Aug 2023, 6 resolutions
Present: 5 promoters and 21 others.The company's voting result (opens in a new tab)
- Adoption of Financial Statements (Ordinary Resolution)Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 86.43% · promoters 100.00% · institutions 0.00% · other public 33.53%
- Approval of dividend (Ordinary Resolution)Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 86.43% · promoters 100.00% · institutions 0.00% · other public 33.53%
- Re -Appointment of Mrs. Indra Agarwal as a Director (Ordinary Resolution)Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 86.43% · promoters 100.00% · institutions 0.00% · other public 33.53%
- Appointment of Mr. Nirmal Kumar Goyal as an Independent Director (Special Resolution)Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 86.43% · promoters 100.00% · institutions 0.00% · other public 33.53%
- To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2023-24Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 86.43% · promoters 100.00% · institutions 0.00% · other public 33.53%
- Re-appointment of Mr. Pradeep Kumar Agarwal, as a Managing Director of the Company(Special Resolution)SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 86.43% · promoters 100.00% · institutions 0.00% · other public 33.53%
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.
Postal ballot, 1 Jan 2019, 3 resolutions
Present: 0 promoters and 0 others.The company's voting result (opens in a new tab)
- Alteration of the Object Clause of the Memorandum of Association, by inserting sub- clause 2 & 3 under part A of Clause III, after the existing sub clause 1Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.42% · promoters 100.00% · institutions 0.00% · other public 29.97%
- Alteration/ substitution of the Memorandum of Association, by adopting new set of Memorandum of AssociationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 82.42% · promoters 100.00% · institutions 0.00% · other public 29.97%
- Alteration/ substitution of the Articles of Association, by adopting new set of Articles of AssociationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.42% · promoters 100.00% · institutions 0.00% · other public 29.97%
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.
Annual general meeting, 28 Aug 2018, 4 resolutions
Present: 4 promoters and 49 others.The company's voting result (opens in a new tab)
- ADOPTION OF FINANCIAL STATEMENTSOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.32% · promoters 100.00% · institutions 0.00% · other public 29.69%
- APPROVAL OF DIVIDENDOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.32% · promoters 100.00% · institutions 0.00% · other public 29.69%
- APPOINTMENT OF MR. M K AGARWAL AS DIRECTOROrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.48% · promoters 90.86% · institutions 0.00% · other public 29.69%
- REAPPOINTMENT OF MRS PRIYANKA SINGHANIA AS INDENDENT DIRECTOR FOR 5 YEARSSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.32% · promoters 100.00% · institutions 0.00% · other public 29.69%
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.
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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.