The United Nilgiri Tea Estates Company logo

The United Nilgiri Tea Estates Company MD, chairman, board of directors and AGM

NSE: UNITEDTEAAgricultural Food & other ProductsSmall Cap

Last close ₹407.75up ₹4.25 (1.05%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹403.50.

52-week range of traded prices to 23 Oct 2026
₹382.20Low, 22 Oct 2026₹590.00High, 13 Apr 2026
Market cap
₹204 Cr2,239th largest listed
P/E
10.0
P/B
0.8
Dividend yield
0.78%
ROE
8.8%
ROCE
6.1%
Debt to equity
0.00
Volume, NSE
6,19195.0% delivered

The United Nilgiri Tea Estates 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

  • ChairpersonMALLIKA SRINIVASANRelated to the promoter
  • Company Secretary and Compliance OfficerR V SRIDHARAN

6 directors3 independent1 executive2 non-executive

  • RANGANATHAN VIJAYARAGHAVANIndependent · joined Aug 2022 · reappointed Jul 2025 · 46 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
  • MALLIKA SRINIVASAN · ChairpersonNon-executive · joined Jan 2011 · reappointed Jan 2011 · 1 listed board
  • SAMPATH BAHUKUDUMBI PILLAPAKKAMIndependent · joined Aug 2022 · reappointed Sep 2024 · 46 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • PARAKKAT SHOBHANA RAVINon-executive · joined Aug 2020 · reappointed Aug 2021 · 1 listed board · 1 committee seat
  • RAJAGOPAL RAJKUMARExecutive · joined Mar 2023 · reappointed Mar 2026 · 1 listed board
  • SASHIKALA SRIKATHIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 3 listed boards · 3 as independent · 5 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.

1 director who left
  • Sankar Datta, left 9 Nov 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 4 Jun 20266 of 6 present3 independent · 14 days in between
    • 20 May 20265 of 6 present2 independent · 102 days in between
    • 6 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair SAMPATH BAHUKUDUMBI PILLAPAKKAM

    RANGANATHAN VIJAYARAGHAVAN, SASHIKALA SRIKATH

    • 19 May 20262 of 3 present2 independent · 102 days in between
    • 5 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair SAMPATH BAHUKUDUMBI PILLAPAKKAM

    MALLIKA SRINIVASAN, RANGANATHAN VIJAYARAGHAVAN

    • 4 Jun 20263 of 3 present2 independent · 118 days in between
    • 5 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair RANGANATHAN VIJAYARAGHAVAN

    SAMPATH BAHUKUDUMBI PILLAPAKKAM, PARAKKAT SHOBHANA RAVI

    • 29 Apr 20263 of 3 present2 independent

  • Risk Management Committee

    Chair MALLIKA SRINIVASAN

    RANGANATHAN VIJAYARAGHAVAN, SASHIKALA SRIKATH

    • 6 Feb 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair MALLIKA SRINIVASAN

    SAMPATH BAHUKUDUMBI PILLAPAKKAM, SASHIKALA SRIKATH

    • 19 May 20263 of 3 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.

  • K.S.Aiyar & CoPeer-review certificate valid to May 2028

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 United Nilgiri Tea Estates 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 United Nilgiri Tea Estates Company dividend history

Annual general meeting, 7 Aug 2026

4,871 shareholders on the register on 31 Jul 2026; present: 12 promoters and 60 others; votes counted by S Kasi Viswanathan / Gopalaiyer & Subramanian.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.72% · promoters 100.00% · institutions 0.00% · other public 25.15%

  2. Confirmation of payment of interim dividend of Re.1/- per equity share and declaration of Final Dividend for the financial year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.72% · promoters 100.00% · institutions 0.00% · other public 25.15%

  3. Re-appointment of Ms. P. Shobhana Ravi [DIN: 08815683] as Director who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.72% · promoters 100.00% · institutions 0.00% · other public 25.15%

  4. Appointment of Mr. R. Anand [DIN:00243485] as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.72% · promoters 100.00% · institutions 0.00% · other public 25.15%

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, 25 Mar 2026, 1 resolution

5,098 shareholders on the register on 18 Feb 2026; votes counted by Mr. S. Kasi Viswanathan / Gopalaiyer and Subramanian, Chartered Accountants.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. R. Rajkumar [DIN:10044122] as a Whole-time Director of the Company
    Ordinary
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.95%

    Turnout: all 55.95% · promoters 100.00% · institutions 0.00% · other public 13.29%

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 Jul 2025, 5 resolutions

5,849 shareholders on the register on 5 Jul 2025; present: 16 promoters and 63 others; votes counted by S Kasi Viswanathan / Gopalaiyer & Subramanian.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2025 together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.47% · promoters 100.00% · institutions 0.00% · other public 16.58%

  2. Confirmation of payment of interim dividend of Re.1/- per equity share and declaration of Final Dividend for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.47% · promoters 100.00% · institutions 0.00% · other public 16.58%

  3. Re-appointment of Mr. R. Rajkumar [ DIN : 10044122] as Director who retires by rotation.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 57.47% · promoters 100.00% · institutions 0.00% · other public 16.58%

  4. Re-appointment of Mr. R. Vijayaraghavan [DIN:00026763] as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 57.47% · promoters 100.00% · institutions 0.00% · other public 16.58%

  5. Appointment of Shanmugam Rajendran & Associates LLP, Company Secretaries, Chennai as Secretarial Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 57.47% · promoters 100.00% · institutions 0.00% · other public 16.58%

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.

Extraordinary general meeting, 30 Jan 2025, 1 resolution

6,030 shareholders on the register on 23 Jan 2025; present: 15 promoters and 34 others; votes counted by S.KASI VISWANATHAN / GOPALAIYAR & SUBRAMANIAN.The company's voting result (opens in a new tab)

  1. Appointment of Ms.Sashikala Srikanth as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.39% · promoters 100.00% · institutions 0.00% · other public 12.09%

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, 6 Sep 2024, 5 resolutions

Present: 24,05,131 promoters and 27,48,866 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year end 31st March 2024 together with the reeport of Board of Directors and Auditors
    Ordinary
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.33%

    Turnout: all 59.34% · promoters 99.97% · institutions 0.00% · other public 20.67%

  2. i. To confirm the payment of Interim Dividen of Re.1 per euity share and ii. To declare Final Dividend for the financial year 2023-24
    Ordinary
    93.03% for6.97% against

    Against: promoters 0.00% · institutions 0.00% · other public 43.26%

    Turnout: all 59.34% · promoters 99.97% · institutions 0.00% · other public 20.67%

  3. To appoint a director in place of Ms.Mallika Srinivasan [DIN: 0037022] who retires by rotation and is eligible for re-appointment
    OrdinaryPromoters have an interest in it
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.38%

    Turnout: all 59.34% · promoters 99.97% · institutions 0.00% · other public 20.67%

  4. To appoint a director in place of Mr.P.B.Sampath [DIN: 00037043] who retires by rotation and eligible for re-appointment
    Special
    93.02% for6.98% against

    Against: promoters 0.00% · institutions 0.00% · other public 43.30%

    Turnout: all 59.34% · promoters 99.97% · institutions 0.00% · other public 20.67%

  5. Payment of Commission to non-wholetime Directors
    SpecialPromoters have an interest in it
    93.02% for6.98% against

    Against: promoters 0.00% · institutions 0.00% · other public 43.30%

    Turnout: all 59.34% · promoters 99.97% · institutions 0.00% · other public 20.67%

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, 21 Jul 2023, 3 resolutions

Present: 15 promoters and 29 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March 2023 together with the report of Board of Director and Auditors
    Ordinary
    0.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

  2. i. To confirm the payment of interim dividend of Re.1 per share for the financial year 2022-23, ii. To declare final dividend for the financial year 2022-23
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 55.32% · promoters 99.89% · institutions 0.00% · other public 12.18%

  3. To appoint a Director in place of Ms.P.Shobhana Ravi (DIN:08815683) who retires by rotation and is eligible for re-appointment
    Ordinary
    0.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

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, 16 May 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr.R.Rajkumar (DIN:10044122) as a Whole-time Director
    Ordinary
    93.90% for6.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 38.88%

    Turnout: all 61.88% · promoters 93.46% · institutions 78.35% · other public 22.56%

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 2022, 6 resolutions

Present: 13 promoters and 24 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st Marth 2022together with report of Board of Directors and Auditors report htereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.47% · promoters 94.14% · institutions 0.00% · other public 24.71%

  2. (i) To confirm the payment of Interim dividend of R3.1/- per equity share for the financial year 2021-22; (ii) To declare Final Dividend for the financial year 2021-22;
    Ordinary
    93.05% for6.95% against

    Against: promoters 0.00% · institutions 0.00% · other public 40.93%

    Turnout: all 56.47% · promoters 94.14% · institutions 0.00% · other public 24.71%

  3. To appoint a Director in place of Mr.T.G.B.Pinto who retires by rotation and is eligible fo rre-appointment.
    Ordinary
    93.05% for6.95% against

    Against: promoters 0.00% · institutions 0.00% · other public 40.93%

    Turnout: all 56.47% · promoters 94.14% · institutions 0.00% · other public 24.71%

  4. Appointment of M/s.K.S.Aiyar & Co. Chartered Accountants as Statutory Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.47% · promoters 94.14% · institutions 0.00% · other public 24.71%

  5. Appointment of Mr.P.B.Sampath (DIN:00037043) as an Independent Director
    Special
    93.05% for6.95% against

    Against: promoters 0.00% · institutions 0.00% · other public 40.93%

    Turnout: all 56.47% · promoters 94.14% · institutions 0.00% · other public 24.71%

  6. Appointment Mr.R.Vijayaraghavan as an Independent Director
    Special
    93.05% for6.95% against

    Against: promoters 0.00% · institutions 0.00% · other public 40.93%

    Turnout: all 56.47% · promoters 94.14% · institutions 0.00% · other public 24.71%

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

None open at any 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
No
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.