Dhunseri Tea & Industries has informed that in furtherance to letter dated 191h June, 2020 wherein the Company had intimated to stock exchanges the date of the Board Meeting for consideration of Audited Financial Results of the Company for the year ended 31st March, 2020 and dividend, if any, for the year ended 2019-20; the Board of Directors at their Meeting held today has approved the following: Annual Accounts for the financial year ended 31st March, 2020 and Standalone/ Consolidated Audited Financial Results of the Company for the quarter and year ended 31st March, 2020; to convene the 23rd Annual General Meeting (AGM) of the Company on Wednesday, the 23rd September, 2020; the Board of Directors has recommended a dividend of 25% (Rs 2.50 per equity share of Rs 10 each) for the year 2019-20, subject to the approval of the shareholders in the ensuing Annual General Meeting. Pursuant to Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company enclosed the annual audited financial results (standalone and consolidated) for the financial year ended 31st March, 2020 which was approved by the Board at its meeting held on date. The Company also enclosed the Audit Reports (standalone and consolidated) along with a declaration with respect to the audit report(s) with unmodified opinion for the financial year ended 31st March, 2020. In accordance with SEBI directive and relaxation given till 30th June, 2020, newspaper publication is not mandatory for listed entities till 30th June, 2020, hence the same is not being published. The Meeting commenced at around 16:50 hours and concluded at around 23:55 hours.
The above information is a part of company’s filings submitted to BSE.
