Grob Tea Company Share Price Today

Grob Tea completes ₹72.16 crore acquisition of Bazaloni Group

The Grob Tea Co Ltd has finalized the acquisition of Bazaloni Group Limited for ₹72.16 crore, making it a wholly owned subsidiary. The deal, completed on July 28, 2026, adds Bazaloni's 1,000-hectare tea estates and strong financial performance to The Grob Tea Co Ltd's portfolio.

Grob Tea resubmits Annual Report for FY26 to correct formatting error

Grob Tea Company Limited resubmitted its Annual Report for FY 2025-26 to correct a formatting error regarding the RTA address, confirming no impact on financial data. The company reported a revenue of ₹1,143.78 crore and a net profit of ₹32.62 crore for the year ended March 31, 2026. The Board recommended a dividend of ₹2 per share and proposed the re-appointment of the Managing Director.

Grob Tea to acquire Bazaloni Group for ₹72.16 crore

The Grob Tea Co Ltd approved the acquisition of 100% equity shares of Bazaloni Group Limited for ₹72.16 crore. The transaction, approved by the Board on July 1, 2026, will make Bazaloni Group a wholly-owned subsidiary. The target entity operates the Bazaloni Tea Estate in Assam with a turnover of ₹52.78 crore in FY26.

Grob Tea Fixes Record Date for ₹2 Dividend

Grob Tea Co. Ltd. has announced August 4, 2026, as the record date for a ₹2 per share final dividend for FY 2025-26. The AGM to approve the dividend is set for August 11, 2026, with book closure from August 5 to August 11.

The Grob Tea Company's Statutory Auditor M/s GARV & Associates Resigns Over Fee Dispute

M/s GARV & Associates, Chartered Accountants (Firm Registration No. 301094E), resigned as statutory auditor of The Grob Tea Company Limited effective 13 May 2026, after completing the audit and limited review reports for the quarter and year ended 31 March 2026. The firm, appointed at the AGM on 2nd August 2022 for a five-year term through financial year 2026-27, cited that existing audit fees were not commensurate with the effort required due to entity acquisitions by the company. The resignation was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Balkrishna Singhania Resigns as Independent Director of The Grob Tea Company Limited, Effective May 13, 2026

Balkrishna Singhania has resigned as Independent Director of The Grob Tea Company Limited, effective May 13, 2026, citing personal reasons and other commitments. His resignation, submitted on May 11, 2026, was disclosed under Regulation 30 of SEBI's Listing Regulations. He will also cease to be a member of the company's Audit Committee and Nomination & Remuneration Committee upon cessation. He confirmed no other material reasons exist beyond those stated in his resignation letter.