Norben Tea Sets July 3 AGM Date, Shares Gain Over 2%

Norben Tea & Exports Ltd. has announced that its register of members and share transfer books will remain closed from June 27 to July 3, 2026, ahead of its 36th Annual General Meeting (AGM).

The AGM is scheduled to be held on July 3 at 11:30 a.m. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM), according to the company’s stock exchange filing.

Shares of Norben Tea, which has a market capitalization of ₹118.14 crore, were trading at ₹76, up 2.62 percent from the previous close of ₹74.06. The stock touched an intraday high of ₹77.50.

AGM details

Key dates announced by the company are:

  • Book closure period: June 27 to July 3, 2026
  • AGM date: July 3, 2026
  • Time: 11:30 a.m. IST
  • Mode: VC and OAVM

The company said securities received for transfer before the announcement have already been processed, while pending transfers will be completed within the prescribed timelines.

Matters to come up before shareholders

During the annual meeting, shareholders are expected to consider:

  • Adoption of audited financial statements for FY26
  • Retirement and reappointment of directors
  • Other statutory business

Investors are also likely to watch management’s comments on the upcoming tea season and operating conditions.

Industry backdrop

The AGM comes amid firm tea prices.

Supply disruptions in key tea-growing regions in North India during 2026 have led to tighter supplies and higher auction prices.

Improving export demand for Indian tea varieties, including:

  • CTC tea
  • Orthodox tea

has also supported the sector.

Exports to markets in the Middle East and CIS countries have shown improvement, benefiting tea producers and exporters.

Stock performance

Norben Tea shares have rallied sharply over the past year.

The stock has delivered returns of around 117 percent over the last 12 months.

The company remains a micro-cap stock with limited liquidity, which can result in sharp price movements.

About the company

Established in 1990, Norben Tea & Exports cultivates and manufactures 100 percent clonal CTC tea in West Bengal’s Darjeeling-Jalpaiguri region.

Its operations span three plantation divisions:

  • Berubari
  • Pareshnagar
  • Sakati

The company has annual processing capacity of about 600,000 kg.

Tea sales contribute around 91 percent of its revenue, with the balance coming from tea cuttings and commission income.

TL;DR:

Norben Tea & Exports has fixed June 27 to July 3 as the book closure period ahead of its 36th AGM, which will be held virtually on July 3.

AI summary:

  • Norben Tea’s AGM is scheduled for July 3, 2026.
  • The book closure period will run from June 27 to July 3.
  • The meeting will be conducted through video conferencing.
  • Shares gained over 2% during the session.
  • The stock has risen around 117% over the past year.
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