Annual report for the year ended on 31st March, 2026.

Jomes Worren Teo Limited CIN : L1 5491AS2009P1C009345 12, Pretoria Street, Kolkata 700 071, Telephone : 033-4034 1000, Telefax : 033-4034 1015 E-mail : sec@jwtl.in, Website : wwwjameswarrentea.com Date: 17.08.2026 BSE Limited Phiroze Jeej eebhoy Towers, Dalal Sfeet, Mumbai -400 001 Scrip Code :538564 Dear Sir / Madam, Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Annual Report of the Company for the Financial Year ended 3l't March, 2026 alongwith the Notice of Annual General Meeting of the Company scheduled to be held on Wednesday, the 9* duy of September,2026 at 12:30 P.M. (IST), through Video Conferencing (VCy Other Audio Visual means (OAVM). The Annual Report for the Financial Year 2025-26 is also available on the Company's website at www j ameswarrentea.com. This is for vour information and record. Thanking You, For James Warren Tea Limited Ayushi Mundhra (Company Secretary & Compliance Encl: As above Registered Office : Bordoloi Nagar, Bylane-6, Sector-2, Tinsukia, Assam 786 125,Te'' :03742-330020 2026 ANNUAL JAMES WARREN TEA LIMITED REPORT CONTENTS Page No. Corporate Information 2 Notice 3 Report of the Board of Directors and Annexures 20 Management Discussion & Analysis 41 Corporate Governance Report 44 Independent Auditors’ Report on Financial Statement 60 Balance Sheet 71 Statement of Profit and Loss Account 72 Cash Flow Statement 73 Statement of Changes in Equity 75 Notes to Financial Statement 76 Statutory Reports | Financial Reports CORPORATE INFORMATION JAMES WARREN TEA LIMITED CIN No. L15491AS2009PLC009345 Chairman Mr. Anil Kumar Ruia Whole Time Director Mr. Sandip Das Independent Directors Mr. Monojit Dasgupta Mr. Raghav Lall Mr. Rajeev Takru Non-Executive & Mrs. Shanti Kaur Non-Independent Director Chief Financial Officer Mr. Aditya More Company Secretary Mrs. Ayushi Mundhra Statutory Auditors M/s. B. Chhawchharia & Co., Chartered Accountants Secretarial Auditors Mr. Santosh Kumar Tibrewalla, Practicing Company Secretary Cost Auditors M/s. Debabrota Banerjee & Associates, Cost Accountants Bankers State Bank of India HDFC Bank Limited Kotak Mahindra Bank ICICI Bank Limited Axis Bank Limited Registrar & Share Transfer Maheshwari Datamatics Private Limited Agent 23, R. N. Mukherjee Road, 5th Floor, Kolkata - 700 001 Tel: 033-2243-5809, 2243-5029, 2248-2248; E-mail: compliance@mdplcorporate.com Tea Gardens Deamoolie Tea Estate Thowra Tea Estate Balijan (H) Tea Estate Zaloni Tea Estate Registered Office Bordoloi Nagar, ByLane-6, Sector-2, Tinsukia, Assam - 786 125 Corporate Office Aspirations Vintage, 12, Pretoria Street, Kolkata - 700 071, West Bengal Tel: 033-40341000; Email: sec@jwtl.in; Website: www.jameswarrentea.com 2026 ANNUAL JAMES WARREN TEA LIMITED REPORT NOTICE NOTICE is hereby given that the 17th Annual General Meeting of the Members of James Warren Tea Limited will be held on Wednesday, the 9th day of September, 2026 at 12:30 P.M. through Video Conferencing (VC)/Other Audio Visual Means (OAVM) to transact the following businesses:- ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statement of the Company including Audited Balance Sheet as at 31st March, 2026, the Audited Profit & Loss Account and the Cash Flow Statement together with the Notes to Accounts forming part of the financial statements for the year ended on that date along with Report of Directors’ and Auditors’ thereon. 2. To appoint a director in place of Mr. Anil Kumar Ruia (DIN: 00236660), retiring by rotation and being eligible, offered himself for re-appointment. SPECIAL BUSINESS: 3. RE-APPOINTMENT OF MR. SANDIP DAS (DIN: 07979791) AS A WHOLE-TIME DIRECTOR To consider and if thought fit, to pass, with or without modification(s) the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, 203 read with Schedule V and/or any other applicable provisions of the Companies Act, 2013 and the Rules framed thereunder (‘the Act’), Mr. Sandip Das (DIN: 07979791), be and is hereby re-appointed as a Whole-time Director of the Company (designated as Key Managerial Personnel), for a period of 1 (One) year with effect from 25th July, 2026 on such terms and conditions as detailed in the Explanatory Statement with the power to the Board to revise the remuneration and other terms within the limit prescribed under Section 197 read with Schedule V of the Act. FURTHER RESOLVED THAT the last remuneration as drawn by Mr. Das shall be deemed to be minimum remuneration for the purpose of the Act. FURTHER RESOLVED THAT the Board of Directors (hereinafter referred to as “the Board”, which term shall be deemed to include the Nomination and Remuneration Committee thereof) of the Company be and is hereby authorized to vary/alter/modify the terms & conditions of re-appointment including remuneration in its absolute discretion as it may deem fit in compliance to the provisions of the Act and applicable Regulations of the SEBI (LODR) Regulations, 2015 and such variation/alteration/modification shall deemed to be approved by the Shareholders of the Company for all purposes. FURTHER RESOLVED THAT the Board of Directors of the Company be and is hereby authorized to do all acts, deeds and things and take all such steps as may be necessary, proper or expedient to the aforesaid re-appointment.” Statutory Reports | Financial Reports NOTICE 4. APPROVAL OF REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR 2026-27 To consider and if thought fit, to pass with or without modification(s) the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions of the Companies Act, 2013 and the Rules framed thereunder, the remuneration, as approved by the Board of Directors and set out in the Explanatory Statement, be paid to M/s. Debabrota Banerjee & Associates, Cost Auditors (Firm Registration No. 003850) to conduct the audit of the cost records of the Company for the financial year 2026-27, be paid the remuneration as set out in the Statement annexed to the Notice convening this Meeting. FURTHER RESOLVED THAT the Board of Directors of the Company be and is hereby authorized to do all acts, deeds and things and take all such steps as may be necessary, proper or expedient to give effect to this resolution.” By Order of the Board of Directors For James Warren Tea Limited Sd/- Place: Kolkata Ayushi Mundhra Date: August 8, 2026 Company Secretary 2026 ANNUAL JAMES WARREN TEA LIMITED REPORT NOTICE Notes: 1. EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013 SETTING OUT THE MATERIAL FACTS IN RESPECT OF THE BUSINESS UNDER ITEM NO. 3 & 4 SET OUT IN THIS NOTICE AND THE DETAILS SPECIFIED UNDER REGULATION 36 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SECRETARIAL STANDARDS-2 ON GENERAL MEETING ISSUED BY THE COMPANY SECRETARIES OF INDIA, IS ANNEXED HERETO. 2. In accordance with the provisions of the Act, read with the Rules made thereunder and General Circular No. 03/2025 dated 22nd September, 2025, other Circulars issued by the Ministry of Corporate Affairs (“MCA”) from time to time, Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July, 2023 and Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated 7th October, 2023 and Circular No. SEBI/HO/CFD/CFD- PoD-2/P/CIR/2024/133 dated 3rd October, 2024 issued by SEBI (“the Circulars”), Companies are allowed to hold Annual General Meeting (AGM) through video conference or other audio visual means (“VC/OAVM”) without the physical presence of the members at a common venue till further orders. Accordingly, in compliance with these Circulars, provisions of the Act and Listing Regulations, the 17th AGM of the Company is being conducted through VC/OAVM facility. The deemed venue for the AGM shall be the Registered Office of the Company. The Central Deposi [Showing first 8,000 characters — download PDF for full document]