About Dhunseri Investments Limited

Dhunseri Investments Limited is a non-banking financial company (NBFC) engaged primarily in dealing in shares and securities, with activities disclosed under “treasury operations” alongside a tea business that converts green tea leaves to black tea for sale and invests in tea companies. On a consolidated basis, the Group’s operating footprint spans India and Singapore, with associated interests in India and Egypt through equity-accounted investees in PET resin manufacturing. As on March 31, 2025, the Company has 4 subsidiaries; these include Indian subsidiaries and a foreign subsidiary in Singapore, with one overseas subsidiary (DVL USA Inc) sold during the year.

A notable milestone in the latest year was the reorganisation of its major investment portfolio. The Company purchased 30,78,759 equity shares of Dhunseri Ventures Limited (DVL) from Naga Dhunseri Group Limited (NDGL) and sold 48,09,595 equity shares of Dhunseri Tea and Industries Limited (DTIL) to NDGL. Following this, the Company’s holding in DVL stood at 65.23%; shareholder approval for these related party transactions was obtained via a postal ballot conducted during December 2024. The Group also completed the sale of DVL USA Inc during the year, as reflected in statutory filings.

What do Dhunseri Investments Limited do?

At the standalone level, Dhunseri Investments Limited manages treasury assets for capital appreciation and runs a tea business. At the Group level, operations extend to trading of PET resin, flexible packaging films (BOPET), food and beverages (a bakery business in Singapore), treasury operations, and tea. Geographies covered include India and Singapore, with associated interests in Egypt in PET resin manufacturing.

Dhunseri Investments Limited Business Segments

• Segment mix (consolidated, revenue from operations, FY 2024-25): Flexible Packaging Films 70.71%; Treasury 12.17%; Food & Beverages 11.24%; Trading 5.42%; Tea 0.45%. Calculated from the segment disclosures in the Annual Report.
• Geography mix by sale of products (consolidated, FY 2024-25): Domestic (India) 82.23%; International 17.77% (of which Singapore 12.79% and other countries 5.01%). Based on the geographical information presented in the report.

Dhunseri Investments Limited Key Management

• Chandra Kumar Dhanuka, Chairman
• Aruna Dhanuka, Managing Director & CEO
• Bharati Dhanuka, Non-Executive Director
• Purushottam Jagannath Bhide, Independent Director
• Ramesh Kumar Chandak, Independent Director
• Raj Vardhan Kejriwal, Independent Director
• Rajeev Rungta, Independent Director
• Bhagwati Agarwal, Chief Financial Officer
• Nikita Gupta, Company Secretary & Compliance Officer

Latest Updates on Dhunseri Investments Limited

• Portfolio reorganisation: The Company increased its focus on DVL by purchasing 30,78,759 DVL shares from NDGL and exited its 45.77% holding in DTIL via sale to NDGL; shareholder approval was obtained through a postal ballot in December 2024. Post-transaction, the Company holds 65.23% in DVL.
• Board induction: Appointment of Mr. Rajeev Rungta as an Independent Director was approved at the AGM held on August 22, 2024.
• Subsidiary change: DVL USA Inc was sold during the year, as disclosed in the statutory Form AOC-1 notes.
• Secretarial Auditor: Appointment of M/s. M Shahnawaz & Associates as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30) was proposed and approved, as per the AGM notice and related resolutions.
• No material post-reporting events: The Group reported no material events after the reporting period up to the date of the financial statements.