Tyroon Tea Company's Board of Directors has approved a Conditional Debt Repayment Agreement with Hasimara Industries Limited.

This decision addresses an obligation as a non-material related party transaction, reflecting a proactive approach to managing the company's financial structure.

The agreement received prior approval from the Audit Committee before being presented to the Board.

This step is significant for stakeholders as it clarifies outstanding debt with an associated entity, potentially bolstering the company's balance sheet and operational stability.