Tiaan Consumer Limited Reports Quarterly Loss and Approves Financial Results

Tiaan Consumer Limited's Board of Directors approved unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a profit/(loss) before tax of (6.592) for the period. The company's total assets stood at 2,50,693.466, with equity share capital of 1,026.90. The Board confirmed that Regulation 32 of SEBI (LODR) Regulations, 2015 regarding deviation in use of proceeds is not applicable as the company has not issued any shares through public issue, private placement, or preferential issue. The financial results were reviewed by statutory auditors VRSK & Associates.

Tiaan Consumer Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2025

Tiaan Consumer Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2025, during a meeting held on August 8, 2025, at the company's corporate office in New Delhi. The meeting commenced at 1:15 PM and concluded at 1:45 PM. The board also discussed compliance with Regulation 32 of SEBI (LODR) Regulations, 2015, determining it was not applicable to the company as it has not issued any shares through public issue, rights issue, or preferential issue. The company reported zero investor complaints for the quarter, with no complaints pending, received, or unresolved. The financial results were prepared in compliance with Indian Accounting Standards and have undergone a limited review by statutory auditors.

Tiaan Consumer Limited Appoints Two New Directors and Auditors

Tiaan Consumer Limited has appointed Mr. Iroda Alloyorovna Ochilova as Additional Non-Executive & Non-Independent Director and Mr. Munesh Kumar as Additional Executive & Non-Independent Director, both effective July 24, 2025. Both appointments are for a term of 5 consecutive years and require shareholder approval. The company also appointed Parul Agrawal & Associates as Secretarial Auditor for FY 2025-2026 and Mr. Mukesh Sah as Internal Auditor for 5 consecutive years starting FY 2025-2026. Parul Agrawal & Associates is a Delhi-based practicing company secretaries firm providing corporate and SEBI law services. Mr. Mukesh Sah is a graduate in accounts with knowledge and experience in accounting. Both new directors have provided declarations confirming they are not debarred from accessing capital markets or holding director positions.

Tiaan Consumer Limited Approves Major Share Capital Increase and Board Changes

Tiaan Consumer Limited's board approved a significant increase in authorized share capital from Rs 13.20 crore to Rs 10,000 crore, consisting of 10 billion equity shares of Rs 10 each. The company plans to issue up to 1.49 billion equity shares at Rs 10 per share on a preferential basis to five non-promoter entities by converting existing unsecured loans worth Rs 1,490 crore. The investors include Alstone Textiles (India) Limited, Blue Bell Finance Limited, Shanta Agencies Private Limited, Shri Niwas Leasing and Finance Limited, and Twinkle Mercantiles & Credits Private Limited. The board appointed Ms. Iroda Alloyorovna Ochilova as Additional Non-Executive Director and Mr. Munesh Kumar as Additional Executive Director, both for five-year terms. Two directors resigned: Managing Director Mr. Bharat Bhushan and Additional Director Mr. Parmanand Chaubey, both citing personal reasons. The company also appointed Parul Agrawal & Associates as Secretarial Auditor and Mr. Mukesh Sah as Internal Auditor. The 33rd Annual General Meeting is scheduled for August 20, 2025, with a cut-off date of August 13, 2025 for voting eligibility. All major decisions require shareholder and stock exchange approvals.