Chatha Foods Ltd

Trading approval details

• Trading approval received from BSE for 1,03,000 equity shares.
• Shares allotted on conversion of warrants to promoters on a preferential basis.
• Face value Rs 10; issue price Rs 127 per share (premium Rs 117).
• Distinctive numbers 24081880 to 24184879.
• Effective listing date: 24 August 2026.
• Listing notice No. 20260821-15 dated Aug 21, 2026.
• Trading approval letter from BSE enclosed; details uploaded on company website.
• Promoters are recipients of the preferential allotment.

Target overview

• Allana CF Foods Private Limited, a subsidiary of Chatha Foods, engaged in ready-to-eat foods in India.
• Turnover Nil; paid-up capital Rs 39,80,50,000; authorized capital Rs 42,00,00,000.
• Related party: holding-subsidiary relationship; promoter group has no other interest; arm's length.
• Industry: Food Industry.
• Purpose: acquire 51% stake to consolidate control of the subsidiary.
• Regulatory approvals: Not Applicable.
• Timeline: Allotment of shares on August 12, 2026.
• Nature of consideration: Cash.
• Cost of acquisition: Rs 20,33,000.
• Percentage acquired: 51% shareholding.
• Background: Incorporated 8 April 2025; focuses on ready-to-eat/cook foods.

Listing approval and share details

• Date: 11 August 2026; BSE approved listing of 103,000 promoter warrants converted to equity shares.
• Shares have face value Rs 10; issued on a preferential basis to promoters.
• Listing approval letter enclosed; documentation uploaded on the company's website.

Parties

• Chatha Foods Limited (CFL) and Frigorifico Allana Private Limited (FAPL) are parties to the supplementary SHA.
• Joint venture Allana CF Foods Private Limited (JV) governs the arrangement, formed on 8 April 2025.

Purpose

• Supplementary SHA records revised strategic alignment between CFL and FAPL for the JV.
• Aims to implement updated capital and governance terms.

Key terms

• Authorised share capital increased to Rs 42,00,00,000.
• Equity capital Rs 41,00,00,000; CCPS Rs 1,00,00,000.
• Paid-up capital increased accordingly under the agreed structure.
• FAPL to subscribe equity shares up to Rs 10,80,50,000.
• Shareholding realigned to 51:49 CFL:FAPL; CCPS Rs 79,50,000.
• Board reconstituted to four directors, two per party.
• CFL does not hold any shares in FAPL.

Related party status

• Not a related party transaction.
• No related party relationship between CFL and FAPL.

Impact

• JV ownership shifts to 51% CFL and 49% FAPL.
• Capital infusion aligns structure with governance implications.
• Board balance maintained with two directors from each party.

Amendment / disclosures

• Supplementary SHA dated 07 August 2026; amendment details disclosed.
• Annexure I contains disclosures; no conflicts disclosed.
• Nil other disclosures; no management changes disclosed.

Operational update

• Commenced commercial production at dedicated Vegetarian Manufacturing Unit in Punjab.
• Unit located at Hadbast No. 206, Village Toffanpur, Tehsil Dera Bassi, SAS Nagar.
• Annual production capacity of 16,000 metric tonnes.
• Products include frozen flatbreads, snacks, ready-to-cook gravies and sauces, ready-to-eat rice.
• Target markets: QSR, HoReCa, own-brand D2C, and export.
• Continuing from the Nov 18, 2025 commissioning disclosure.
• Expected to enhance manufacturing flexibility, customer servicing, and future growth capacity.

Brand identity launch

• CFL introduces Unifayre Foods as its new customer-facing brand identity.
• No change to the company's legal or corporate structure.
• Unifayre Foods reflects evolved capabilities in processing, innovation and customised food solutions.
• Brand rollout across touchpoints will occur over coming months.

Investments and capabilities

• Investments in processing infrastructure and R&D support expansion.
• Recently commissioned vegetarian food processing facility.

Structure and governance

• Listed entity remains CFL; no change to legal structure.

Outlook and markets

• Unifayre Foods will be introduced across customer touchpoints over coming months.
• Brand represents expanded capabilities and ongoing relationships with customers.

JV facility readiness

• JV Allana CF Foods Private Limited facility achieved operational readiness for commencement of operations.
• Installation, commissioning, trial manufacturing and process validation completed; regulatory requirements satisfied.
• JV is now undertaking customer audits, product development, and onboarding to support scale-up.
• Phase-wise commercial operations expected to commence scale-up in July 2026.
• LinkedIn and CFPL website to publicize facility details as part of market outreach.

Certificate details

• Compliance certificate under Reg 74(5) for the period, issued by the RTA.

Target background and deal terms

• Target: Allana CF Foods Private Limited, food sector subsidiary of Chatha Foods, incorporated 08 Apr 2025, India.
• Turnover Nil; authorized capital Rs 30 crore; paid-up capital Rs 28.79 crore.
• Related party transaction; Chatha Foods is parent; promoter group has no other interest; arm's length.
• Industry: Food sector; presence in India.
• Purpose: subscribe to rights issue; acquire 69.79% stake; aligns with existing food business.
• Regulatory approvals: Not applicable.
• Completion timeline: Allotment on 02 Jul 2026.
• Consideration: Cash; Rs 1,19,67,000 for 11,96,700 shares.
• Post allotment holding: 69.79% of Allana CF Foods Private Limited.
• Background: Ready-to-eat and ready-to-cook products; incorporated 08 Apr 2025; Nil turnover; Mohali, Punjab.