Tejassvi Aaharam Ltd

Meeting Details

• Date: 14 August 2026 (Friday); Time: not disclosed; Location: not disclosed.

Key Agenda Items

• To consider and approve the unaudited financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closure for Designated Persons: 01 July 2026 to 16 August 2026.

Preferential allotment overview

• Board approved non-cash preferential allotment of 5,11,62,204 equity shares for Funk Foods swap.
• Issue price ₹10 per share; aggregate value ₹511,622,040.
• Consideration is non-cash via swap for 33,67,042 Funk Foods shares.
• Shares are fully paid-up and rank pari passu with existing equity.
• Approvals obtained: Postal Ballot on 26 March 2026; BSE in-principle approval on 7 July 2026.
• Post-issue aggregate holding by allottees amounts to 87.96% of equity.
• Total new shares issued: 5,11,62,204; issue under preferential allotment per ICDR 2018.
• Allottees comprise promoter group and non-promoter entities; detailed in Annexure IA.
• Board meeting held 20 July 2026, 5:30 PM to 6:30 PM.

Dematerialisation processing and certificate cancellation

• Dematerialisation requests for quarter ended 30 June 2026 were processed and confirmed to the depositories; listed on exchanges.
• Physical dematerialisation certificates were mutilated and cancelled after verification; depository's name substituted as registered owner within 15 days.

In-principle approval details

• BSE granted in-principle approval under Regulation 28(1) for preferential issue to non-promoters via share swap.
• Issue size: 51,162,204 equity shares of ₹10 each at ₹10 per share.
• Subject to compliance with Companies Act 2013, ICDR, LODR, and other applicable laws.
• Not a listing approval; listing application to be filed within 20 days of allotment.
• Company to strengthen internal controls and obtain undertakings to prevent intraday trading till allotment.
• Exchange may withdraw if information is incomplete or misleading.

Open offer

• Acquirers include four entities and one PAC.
• Target company is Tejassvi Aaharam Limited.
• Offer triggered by substantial acquisition under takeover regulations.

Offer terms

• Up to 70,00,000 equity shares will be acquired.
• Offer represents 12.04% of emerging voting share capital.
• Offer price is ₹10 per share, cash consideration.
• Total consideration is up to ₹7,00,00,000.
• This is a mandatory open offer.

Background

• Offer follows a preferential issue and related acquisition structure.
• Certain transferor company allottees are deemed PACs and ineligible.
• No change in control is stated in this chunk.

Shareholding

• Acquirers held no stated pre-offer shareholding in this chunk.
• Post-offer shareholding is not stated in this chunk.
• Public shareholding available for tendering is 12.04%.

Timeline

• Reminder advertisement published on May 4, 2026.
• Eligible shareholders may download the letter of offer online.
• Physical shareholders may request a soft copy from the registrar.

Eligibility

• Only eligible public shareholders may tender shares.
• Deemed PAC shareholders are ineligible to participate.

Notes

• No independent directors' recommendation is disclosed in this chunk.
• No additional statutory approvals or conditions are stated here.