Tanvi Foods (India) Limited held its Board of Directors meeting on May 30, 2026, at 6:00 PM at its registered office in Hyderabad, where the board considered and approved the standalone and consolidated audited financial results for the half year and year ended March 31, 2026. The statutory auditors, Sagar and Associates (Chartered Accountants, FRN: 003510S), issued unmodified and unqualified audit reports on both the standalone and consolidated financial results, as declared by Managing Director Sri Nagaveer Adusumilli pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 6:00 PM and concluded at 11:30 PM.

Standalone Financial Performance

On a standalone basis, the company reported significant improvement across key financial metrics for FY26. Total income from operations rose to ₹10,992.69 lakhs from ₹8,482.12 lakhs in the previous year. Profit before tax improved to ₹90.55 lakhs from ₹30.68 lakhs, while net profit after tax grew to ₹90.98 lakhs from ₹36.55 lakhs in the prior year. The following table summarises the standalone performance:

Consolidated Financial Performance

On a consolidated basis, which includes subsidiaries Polar Cube Cold Storage Solutions Private Limited and Tanvi Foods USA Inc, the group reported a sharper improvement in profitability. Consolidated total income from operations stood at ₹10,609.54 lakhs for FY26 compared to ₹8,549.54 lakhs in the previous year. Consolidated profit before tax surged to ₹215.69 lakhs from ₹30.25 lakhs, and consolidated net profit after tax rose to ₹215.44 lakhs from ₹36.12 lakhs. The consolidated results are summarised below:

Balance Sheet Highlights

The standalone total assets stood at ₹11,509.06 lakhs as at March 31, 2026, compared to ₹10,534.47 lakhs as at March 31, 2025. On a consolidated basis, total assets grew to ₹12,852.75 lakhs from ₹10,702.46 lakhs. Key balance sheet items are presented below:

Cash Flow Summary

On a standalone basis, net cash from operating activities was ₹447.82 lakhs for FY26, compared to ₹466.04 lakhs in the previous year. Net cash used in investing activities stood at ₹(341.21) lakhs, while net cash used in financing activities was ₹(132.94) lakhs, resulting in a net decrease in cash and cash equivalents of ₹(26.33) lakhs. Standalone cash and cash equivalents at the end of the year stood at ₹16.28 lakhs. On a consolidated basis, net cash from operating activities was ₹(213.86) lakhs, with net cash used in investing activities at ₹(485.41) lakhs and net cash from financing activities at ₹658.51 lakhs, resulting in a net decrease of ₹(40.76) lakhs, with closing cash and cash equivalents at ₹27.16 lakhs.

Compliance and Auditor Declaration

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 30, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/56/2016 dated May 27, 2016. The statutory auditors confirmed that no unutilized funds were raised during the period, making the disclosure relating to statement of deviation/variation in utilization of funds not applicable for the half year ended March 31, 2026. The entire operations of the company relate to a single segment; hence, segmental reporting as per AS 17 has not been made. The paid-up equity share capital remained unchanged at ₹1,282.88 lakhs (face value ₹10/- per share) across all reported periods.

Tanvi Foods (India) Limited announced on May 12, 2026, that its Board of Directors approved the allotment of 1,90,225 equity shares to promoter Ms. Vasavi Adusumilli, pursuant to the conversion of an equivalent number of equity share warrants. The board meeting commenced at 4:30 P.M. and concluded at 5:30 P.M. on the same day. The allotment was carried out in accordance with the terms of the Extraordinary General Meeting (EGM) held on December 14, 2024, and in compliance with the applicable provisions of the Companies Act, 2013 and SEBI (ICDR) Regulations.

Allotment and Conversion Details

The equity shares allotted carry a face value of Rs. 10/- each and were issued under a preferential allotment route. The original equity share warrants were allotted on December 31, 2024, at an issue price of Rs. 90/- per warrant. At the time of the original allotment, 25% of the total consideration — amounting to Rs. 22.50/- per warrant — was received. Upon receipt of the conversion notice on May 12, 2026, the balance 75% of the consideration, amounting to Rs. 67.50/- per warrant, was received from Ms. Vasavi Adusumilli.

The key parameters of this allotment are summarised below:

Outstanding Warrants Post-Conversion

Of the total 10,48,225 equity share warrants originally allotted, 1,90,225 equity share warrants have been converted into an equivalent number of equity shares in the current allotment. The remaining 8,58,000 equity share warrants are yet to be converted and shall be converted subsequently upon receipt of the balance consideration and subject to necessary compliances. There has been no cancellation or termination of any proposal for issuance of securities.

Regulatory Compliance

The allotment details have been disclosed to BSE Limited under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was filed by Gagandeep Kaur Saluja, Company Secretary and Compliance Officer of Tanvi Foods (India) Limited. The company is headquartered at Flat No. 101, Alekhya Homes, Temple Tree, Raghavendra Colony, Kondapur, Hyderabad – 500084, Telangana, with its manufacturing unit located at D.No: 3-157, Seetharampuram, Nuzvidu Mandal, Krishna District, Pin – 521106, Andhra Pradesh.