Tiaan Consumer Limited shareholders approved the appointment of Hitesh Kishor Gajra as Managing Director during the company’s 34th Annual General Meeting held on September 12, 2026.

The meeting, conducted via video conference and other audio-visual means, commenced at 3:00 pm and concluded at 3:15 pm. Forty-one shareholders attended the session to vote on ordinary and special business items.

Key Resolutions Passed

Shareholders approved three key resolutions during the proceedings:

• Adoption of financial statements, director’s report, and auditor’s report for the year ended March 31, 2026.
• Appointment of Hitesh Kishor Gajra (DIN: 11278758) as Managing Director.
• Appointment of a secretarial auditor for five years, from FY27 to FY31.

Voting Results

The scrutinizer’s report confirmed that all three resolutions were passed with the requisite majority. Voting was conducted exclusively through remote e-voting facilitated by Central Depository Services (India) Limited (CDSL). No shareholders voted via ballot box or postal ballot.

As of the record date of September 5, 2026, the company had 6,183 shareholders. Promoter and promoter group shareholders did not participate in the e-voting process. All votes were cast by public non-institutional shareholders.

The total number of shares held by public non-institutional investors was 10,267,164, representing a participation rate of 17.62% on outstanding shares. The promoter group held 1,851 shares but did not cast any votes.

Meeting Proceedings

Ms. Riya Jain, Company Secretary, presided over the meeting after confirming the requisite quorum was present. The notice convening the meeting and the statutory auditors’ reports on audited standalone financial results were taken as read with member consent.

Management provided an overview of the company’s future planning and performance outlook. Members who had not cast votes through remote e-voting were given the opportunity to vote at the meeting. ACS Parul Agrawal served as the scrutinizer for the voting process.

No requests were received from members to register as speakers for the question-and-answer session up to September 5, 2026. The company announced that e-voting results would be declared within two working days of the meeting’s conclusion.

Tiaan Consumer Limited reported a net loss of ₹13.75 lakh for the fiscal year ended March 31, 2026 (FY26), reversing the net profit of ₹3.45 lakh recorded in FY25. The company has scheduled its 34th annual general meeting (AGM) for September 12, 2026, to adopt these audited financial statements and approve key management appointments.

The decline in profitability was driven by a contraction in total income, which fell to ₹18.90 lakh in FY26 from ₹31.19 lakh in the previous year. This drop coincided with a rise in total expenses to ₹31.70 lakh from ₹27.74 lakh. Consequently, the company incurred a pre-tax loss of ₹12.80 lakh, compared to a pre-tax profit of ₹3.45 lakh in FY25.

Financial Performance Overview

The company’s revenue from operations, primarily derived from interest on loans, stood at ₹18.90 lakh in FY26, up from ₹9.51 lakh in FY25. However, this growth was offset by significant other expenses and a lack of other income, which had contributed ₹21.68 lakh in FY25 but was nil in the current year.

Balance Sheet and Capital Structure

As of March 31, 2026, Tiaan Consumer’s total assets amounted to ₹2,50,686.59 lakh. The balance sheet is dominated by non-current liabilities, specifically unsecured borrowings totaling ₹2,50,000.00 lakh, which remained unchanged from the previous year. Current assets included loans and advances of ₹1,31,789.92 lakh and investments of ₹16,342.03 lakh.

The company’s equity stood at ₹684.24 lakh, comprising equity share capital of ₹1,026.90 lakh and negative retained earnings of ₹342.66 lakh. The authorized share capital remains at ₹13.20 crore, with paid-up equity share capital at ₹10.27 crore.

AGM Agenda and Governance Updates

The 34th AGM will be conducted via video conferencing or other audio-visual means. Shareholders holding shares as of the cut-off date of September 5, 2026, are eligible to vote. Remote e-voting through the NSDL platform will run from September 9 to September 11, 2026.

Key agenda items include:

• Adoption of the audited financial statements for FY26.
• Appointment of Hitesh Kishor Gajra as Managing Director, effective September 12, 2026.
• Appointment of M/s Parul Agrawal & Associates as Secretarial Auditor for five years, from FY27 to FY31.

Munesh Kumar continues as Executive Director and Chairperson. The board includes Divyesh Kishor Bhanushali and Bhoomi Girish Bhadra as Non-Executive Independent Directors, and Iroda Alloyorovna Ochilova as a Non-Executive Non-Independent Director. V R S K & Associates serves as the statutory auditor.