Tierra agrotech Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission demonstrates the company's commitment to maintaining compliance with securities market regulations.

Regulatory Filing Details

The certificate was submitted to BSE Limited on April 15, 2026, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This quarterly filing is a mandatory requirement for listed companies to ensure transparency and regulatory compliance in the depositories framework.

Company Secretary Certification

K. Anagha Devi, Company Secretary and Compliance Officer (Membership No: A70068), digitally signed and submitted the certificate on behalf of Tierra Agrotech Limited. The digital signature was applied on April 15, 2026, at 14:16:53 +05'30', ensuring the authenticity and integrity of the regulatory submission.

Depositories Participant Confirmation

Venture Capital and Corporate Investments Private Limited, serving as the depositories participant, issued a separate confirmation dated April 3, 2026. The participant confirmed that Regulation 74(5) is not applicable to Tierra Agrotech Limited for the quarter ended March 31, 2026, citing specific operational circumstances.

The depositories participant's confirmation indicates that all of Tierra Agrotech Limited's shares remain in dematerialized form, with no member requests for conversion between physical and electronic formats during the reporting quarter. This operational status affects the applicability of certain regulatory provisions under the SEBI framework.

Corporate Governance Framework

The timely submission of regulatory certificates reflects Tierra Agrotech Limited's adherence to corporate governance standards and securities market regulations. The company's compliance with SEBI depositories regulations ensures transparency in share holding patterns and facilitates efficient trading and settlement processes for investors.

Tierra Agrotech Limited announced its unaudited financial results for the third quarter ended December 31, 2025, alongside approving a major restructuring scheme. The agritech company reported mixed performance with revenue growth but continued losses, while simultaneously initiating strategic corporate actions to strengthen its business structure.

Financial Performance Overview

The company's standalone financial results for Q3FY26 showed revenue from operations of ₹500.44 crores, representing a 4.51% increase from ₹478.83 crores in Q3FY25. However, the net loss for the quarter stood at ₹578.28 crores compared to ₹626.41 crores in the corresponding quarter of the previous year, indicating a marginal improvement in loss reduction.

For the nine months ended December 31, 2025, revenue from operations reached ₹6,707.93 crores compared to ₹6,077.27 crores in the corresponding period of FY25, marking a 10.38% growth. The nine-month net loss was ₹382.43 crores versus ₹656.42 crores in the previous year, showing significant improvement.

Major Corporate Restructuring Approved

The Board of Directors approved a comprehensive Composite Scheme of Arrangement and Amalgamation involving multiple strategic initiatives. The scheme includes the amalgamation between Nishpra Community Solutions Private Limited (transferor company) and Tierra Agrotech Limited (transferee company), subject to statutory and regulatory approvals including the National Company Law Tribunal.

Capital Structure Reorganization

The restructuring involves several key components designed to optimize the company's capital structure:

Strategic Rationale and Benefits

The amalgamation aims to create a vertically integrated business model, combining Tierra Agrotech's seed production and agricultural inputs expertise with Nishpra's food processing capabilities. This integration is expected to generate substantial operational synergies through cost savings in administrative functions, economies of scale in procurement, and consolidated marketing efforts.

The capital reduction addresses the company's accumulated losses of ₹85.89 crores against reserves of ₹124.99 crores as of March 31, 2025. Post-restructuring, the paid-up capital will reduce to ₹26.24 crores, while reserves will stand at ₹78.45 crores after adjusting remaining losses against the securities premium account.

Shareholding Pattern Changes

The scheme will significantly alter the shareholding structure. Post-implementation, promoter shareholding will increase from 1.37 crore shares to 7.66 crore shares (face value ₹2 each), while public shareholding will expand from 11.75 crore to 19.05 crore shares. The subdivision aims to enhance liquidity and encourage wider retail investor participation.

Regulatory Compliance and Next Steps

The scheme requires multiple approvals including stock exchange clearance, shareholder consent, creditor approval, and National Company Law Tribunal sanction. The company will file the draft scheme with stock exchanges according to SEBI Listing Regulations provisions. The Board meeting was held on January 12, 2026, with all resolutions receiving unanimous approval from directors.