Travel Food Services has announced that its officials will participate in the upcoming 360 ONE Capital (B&K) 16th Annual Global Investor Conference – TRINITY INDIA 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company representatives will engage in one-on-one and group meetings with investors during the conference. The interaction is scheduled to take place in Mumbai on May 27, 2026, starting at 9:00 A.M. onwards.

Conference Details

The following table outlines the specific details regarding the participation:

Travel Food Services Limited clarified that all discussions during the meeting will be based on publicly available information. The company confirmed that no unpublished price sensitive information will be disclosed during the interaction. The information regarding the participation has also been uploaded on the company's official website.

Travel Food Services Limited has encountered a significant legal setback after the Delhi High Court set aside an arbitral award that was previously issued in the company's favor. The court order dated April 6, 2026, received by the company on April 12, 2026, has overturned the arbitral award dated September 26, 2022, in a dispute involving the Airport Authority of India.

Background of the Dispute

The legal proceedings stem from Travel Food Services' F&B concession operations at Dabolim Airport, Panaji, Goa. The company had initiated arbitration proceedings against Airport Authority of India, Goa Airport in 2018, seeking rebate in concession fees due to non-provision of electricity by AAI. Additionally, the company sought release of security deposits, bank guarantees, and other cash deposits held with AAI.

Court's Ruling and Rationale

The Delhi High Court allowed AAI's petition filed under Section 34 of the Arbitration and Conciliation Act, 1996, which challenged the original arbitral award. In a significant development, the court ruled that the unilateral appointment of the arbitrator by AAI was 'void ab initio', thereby rendering the arbitral award a 'nullity' in the eyes of law.

The court's decision was based on a recent judgment of the Supreme Court, and notably, the High Court reached this conclusion without examining the merits of the original award. This procedural ruling has effectively invalidated the entire arbitration process that had previously favored Travel Food Services.

Impact on Pending Applications

As a consequence of the High Court's order, the execution application filed by Travel Food Services in April 2024 for implementing the arbitral award has also been disposed of as infructuous. This means the company cannot proceed with enforcing the favorable arbitral award that had rejected AAI's counterclaims pertaining to alleged non-payment of concession fees.

Company's Response and Next Steps

Travel Food Services has stated that it is currently assessing the implications of the court order in consultation with its legal advisors. The company is evaluating appropriate courses of action to safeguard its interests following this legal setback.

The development has been disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, as it represents a material change in the status of ongoing litigation involving the company. This disclosure follows the company's earlier mention of the case in its prospectus dated July 10, 2025.