Valencia Nutrition Limited's shareholding in its unlisted subsidiary, Valencia Beverages & Superwater Private Limited, has diluted from 100% to approximately 75% following a preferential allotment of equity shares. The dilution occurred after the subsidiary issued 30,00,000 fresh equity shares at a price of ₹10.54 per share, which includes a premium of ₹0.54 per share. Consequently, the entity has ceased to be a wholly-owned subsidiary but continues to remain a subsidiary of the company.

The preferential allotment was made to Mr. Manish Turakhia, the Managing Director and Promoter of Valencia Nutrition Limited. This transaction qualifies as a related party transaction under Section 2(76) of the Companies Act, 2013. The allotment was conducted on an arm's length basis, supported by a report from an independent Registered Valuer, and falls under the exemption criteria provided in Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors of Valencia Beverages & Superwater Private Limited passed the final allotment resolution on June 4, 2026. The cash consideration for the shares was received directly by the subsidiary from the subscriber. The funds raised are intended to provide growth capital for the subsidiary's business expansion and operations.

Valencia Beverages & Superwater Private Limited operates in the FMCG, beverages, and consumer goods sector. The entity was incorporated on June 24, 2025, following the conversion of Zion Beverages, a partnership firm, into a private limited company. As the company was newly incorporated in June 2025, financial data for the past three years is not applicable. For the financial year ended March 31, 2026, the subsidiary reported a turnover of ₹2,00,19,000 and a net worth of ₹9,49,77,000.

Financial and Shareholding Details

Valencia Nutrition Limited reported a consolidated total revenue of ₹957.84 lakh and a net profit of ₹109.27 lakh for the financial year ended March 31, 2026. The company's Board of Directors approved the audited standalone and consolidated financial results for the half-year and full year in a meeting held on May 28, 2026. The statutory auditors, M/s. H A Y & Associates LLP, issued an unmodified opinion on these results.

The Board also approved the re-appointment of M/s. SPDS & Associates LLP as the Internal Auditor for a tenure of three years, effective from the conclusion of FY 2025-26 up to the end of FY 2028-29. Additionally, the Board addressed a notice of non-compliance from the exchange, confirming that systemic rectifications have been completed and the applicable penalty has been fully paid.

Financial Performance

The consolidated financial results for the year ended March 31, 2026, showed a decrease in revenue from operations compared to the previous year. The company reported a total revenue of ₹957.84 lakh for FY26, down from ₹912.01 lakh in FY25. Net profit for the period stood at ₹109.27 lakh.

Operational Updates

The company provided updates on its subsidiaries and business verticals. Valencia Beverages & Superwater Private Limited, a wholly-owned subsidiary, commissioned two manufacturing units and secured a co-packing agreement with Virchow Laboratories Limited. Valencia Nutraceutical Lifesciences Private Limited, a 75% holding subsidiary, is entering commercial production with formulations validated across pregnancy and lactation nutrition verticals.

The company also commenced pilot production of fortified Valencia Osmania Biscuits in March 2026 under the brand 'Valencia Bakery'. This follows the earlier strategic move to enter the packaged bakery segment with an estimated investment of ₹4 crore over two years. The Point of Sales for beverages, snacks, and biscuits are common, ensuring supply chain efficiency.