Thrive Future Habitats Limited (formerly known as ador multiproducts Limited) has announced a board meeting to consider a preferential issue of equity shares, marking a significant corporate development for the Mumbai-based company.

Board Meeting Details

The company has scheduled a board meeting for Thursday, January 22, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will address key strategic decisions regarding equity fundraising and shareholder engagement.

Key Agenda Items

The board will deliberate on two primary matters during the scheduled meeting. The directors will consider and approve the proposal for issuance of equity shares to the non-promoter public category through preferential issue or any other mode deemed appropriate. The board will also determine the pricing and other modalities related to the equity issuance.

Additionally, the company plans to convene an Extraordinary General Meeting to seek shareholder approval for the proposed equity issuance. This EGM will also address any other matters requiring shareholders' consent as mandated by regulatory requirements.

Trading Window Restrictions

In accordance with the company's earlier intimation dated December 29, 2025, trading restrictions remain in effect for designated persons and their immediate relatives. The trading window closure aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Corporate Information

Thrive Future Habitats Limited operates under CIN L85110MH1948PLC310253 and maintains its registered office at Ador House, 5th Floor, 6 K Dubash Marg, Fort, Mumbai. The company trades on BSE Limited under scrip code 523120. The corporate communication was signed by Pinki Sharma, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and stakeholder notification.

Ador Multiproducts (now known as Thrive Future Habitats Limited) has reported a consolidated net loss of Rs 68.13 crore for the half-year ended September 30, 2025. The company's board has also approved significant strategic decisions regarding its subsidiaries.

Financial Performance

The company's financial results for the half-year period show:

Compared to the same period last year, when the company reported a net loss of Rs 17.93 crore, the current half-year results indicate a substantial increase in losses.

Strategic Decisions

The board of directors has approved two significant moves:

1. Divestment of Aura Flow Private Limited: The company plans to divest its entire stake in Aura Flow Private Limited (formerly known as Anatomicals Ador India Private Limited), a subsidiary that contributed no turnover and only 1.46% to the consolidated net worth in the last financial year.

2. Acquisition in 1908 E-Ventures Private Limited: Thrive Future Habitats aims to acquire the remaining 47.25% stake in 1908 E-Ventures Private Limited, in which it currently holds a 52.75% stake. This move will make 1908 E-Ventures a wholly-owned subsidiary.

Subsidiary Performance

1908 E-Ventures Private Limited, focused on consumer solutions for the personal care, cosmetics, and beauty industry, reported:

• Sales for FY 2024-25: Nil
• Net Loss for FY 2024-25: Rs 2.52 crore

Strategic Implications

The board's decisions suggest a strategic realignment of the company's portfolio:

• The divestment of the non-operational Aura Flow Private Limited may be aimed at streamlining operations.
• The increased stake in 1908 E-Ventures could indicate a focus on the personal care and cosmetics sector.

Market Context

These strategic moves come at a time when the company is facing increased losses. The consolidation of ownership in 1908 E-Ventures may be seen as an attempt to gain full control over a venture in the personal care industry, despite its current loss-making status.

Investors and market watchers may need to closely monitor how these restructuring efforts impact the company's financial health and market position in the coming quarters.