Travel Food Services Limited , a prominent player in the travel food industry, has taken a significant step towards international expansion by establishing a new subsidiary in Indonesia. The company announced the incorporation of PT Travel Food Services Indonesia, a step-down subsidiary located in South Jakarta, on September 23, 2025.

Key Details of the New Subsidiary

• Name: PT Travel Food Services Indonesia
• Location: South Jakarta, Indonesia
• Incorporation Date: September 23, 2025
• Authorized Capital: IDR 10.00 billion (ten billion Indonesian Rupiah)
• Share Structure: 10,000 shares with a nominal value of IDR 1.00 million each

Ownership Structure

The new subsidiary is primarily owned by Travel Food Services Worldwide – FZCO, a wholly-owned subsidiary of Travel Food Services Limited. The ownership structure is as follows:

• Travel Food Services Worldwide – FZCO: 99.99% shareholding
• Remaining shareholdings: As per Indonesian law requirements

Strategic Objectives

The establishment of PT Travel Food Services Indonesia aligns with the company's strategy to explore new opportunities in the travel food sector. Specifically, the subsidiary aims to:

1. Explore opportunities for operating outlets at travel locations in Indonesia
2. Expand the company's presence in the Southeast Asian market
3. Capitalize on the growing travel and tourism industry in Indonesia

Regulatory Compliance

Travel Food Services Limited has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Next Steps

While the subsidiary has been incorporated, the share subscription process is yet to be completed. The company stated that the subscription will be carried out in accordance with local Indonesian requirements. This approach ensures compliance with both Indian and Indonesian regulations governing foreign investments and subsidiary operations.

Travel Food Services Limited's expansion into Indonesia marks a significant milestone in its international growth strategy. As the travel industry continues to recover and grow post-pandemic, this move positions the company to capture new opportunities in one of Southeast Asia's largest and most dynamic markets.

Travel Food Services , a prominent player in the travel hospitality sector, has achieved a significant milestone by securing a license to operate at Cochin Airport. The company has been awarded an operating license for a duration of five years, with an additional provision for a two-year extension.

License Details

The newly acquired license grants Travel Food Services the right to establish and manage food service operations within Cochin Airport's premises. This strategic move is expected to enhance the dining options available to travelers passing through one of Kerala's busiest airports.

Potential for Growth

With a guaranteed five-year operational period and the possibility of a two-year extension, Travel Food Services is well-positioned to establish a strong presence at Cochin Airport. This long-term commitment allows the company to invest in infrastructure and develop a comprehensive range of food and beverage offerings tailored to the diverse needs of international and domestic passengers.

Impact on Airport Dining Experience

The entry of Travel Food Services into Cochin Airport is likely to bring about a transformation in the airport's culinary landscape. Passengers can anticipate a wider variety of dining options, potentially including both local Kerala cuisine and international fare, catering to the cosmopolitan mix of travelers using the airport.

Looking Ahead

As Travel Food Services prepares to commence its operations at Cochin Airport, stakeholders will be keen to observe how this new venture contributes to the company's overall growth strategy and financial performance in the coming years. The success of this license could potentially pave the way for similar opportunities at other airports across India.