Tiaan Consumer , a company listed on the BSE, has announced its unaudited financial results for the first quarter of the fiscal year 2025-2026. The company's Board of Directors approved these results during a meeting held on August 8, 2025, at its corporate office in New Delhi.

Board Meeting Details

The board meeting, which commenced at 13:15 and concluded at 13:45, focused on reviewing and approving the financial performance for the quarter ended June 30, 2025. The company adhered to Indian Accounting Standards (Ind AS) in preparing these results, which have undergone a limited review by the statutory auditors, VRSK & Associates.

Financial Results

While specific financial figures were not disclosed, Tiaan Consumer confirmed that the unaudited financial results for Q1 FY2026 have been prepared in compliance with the recognition and measurement principles of the Companies (Indian Accounting Standards) Rules, 2015, as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016.

Regulatory Compliance

The Board addressed compliance with Regulation 32 of SEBI (LODR) Regulations, 2015. This regulation, pertaining to the statement of deviation or variation in the use of funds raised through public issues, rights issues, or preferential issues, was determined not applicable to Tiaan Consumer for the quarter ended June 30, 2025. The company confirmed it has not issued any shares through public issues, rights issues, or preferential allotments during this period.

Investor Complaints

Tiaan Consumer reported zero investor complaints for the quarter. There were no complaints pending at the beginning of the quarter, none received during the quarter, and consequently, none left unresolved at the end of the period.

Auditor's Review

VRSK & Associates, the statutory auditors, conducted a limited review of the financial results. In their report, they stated that nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and other recognized accounting practices and policies.

Management's Assurance

The management of Tiaan Consumer has exercised necessary due diligence to ensure that the financial results provide a true and fair view of the company's affairs. This commitment to transparency and accuracy in financial reporting is crucial for maintaining investor confidence.

Tiaan Consumer's prompt disclosure of its quarterly results and compliance status demonstrates its commitment to corporate governance and transparency. Investors and stakeholders will likely look forward to more detailed financial metrics in future disclosures to gain a comprehensive understanding of the company's performance in the consumer goods sector.

Tiaan Consumer Limited , a company engaged in investment, financing, and securities trading, has announced significant changes to its board composition along with plans for a substantial preferential share issue. These developments come as the company aims to strengthen its capital structure and leadership team.

Board Restructuring

The company has made several changes to its board of directors:

• Mr. Munesh Kumar has been appointed as an Additional Executive Director for a term of 5 years, subject to shareholder approval.
• Ms. Iroda Alloyorovna Ochilova has joined as an Additional Non-Executive & Non-Independent Director, also for a 5-year term pending shareholder approval.
• Mr. Bharat Bhushan has stepped down from his position as Managing Director due to personal reasons.
• Mr. Parmanand Chaubey has resigned from his role as Additional Director, citing personal and unavoidable circumstances.

These changes reflect a significant reshaping of the company's leadership structure.

Preferential Share Issue

In a move to bolster its financial position, Tiaan Consumer Limited has announced plans for a major preferential share issue. The company intends to issue up to 1,49,00,00,000 equity shares at a price of ₹10 per share, potentially raising ₹14,90,00,00,000 (Fourteen Hundred Ninety Crore Rupees).

Key details of the proposed share issue include:

• The shares will be issued to five non-promoter entities: Alstone Textiles (India) Limited, Blue Bell Finance Limited, Shanta Agencies Private Limited, Shri Niwas Leasing and Finance Limited, and Twinkle Mercantiles & Credits Private Limited.
• This issuance will be done through the conversion of outstanding unsecured loans into equity.
• Post-issuance, these five entities will collectively hold 99.32% of the company's expanded equity base.

Increase in Authorized Share Capital

To facilitate this large-scale share issuance, Tiaan Consumer Limited's board has approved an increase in the company's authorized share capital. The new authorized capital will be ₹1,00,00,00,00,000 (Ten Thousand Crore Rupees), up from the current ₹13,20,00,000 (Thirteen Crore Twenty Lakh Rupees).

Other Appointments

The company has also made key appointments in compliance and auditing roles:

• Parul Agrawal & Associates has been appointed as the Secretarial Auditor for the financial year 2025-2026.
• Mr. Mukesh Sah has been named as the Internal Auditor for a term of 5 consecutive years starting from FY 2025-2026.

Upcoming Annual General Meeting

These significant changes and proposals will be put before shareholders for approval at the company's 33rd Annual General Meeting, scheduled for August 20, 2025. The meeting will be held virtually through video conferencing.

The extensive board restructuring and the proposed large-scale preferential issue indicate that Tiaan Consumer Limited is undertaking major strategic moves. These changes could significantly alter the company's ownership structure and potentially its future direction. Shareholders and market observers will be keenly watching how these developments unfold and impact the company's performance in the coming months.