Manorama Industries Limited has incorporated a wholly owned subsidiary in Burkina Faso, marking a significant expansion into the African market for raw materials processing. The company informed stock exchanges BSE and NSE about this corporate development under SEBI Regulation 30 compliance requirements on February 10, 2026.

Subsidiary Incorporation Details

The new subsidiary, named TAANG KAAM INDUSTRIES SA, was officially incorporated on January 16, 2026, in Burkina Faso. The company received the Certificate of Incorporation from the regulatory authorities of Burkina Faso on February 10, 2026.

Capital Structure and Investment

The subsidiary has been established with specific capital arrangements to support its business operations:

The board has approved capital infusion amounting up to CFA 1,60,00,00,000, which will be deployed subsequently as per business requirements in one or more tranches. The initial investment of CFA 10,000,000 represents the starting capital for operations.

Business Objectives and Operations

TAANG KAAM INDUSTRIES SA has been incorporated with the primary objective of buying, processing and selling of shea nuts/butter, mango kernels/butter and other raw materials. This expansion aligns with Manorama Industries' manufacturing capabilities and represents entry into the African raw materials processing market.

The subsidiary will operate in the manufacturing sector, focusing on:

• Processing of shea nuts and shea butter
• Processing of mango kernels and mango butter
• Trading and processing of other raw materials

Regulatory Compliance and Related Party Status

The incorporation has been completed as per the laws applicable in Burkina Faso. As a wholly owned subsidiary, TAANG KAAM INDUSTRIES SA is classified as a related party of Manorama Industries Limited. The company has confirmed that any future transactions with the subsidiary will be conducted on an arm's length basis, ensuring compliance with regulatory requirements.

This strategic expansion into Burkina Faso represents Manorama Industries' continued growth in manufacturing and processing operations, leveraging opportunities in the African market for raw materials processing.

Manorama Industries Limited has announced an upcoming investor/analyst interaction as part of the MANTHAN - Systematix India Annual Conference, scheduled for February 09, 2026. The company disclosed this information on February 04, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The investor interaction will be conducted as a group meeting in an in-person format. The event details are structured as follows:

Regulatory Compliance

The company has emphasized its commitment to regulatory compliance by making this disclosure under SEBI regulations. Manorama Industries has specifically stated that no unpublished price sensitive information will be shared or discussed during the meeting with investors. This ensures adherence to fair disclosure practices and maintains market integrity.

Additional Information

The meeting schedule information will also be made available on the company's official website at www.manoramagroup.co.in . The company has noted that the schedule is subject to change due to exigencies on the part of institutional investors or the company itself. Any modifications to the planned schedule will be communicated accordingly to all stakeholders.

Company Background

Manorama Industries Limited operates with its registered office in Mumbai, Maharashtra, and maintains a corporate office in Raipur, Chhattisgarh. The company holds multiple certifications including ISO 9001, ISO 14001, and ISO 45001, and is recognized as a Star Export House by the Government of India. The company is also certified for various international standards including RSPO, Kosher, Halal, EcoVadis, and Sedex SMETA 4-Pillar certification.