SVA India Limited has significantly strengthened its position in Aussee Oats India Limited through a strategic rights issue participation, transforming the associate company into a subsidiary. The transaction, completed on March 10, 2026, represents a substantial increase in the company's stake in the oats and cereals import-export business.

Transaction Details

The investment involved the subscription of 4,99,999 Class A Equity Shares at face value, with key parameters outlined below:

Shareholding Transformation

The rights issue participation has resulted in a significant change in SVA India's ownership structure in Aussee Oats India Limited:

Business and Strategic Context

Aussee Oats India Limited operates in the import-export business of oats and cereals, representing a strategic sector for SVA India's portfolio expansion. The acquisition was executed through rights offered for subscription of shares, maintaining the company's existing relationship while strengthening control and operational oversight.

Regulatory Compliance

The transaction falls within the related party transaction framework, as Aussee Oats India Limited was previously an associate company. SVA India has confirmed that none of the company's promoter, promoter group, or group companies have any interest in Aussee Oats India Limited beyond SVA India's direct holding. The acquisition has been structured at arm's length through subscription of equity shares at par value on a rights basis.

Corporate Governance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No governmental or regulatory approvals were required for this acquisition, and the transaction was completed entirely through cash consideration. The disclosure follows the requirements under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

SVA India Limited has completed its rescheduled board meeting on February 13, 2026, approving the company's unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, along with several key corporate decisions. The company has also fulfilled its regulatory obligations by publishing these results in newspapers.

Financial Performance Overview

The company reported a challenging quarter with significant financial headwinds. The standalone operations showed a marked deterioration compared to the same period last year.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, also reflected challenging operational conditions. Total income for the nine-month period stood at ₹41.38 lakhs compared to ₹240.39 lakhs in the corresponding previous period, representing a decline of 82.78%.

Regulatory Compliance and Publication

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SVA India Limited published its unaudited financial results for the quarter ended December 31, 2025, in News Hub (English) and News Hub (Marathi) newspapers on February 15, 2026. The company submitted the newspaper cuttings to BSE as required under the regulations.

Board Meeting Outcomes and Corporate Changes

The board meeting, originally scheduled for February 12, 2026, was rescheduled due to unavoidable circumstances. The meeting addressed several critical business matters beyond financial results approval.

Secretarial Auditor Appointment

M/s. Somani & Associates, Company Secretaries (FCS: 9364, CP No.: 8642), has been appointed to fill the casual vacancy created by the resignation of the previous secretarial auditor. The firm, founded by Ms. Poonam Somani, brings 15+ years of experience and has been empaneled with four large Scheduled Commercial Banks and three Security Trustees.

Consolidated Results and Associate Performance

The consolidated financial results showed an even more pronounced impact, with the company reporting a net loss of ₹172.12 lakhs for Q3FY26 compared to a profit of ₹177.11 lakhs in Q3FY25. The consolidated results include the performance of associate companies Aussee Oats Milling Private Limited (Sri Lanka) and Aussee Oats India Private Limited (India).

The company maintains its registered office at Mittal Towers, Nariman Point, Mumbai, and trades on BSE under scrip code 531885. Whole Time Director Abhinav Gupta (DIN: 02313375) signed the official communications confirming the board meeting outcomes and regulatory compliance.