Travel Food Services Limited has announced a significant extension of its airport operations through its material subsidiary. The company informed stock exchanges on January 9, 2026, about a crucial license agreement extension that will allow continued operations at one of India's busiest airports.

License Agreement Extension Details

Travel Food Services (Delhi Terminal 3) Private Limited (TFS Delhi T3), a material subsidiary of the company, entered into Supplementary License Agreement No. 10 with Delhi International Airport Limited (DIAL) on January 5, 2026. This agreement extends the existing license term that was scheduled to expire on February 28, 2026.

Operational Scope and Terms

Under the extended agreement, TFS Delhi T3 will continue operating 28 Food and Beverage outlets at Terminal 3 of Indira Gandhi International Airport in New Delhi. The subsidiary will maintain its operations according to the terms established in the original Amendment and Reinstatement License Agreement dated July 21, 2017.

The agreement specifies that payment of license fees, minimum guarantee amounts, and other charges will continue as per the previously agreed terms. This extension provides operational continuity for the company's airport food service operations at one of India's major international gateways.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement confirms that this contract does not involve any related party transactions and that promoter groups have no interest in the entity awarding the contract.

Strategic Implications

This seven-month extension provides Travel Food Services with continued access to the high-traffic Terminal 3 at Delhi's international airport. The agreement maintains the company's established presence in airport food services, allowing uninterrupted operations of its 28 outlets during the extended period. The extension demonstrates the ongoing business relationship between TFS Delhi T3 and Delhi International Airport Limited, building on their partnership that began with the original 2017 agreement.

Travel Food Services Limited has announced the resignation of a senior managerial personnel from its leadership team. The company informed the stock exchanges about this corporate development in compliance with regulatory requirements.

Resignation Details

Mr. Conrad Alves, Vice President-Human Resources, has tendered his resignation from his position as a Senior Managerial Personnel of the company. The resignation letter was dated December 20, 2025, and was received by the company on December 21, 2025.

The following table summarizes the key details of the resignation:

Regulatory Compliance

The company has made this disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation information has also been uploaded on the company's website at www.travelfoodservices.com as required under the SEBI Listing Regulations.

The disclosure follows the requirements specified in SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring complete transparency regarding changes in senior managerial positions.

Company Secretary Communication

The intimation was signed by Ms. Neeta Arvind Singh, Company Secretary and Compliance Officer, who communicated the resignation details to both BSE Limited and The National Stock Exchange of India Limited. The company trades under scrip code 544443 on BSE and TRAVELFOOD on NSE.

This resignation represents a change in the senior management structure as Mr. Alves transitions to pursue new career opportunities outside the organization. The company has provided the mandatory three-month notice period, with the resignation taking effect from March 13, 2026.