Dindigul Farm Product Limited has formally responded to BSE Limited's surveillance department inquiry regarding recent movements in the company's share price. The response, dated February 17, 2026, addresses concerns raised by the exchange's surveillance team about price volatility.

Company's Official Response

In its communication to BSE Limited, the company clarified that it has maintained consistent disclosure practices in accordance with regulatory requirements. The response emphasized that all events and information impacting the company's operations and performance have been duly communicated to the exchange as mandated.

Market-Driven Price Movement

The company attributed the share price movements to prevailing market conditions, stating that these fluctuations are market-driven factors beyond the company's control or knowledge. The management emphasized that no undisclosed material information exists that could have influenced the stock's performance.

Regulatory Compliance Commitment

Dindigul Farm Product Limited reaffirmed its adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 30 requirements. The company assured continued compliance with disclosure norms and committed to keeping the stock exchange informed of any material developments as they occur.

The response was digitally signed by G U K Narayanan, Company Secretary and Compliance Officer, demonstrating the company's formal acknowledgment of the inquiry and its commitment to transparent communication with regulatory authorities.

Dindigul Farm Products Limited, a key player in the agricultural sector, has reported no deviation in the utilization of funds raised through its Initial Public Offering (IPO) for the half year ended September 30, 2025. The company also released its unaudited financial results for the same period, showcasing its financial performance and adherence to regulatory requirements.

IPO Fund Utilization

The company raised Rs. 3,163.00 lakhs through its IPO, with the funds allocated for specific purposes:

Notably, Dindigul Farm Products has fully utilized the funds allocated for working capital requirements and general corporate purposes. The remaining amount from the capital expenditure allocation is expected to be used in subsequent quarters, aligning with the original IPO objectives.

The Audit Committee has confirmed that there has been no deviation in the utilization of funds, demonstrating the company's commitment to transparency and adherence to its stated goals.

Financial Performance

The company's Board of Directors approved the Unaudited Standalone Financial Results for the half year ended September 30, 2025, during a board meeting held on November 12, 2025.

Related Party Transactions

The company also disclosed its related party transactions for the half year, which included:

1. Transactions with A R Dairy Food Private Limited, an associate company, involving the purchase and sale of goods or services.
2. A loan from Indrayani Biotech Limited, the holding company.
3. Power purchases from M/s. GK Wind Farm, an associate entity.
4. Various transactions with entities in which directors or their relatives have interests, including purchases, sales, and loans.

These transactions underscore the interconnected nature of Dindigul Farm Products' operations within its corporate group and with related entities.

Corporate Governance

The company's prompt disclosure of its fund utilization, financial results, and related party transactions aligns with the regulatory requirements set by the Securities and Exchange Board of India (SEBI). This transparency is crucial for maintaining investor confidence and ensuring good corporate governance practices.

As Dindigul Farm Products Limited continues to utilize its IPO funds and navigate its business operations, investors and stakeholders will likely keep a close eye on the company's financial performance and strategic initiatives in the coming quarters.