Tanvi Foods (India) Limited has responded to BSE Limited's inquiry regarding recent share price movement, providing clarification on the company's disclosure practices and the nature of the price fluctuation. The response, dated February 21, 2026, was signed by Chairman and Managing Director Sri Nagaveer Adusumilli.

Company's Response to BSE Inquiry

The company addressed BSE's clarification request from February 20, 2026, by confirming its compliance with disclosure requirements. Tanvi Foods stated that it has disclosed all material information that may impact the company's operations and performance to BSE Limited within the stipulated timeframes.

Disclosure Compliance and Regulatory Adherence

The company emphasized its adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with applicable circulars. Tanvi Foods confirmed that all necessary disclosures have been made in accordance with the Listing Regulations within the required timeframes.

Management's Position on Price Movement

Tanvi Foods explicitly stated that it is not aware of any specific reason for the significant movement in its share price. The company characterized the price movement as purely market driven and clarified that the management has no connection with the share price fluctuation.

Key points from the management's clarification include:

• No undisclosed material information affecting operations or performance
• Share price movement is market driven
• Management has no involvement in price movement
• Continued commitment to regulatory compliance

Company Information and Contact Details

The communication included complete company details, with the registered office located at Flat No. 101, Alekhya Homes, Temple Tree, Raghavendra Colony, Kondapur, Hyderabad. The company operates a manufacturing unit at Seetharampuram, Nuzvidu Mandal, Krishna District, Andhra Pradesh, and maintains its corporate website at www.tanvifoods.com .

Tanvi Foods (India) Limited , a prominent player in the food industry, has announced its financial results for the half-year ended September 30, 2025, along with key corporate decisions. The company's board meeting, held on November 14, 2025, revealed a mixed financial performance and important management changes.

Financial Performance

The company reported contrasting results in its standalone and consolidated financials:

While the standalone profit after tax saw a decline of 18.09% compared to the previous year, the consolidated profit showed a significant increase of 178.56%.

Management Reappointment

In a key corporate move, the board approved the reappointment of Sri Nagaveer Adusumilli as Managing Director for a period of three years, effective from December 7, 2025. This decision is subject to shareholder approval in the upcoming General Meeting.

Mr. Adusumilli, one of the founding promoters of Tanvi Foods, brings over a decade of experience in the corn industry. His reappointment signals continuity in the company's leadership and strategic direction.

Utilization of Funds

The company also provided an update on the utilization of funds raised through preferential allotments:

• Total amount raised: Rs. 35.84 crore
• Utilization status: Fully utilized as of September 30, 2025
• Purpose: Completing a state-of-the-art facility near Vijayawada, meeting working capital requirements, repaying unsecured loans, and other general corporate purposes

The Audit Committee has reviewed the statement of deviation/variation in fund utilization and confirmed that there have been no deviations from the stated objectives.

Corporate Governance

The board meeting, which lasted from 6:00 PM to 8:30 PM on November 14, 2025, also approved the unaudited standalone and consolidated financial results for the half-year ended September 30, 2025. These results were accompanied by a Limited Review Report, underscoring the company's commitment to transparency and regulatory compliance.

Tanvi Foods' mixed financial results, coupled with the reappointment of its Managing Director and the full utilization of raised funds, paint a picture of a company navigating challenges while focusing on long-term growth and stability. Investors and stakeholders will likely keep a close eye on how these developments impact the company's future performance and strategic direction.