TCI Industries Limited , a company known for providing space for film shooting, rental income, TV serials, and advertisements, has announced a significant addition to its leadership team. The company's Board of Directors has approved the appointment of Ms. Anisha Dada as the new Company Secretary and Compliance Officer, effective November 14, 2025.

Key Appointment Details

Ms. Dada brings a strong background in corporate governance and legal compliance to her new role at TCI Industries. Her appointment was made based on the recommendation of the company's Nomination and Remuneration Committee and was approved during a board meeting held on November 14, 2025.

Professional Background

Ms. Anisha Dada's credentials include:

• Associate membership with the Institute of Company Secretaries of India
• Law graduate from Pune University
• Experience in Corporate Governance, Secretarial Compliance, and Due Diligence

Simultaneous Leadership Changes

Alongside Ms. Dada's appointment, TCI Industries also announced the appointment of Mr. Jay Ahire as the company's new Chief Financial Officer, effective the same date. Mr. Ahire, who has been with the company since 2012, brings nearly two decades of experience in accounting and financial management to his new role.

Company Performance Context

The appointments come at a time when TCI Industries has reported mixed financial results for the quarter and half-year ended September 30, 2025:

The company has shown significant improvement in its quarterly performance, turning a profit in Q2 FY2026 compared to a loss in the same quarter of the previous year. However, it continues to face challenges on a half-yearly basis.

These strategic appointments may be seen as part of TCI Industries' efforts to strengthen its leadership team and improve its corporate governance structure as it navigates through a period of financial recovery and growth.

The company's focus on enhancing its management capabilities comes as it continues to operate in the competitive space of providing services for the entertainment industry, including film shooting locations and advertising spaces.

TCI Industries Limited , a company providing space for film shooting, rental income, TV serials, and advertisements, has announced its unaudited financial results for the first quarter ended June 30, along with significant changes in its leadership.

Financial Performance

The company reported a total revenue of Rs. 52.79 crore for Q1, compared to Rs. 38.63 crore in the same quarter of the previous year, marking a substantial increase of 36.7%. However, despite the revenue growth, TCI Industries posted a loss for the quarter.

The financial results reveal:

The company's expenses saw a significant rise, reaching Rs. 90.01 crore in the current Q1, up from Rs. 69.89 crore in the previous Q1. This increase in expenses outpaced the revenue growth, resulting in a higher loss before tax of Rs. 37.22 crore, compared to a loss of Rs. 31.22 crore in the same quarter last year.

Leadership Change

In a significant development, Mr. Amit A. Chavan has tendered his resignation from the positions of Company Secretary, Compliance Officer, and Chief Financial Officer (CFO) of TCI Industries Limited. Mr. Chavan's resignation, citing pursuit of career opportunities outside the organization, will be effective from the close of business hours on September 16.

The Board of Directors, in their meeting held on August 06, accepted Mr. Chavan's resignation. The company has not yet announced a successor for these crucial roles.

Other Corporate Actions

During the quarter, TCI Industries allotted 26,250 0% Non-Convertible Redeemable Preference Shares of Rs. 100 each at an issue price of Rs. 400, including a premium of Rs. 300. These shares are redeemable within 20 years from the date of issue or earlier at the company's discretion, with an 18% simple annual premium on the issue price payable at redemption.

The company has classified these preference shares as equity based on a legal opinion, in accordance with Ind-AS 32, which allows classification of financial instruments as equity or financial liability based on their substance rather than legal form.

TCI Industries continues to operate in a single segment, focusing on income from rendering services by providing space for film shooting, rental income, TV serials, and advertisements.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 06. V. Singhi & Associates, Chartered Accountants, the statutory auditors of the company, have carried out a limited review of these financial results as required under SEBI regulations.

As TCI Industries navigates through these financial challenges and leadership transitions, stakeholders will be keenly watching how the company adapts and strategizes for future growth in its niche market of film and entertainment infrastructure services.