TGIF Agribusiness Limited has issued a clarification to BSE Limited regarding the significant movement in its stock price, stating that no material events or developments are responsible for the recent price behavior.

Company's Response to BSE Inquiry

In response to BSE's email dated March 9, 2026, TGIF AGRIBUSINESS LIMITED provided a detailed clarification through communication reference SEC/33/FY 25-26 dated March 10, 2026. The company addressed concerns about unusual price movements observed in its securities on the exchange.

No Material Events Identified

The company categorically stated that to the best of its knowledge and information, there are no events, announcements, or developments that could have influenced the recent price behavior of its securities. TGIF AGRIBUSINESS LIMITED emphasized that it continues to operate in its normal course of business without any significant changes.

The management confirmed that all material information potentially impacting the company's operations or performance has already been disclosed to the exchange in full compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Market-Driven Price Movement

The company attributed the recent stock price movements to market forces beyond its control. Key points from the clarification include:

• No undisclosed material developments affecting business operations
• All regulatory disclosure requirements have been met
• Commitment to future transparency regarding material events
• Price movements are purely market-driven phenomena

Regulatory Compliance Commitment

TGIF AGRIBUSINESS LIMITED reaffirmed its commitment to regulatory compliance, stating that any future material developments or announcements that may impact security prices will be promptly communicated to the exchange in accordance with regulatory requirements. The response was signed by Sapan Dalal, Company Secretary and Compliance Officer, ensuring proper authorization and accountability for the clarification provided to BSE Limited.

TGIF Agribusiness Limited , a company specializing in farming fruits and vegetables, has announced its unaudited financial results for the half-year ended September 30, 2025, showcasing significant growth in profitability.

Financial Highlights

The company reported a net profit of Rs. 105.60 lakhs for the half-year, marking a substantial increase of 37.8% compared to Rs. 76.62 lakhs in the corresponding period of the previous year. This growth in profitability demonstrates the company's improved operational efficiency and market performance.

Revenue from operations stood at Rs. 334.37 lakhs for the half-year period. While the company did not provide a year-on-year comparison for revenue, the figure indicates a robust operational performance.

Earnings Per Share

TGIF Agribusiness Limited's earnings per share (EPS) showed strong results:

• Rs. 4.08 for the quarter
• Rs. 6.72 for the half-year

These EPS figures suggest a solid return for shareholders and reflect the company's ability to generate profits on a per-share basis.

Board Meeting and Results Approval

The company's Board of Directors met on November 13, 2025, to review and approve these unaudited financial results. The approval by the Board lends credibility to the reported figures and complies with regulatory requirements.

IPO Fund Utilization

TGIF Agribusiness Limited also provided an update on the utilization of funds raised through its Initial Public Offering (IPO). The company disclosed the following information:

The company has utilized approximately 40.3% of the total funds raised through the IPO. Notably, the working capital requirements have seen the highest utilization at 62.6% of the allocated amount, indicating the company's focus on strengthening its operational liquidity.

Conclusion

TGIF Agribusiness Limited's financial performance for the half-year ended September 30, 2025, reflects positive growth in profitability. The company's strategic use of IPO funds, particularly in working capital, may contribute to its future growth and operational efficiency. These results indicate the company's strong position in the agribusiness sector.