Tiaan Consumer , a company listed on the Bombay Stock Exchange (BSE: 540108), has announced significant changes to its board structure and ambitious plans for capital expansion. The company's board of directors approved these changes in a meeting held on July 24, 2025.

Board Committee Reconstitution

The company has reconstituted its key board committees, effective July 24, 2025:

Audit Committee

• Ms. Bhoomi Girish Bhadra (Chairperson)
• Mr. Divyesh Kishor Bhanushali
• Mr. Parmanand Chaubey

Nomination & Remuneration Committee

• Ms. Bhoomi Girish Bhadra (Chairperson)
• Mr. Divyesh Kishor Bhanushali
• Ms. Iroda Alloyorovna Ochilova

Stakeholders Relationship Committee

• Ms. Iroda Alloyorovna Ochilova (Chairperson)
• Ms. Bhoomi Girish Bhadra
• Mr. Divyesh Kishor Bhanushali

Leadership Changes

Several key leadership changes were approved during the board meeting:

1. Mr. Parmanand Chaubey has been appointed as the new Managing Director, transitioning from his previous role as a Non-Executive & Non-Independent Director. His appointment is for a term of 5 years, subject to shareholder approval.

2. Ms. Iroda Alloyorovna Ochilova has been appointed as an Additional Non-Executive & Non-Independent Director for a term of 5 years, pending shareholder approval.

3. Mr. Bharat Bhushan has resigned from his position as Managing Director, citing personal reasons.

Capital Expansion and Preferential Issue

Tiaan Consumer has announced plans for a significant increase in its authorized share capital and a large preferential issue:

1. The company plans to increase its authorized share capital from Rs 13.20 crore to Rs 10,000.00 crore, subject to shareholder approval.

2. A preferential issue of up to 1,49,00,00,000 equity shares at Rs 10.00 per share has been approved, potentially raising Rs 1,490.00 crore. This issue will be made to non-promoter category investors through the conversion of existing unsecured loans.

Other Key Appointments

• Parul Agrawal & Associates has been appointed as the Secretarial Auditor for the financial year 2025-2026.
• Mr. Mukesh Sah has been appointed as the Internal Auditor for a term of 5 consecutive years starting from FY 2025-2026.

Annual General Meeting

The 33rd Annual General Meeting (AGM) of Tiaan Consumer is scheduled for August 20, 2025, to be held via video conferencing. The cut-off date for determining voting eligibility has been set as August 13, 2025.

These developments signal a period of significant change and potential growth for Tiaan Consumer. Shareholders and market observers will be keenly watching how these strategic moves impact the company's future performance and market position.

Tiaan Consumer Limited , a prominent player in the consumer goods sector, has announced a series of significant corporate actions and leadership changes that are set to reshape the company's future.

Massive Equity Expansion

The board of Tiaan Consumer Limited has approved the issuance of up to 1.49 billion equity shares at Rs 10.00 each on a preferential basis to non-promoters. This move is expected to raise a substantial Rs 1,490.00 crore by converting existing unsecured loans into equity. The decision underscores the company's strategy to strengthen its balance sheet and potentially fuel future growth initiatives.

Authorized Share Capital Boost

In a bold move, the company has given the green light to increase its authorized share capital from Rs 13.20 crore to a whopping Rs 10,000.00 crore. This significant expansion in authorized capital provides Tiaan Consumer with ample headroom for future equity issuances and financial flexibility.

Leadership Transition

The company has announced key changes in its leadership structure:

• New Managing Director: Mr. Parmanand Chaubey has been appointed as the Managing Director for a 5-year term, effective July 24, 2025. Mr. Chaubey, previously serving as a Non-Executive & Non-Independent Director, brings his experience to this crucial role.

• Resignation: Mr. Bharat Bhushan has stepped down from his position as Managing Director due to personal reasons.

• Board Addition: Ms. Iroda Alloyorovna Ochilova joins the board as an Additional Non-Executive & Non-Independent Director for a 5-year term.

Corporate Governance Enhancements

Tiaan Consumer Limited has also made appointments to strengthen its corporate governance:

• Parul Agrawal & Associates has been named as the Secretarial Auditor for the financial year 2025-2026.
• Mr. Mukesh Sah has been appointed as the Internal Auditor for five consecutive years.

Upcoming Annual General Meeting

The company has scheduled its 33rd Annual General Meeting for August 20, 2025, to be held via video conferencing. The cut-off date for determining voting eligibility has been set as August 13, 2025.

These developments signal a transformative phase for Tiaan Consumer Limited, with the massive equity issuance and leadership changes potentially setting the stage for a new chapter in the company's growth story. Shareholders and market watchers will be keenly observing how these strategic moves unfold in the coming months.

Note: All major decisions are subject to shareholder and stock exchange approvals.