TTL Enterprises Limited Announces Leadership Changes with New MD & CFO Appointment

2 min read     Updated on 25 Feb 2026, 06:49 PM
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Overview

TTL Enterprises Limited announced major leadership changes on February 25, 2026, appointing Mr. Lalaram as Managing Director and CFO for five years while accepting resignations from Mr. Vasantkumar Shankarlal Rajgor (Managing Director) and Mr. Brijeshkumar Vasantlal Rajgor (Executive Director and CFO), both citing personal reasons. The new appointee brings over 15 years of agro-business experience, and all changes comply with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

TTL Enterprises Limited has announced significant leadership changes following its board meeting held on February 25, 2026. The company has appointed a new Managing Director and Chief Financial Officer while accepting resignations from two senior executives, marking a major transition in its management structure.

New Leadership Appointment

The board of directors, based on recommendations from the Nomination and Remuneration Committee, has appointed Mr. Lalaram as both Managing Director and Chief Financial Officer of the company. The appointment details are outlined below:

Parameter: Details
Appointee: Mr. Lalaram (DIN: 11567944)
Position: Managing Director and CFO
Effective Date: February 25, 2026
Term Duration: Five years (February 25, 2026 to February 24, 2031)
Experience: Over 15 years in agro-related business
Educational Background: Primary Education
Share Holdings: NIL

Mr. Lalaram brings extensive experience in agro-related business across various sectors and is not debarred from holding directorial positions by any regulatory authority. He holds no directorships in other listed or unlisted entities and has no relationships with existing directors.

Executive Resignations

Simultaneously, the company accepted resignations from two key executives, both effective from the close of business hours on February 26, 2026:

Executive: Position Reason Other Directorships
Mr. Vasantkumar Shankarlal Rajgor (DIN: 08745707) Managing Director Other commitments and personal reasons Rajgor Castor Derivatives Limited
Mr. Brijeshkumar Vasantlal Rajgor (DIN: 08156363) Executive Director and CFO Other commitments and personal reasons Rajgor Castor Derivatives Limited

Both executives confirmed in their resignation letters that there are no material reasons for their departure beyond those mentioned. They expressed gratitude for the support received during their tenure and wished the company continued success.

Board Meeting Details

The board meeting commenced at 5:30 PM and concluded at 6:15 PM on February 25, 2026. All decisions were made in compliance with SEBI regulations, particularly the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars.

Regulatory Compliance

The company has provided detailed disclosures as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, covering all aspects of the appointments and resignations. The necessary documentation and regulatory filings will be completed with the Registrar of Companies and other relevant authorities to formalize these changes.

TTL Enterprises Limited, formerly known as Trupti Twisters Limited, is headquartered in Ahmedabad, Gujarat, and continues its operations under the new leadership structure.

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TTL Enterprises Limited Reports Q3 FY26 Results with Revenue of Rs. 2,027.23 Lakhs

2 min read     Updated on 14 Feb 2026, 06:51 PM
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Shriram SScanX News Team
Overview

TTL Enterprises Limited reported Q3 FY26 results with revenue of Rs. 2,027.23 lakhs, marking significant growth from Rs. 440.42 lakhs in the previous quarter. Despite strong revenue performance, the company posted a net loss of Rs. 11.05 lakhs compared to a profit of Rs. 7.37 lakhs in Q2 FY26. For the nine-month period, revenue reached Rs. 2,575.00 lakhs against Rs. 717.51 lakhs in the previous year, though the company reported a net loss of Rs. 1.85 lakhs. The Board approved results on February 14, 2026.

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*this image is generated using AI for illustrative purposes only.

TTL Enterprises Limited (formerly known as Trupti Twisters Limited) has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025. The Board of Directors approved the results during their meeting held on February 14, 2026, which commenced at 6:10 PM and concluded at 6:30 PM.

Financial Performance Overview

The company's quarterly performance showed mixed results with significant revenue growth but profitability challenges. The financial metrics demonstrate substantial quarter-on-quarter revenue improvement alongside operational difficulties.

Financial Metric Q3 FY26 Q2 FY26 Q3 FY25
Revenue from Operations Rs. 2,027.23 lakhs Rs. 440.42 lakhs Rs. 442.02 lakhs
Total Income Rs. 2,027.23 lakhs Rs. 440.42 lakhs Rs. 442.02 lakhs
Total Expenses Rs. 2,040.98 lakhs Rs. 430.46 lakhs Rs. 443.55 lakhs
Net Profit/(Loss) Rs. (11.05) lakhs Rs. 7.37 lakhs Rs. 3.82 lakhs

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, TTL Enterprises demonstrated strong revenue growth compared to the previous year. The company achieved revenue from operations of Rs. 2,575.00 lakhs against Rs. 717.51 lakhs in the corresponding nine-month period of FY25.

Nine-Month Metrics FY26 (YTD) FY25 (YTD) Change
Revenue from Operations Rs. 2,575.00 lakhs Rs. 717.51 lakhs +258.8%
Total Expenses Rs. 2,576.31 lakhs Rs. 715.62 lakhs +260.0%
Net Profit/(Loss) Rs. (1.85) lakhs Rs. 6.34 lakhs Loss

Expense Structure and Operational Details

The company's primary expense component consists of purchases of stock-in-trade, which amounted to Rs. 2,037.86 lakhs in Q3 FY26 compared to Rs. 427.20 lakhs in the previous quarter. Other significant expenses included:

  • Employee benefits expenses: Rs. 0.22 lakhs
  • Other expenses: Rs. 2.90 lakhs
  • Current tax: Rs. (3.23) lakhs

Earnings Per Share and Capital Structure

The company reported basic and diluted earnings per share of Rs. (15.87) for Q3 FY26, compared to Rs. 10.58 in the previous quarter. The paid-up equity share capital remained constant at Rs. 6.96 lakhs with a face value of Rs. 10.00 per share.

Regulatory Compliance and Auditor Review

The unaudited financial results were reviewed by the Audit Committee and received a limited review report from VSS B & Associates, Chartered Accountants. The auditor noted that statutory income tax liabilities pertaining to Financial Year 2024-25 remain unpaid by the company as at the reporting date. The company operates in a single segment of commercial trading and has prepared its results in accordance with Indian Accounting Standards (Ind AS).

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