Meeting Details

The 19th Annual General Meeting of Travel Food Services Limited was held on Wednesday, 16th September 2026 at 11:00 a.m. (IST) through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:00 a.m. and concluded at 12:26 p.m. (IST), including time allowed for e-voting at the AGM.

Attendance

  • Mr. Ashwani Puri, Chairman of the Board, chaired the meeting
  • All Directors attended through Video Conferencing
  • Company Secretary, Authorised Representatives of Statutory Auditors (M/s. B S R & Co. LLP), Secretarial Auditor (M/s. Krishna Rathi and Associates), and Scrutinizer were present via video conferencing

Directors Present

The following directors introduced themselves to members:

  • Mr. Varun Kapur - Managing Director and Chief Executive Officer
  • Ms. Geeta Mathur - Independent Director and Chairperson of Nomination and Remuneration Committee
  • Mr. Vikas Kapoor - Whole-time Director and Chief Financial Officer
  • Ms. Sonu Bhasin - Non-Executive Nominee Director and Chairperson of Risk Management Committee and Stakeholders' Relationship Committee
  • Mr. Karan Kapur - Non-Executive Non-Independent Director and Chairman of Corporate Social Responsibility Committee

Voting Process

Remote e-voting facility was provided through National Securities Depository Limited (NSDL) for all resolutions. The remote e-voting commenced at 9:00 a.m. (IST) on September 13, 2026 and concluded at 5:00 p.m. (IST) on September 15, 2026. Members who had not cast votes through remote e-voting were provided opportunity to vote electronically during the AGM.

Business Conducted

Item 1: Ordinary Resolution

To receive, consider and adopt:

a) Audited Standalone Financial Statements for financial year ended March 31, 2026, with Reports of Board of Directors and Statutory Auditors

b) Audited Consolidated Financial Statements for financial year ended March 31, 2026, with Report of Auditors

Item 2: Ordinary Resolution

To declare Final Dividend of ₹10.25 per equity share of face value of ₹1 each for financial year ended March 31, 2026

Item 3: Ordinary Resolution

To appoint a director in place of Mr. Vikas Vinod Kapoor (DIN: 09137136), who retires by rotation and being eligible, offers himself for re-appointment

Management Presentation

Mr. Varun Kapur, Managing Director and CEO, presented on:

  • Company's Travel QSR and Lounge Operations
  • Growth expectations in Indian Aviation, Airport Travel QSR and Lounge Sector
  • Operational Highlights for FY 2025-26
  • Financial Performance for FY 2025-26
  • Growth opportunities ahead for the Company

Auditor Reports

The Statutory Auditors' Reports on Standalone and Consolidated Financial Statements and Secretarial Audit Report for financial year ended March 31, 2026 did not contain any qualification, reservation, adverse remark or disclaimer.

Shareholder Interaction

Registered speaker shareholders expressed views and asked questions on matters listed in the Notice. Queries were answered by Mr. Varun Kapur (MD & CEO) and Mr. Vikas Kapoor (Whole-time Director & CFO).

Voting Results Timeline

The voting results, together with Scrutinizer's Report, will be submitted to Stock Exchanges within prescribed timelines and made available on websites of Stock Exchanges, Company and NSDL.

Meeting Conclusion

The AGM concluded at 12:26 p.m. (IST) after being open for additional 15 minutes to enable members to cast votes.