Key Board Decisions and Quantitative Figures

1. Financial Results Approval: The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.

  • Standalone Q2 FY27 (Quarter Ended Sep 30, 2026):
  • Total Income: ₹380.63 Lakhs
  • Total Expenses: ₹1,656.53 Lakhs
  • Loss Before Tax: ₹(1,275.90) Lakhs
  • Loss After Tax: ₹(1,098.02) Lakhs
  • Basic EPS: ₹(1.71) (not annualised)
  • Standalone H1 FY27 (Half Year Ended Sep 30, 2026):
  • Total Income: ₹5,658.59 Lakhs
  • Total Expenses: ₹6,475.72 Lakhs
  • Loss Before Tax: ₹(817.13) Lakhs
  • Loss After Tax: ₹(759.83) Lakhs
  • Basic EPS: ₹(1.18) (not annualised)
  • Consolidated Q2 FY27:
  • Total Income: ₹532.01 Lakhs
  • Total Expenses: ₹1,812.91 Lakhs
  • Loss Before Tax: ₹(1,280.89) Lakhs
  • Loss After Tax: ₹(1,101.38) Lakhs
  • Basic EPS: ₹(1.72) (not annualised)
  • Consolidated H1 FY27:
  • Total Income: ₹7,146.45 Lakhs
  • Total Expenses: ₹7,966.76 Lakhs
  • Loss Before Tax: ₹(820.31) Lakhs
  • Loss After Tax: ₹(761.44) Lakhs
  • Basic EPS: ₹(1.19) (not annualised)
  • The financial results were reviewed by the Audit Committee and the Statutory Auditors, who issued a limited review report.

2. Appointment of Executive Director: The Board appointed Mrs. Sridevi Dasari (DIN: 07512095) as an Additional Director in the designation of Executive Director, effective November 16, 2026. The appointment is for a term of 5 years and is subject to approval by shareholders. She holds Nil shares in the company and is not related to any other directors. She is not debarred from holding office by SEBI or any other authority.

3. Postal Ballot: The Board approved a Postal Ballot notice. The notice will be submitted to the stock exchange once dispatched to eligible shareholders.

4. Appointment of Scrutinizer: Mrs. N. Vanitha, a Practicing Company Secretary (Peer Review No: 1890/2022), was appointed to act as the scrutinizer for the e-voting process related to the Postal Ballot.

5. Appointment of Senior Management: The Board appointed Mr. Shankar Singh Bisht as Senior Vice President - Sales & Marketing, effective November 19, 2026. His profile describes him as a senior agri-business leader with over 26 years of experience.

Dates of Action

  • Board Meeting: November 11, 2026 (4:30 PM to 7:00 PM)
  • Executive Director Appointment Effective: November 16, 2026
  • SVP Sales & Marketing Appointment Effective: November 19, 2026
  • Financial Period: Quarter and Half Year ended September 30, 2026

Parties Involved

  • Subsidiary: Tidas Agrotech Private Limited (Wholly Owned)
  • Statutory Auditors: Ramasamy Koteswara Rao and Co LLP (Firm Reg. No. 010396S/S200084)
  • Scrutinizer: Mrs. N. Vanitha, Practicing Company Secretary
  • Regulator: BSE Limited, SEBI

Capital Structure Impact

No change in paid-up equity share capital reported for the period. It remained constant at ₹6,559.37 Lakhs (Face Value ₹10/- each).

Attachments

  • Annexure-1: Unaudited Financial Results, Balance Sheets, Cash Flow Statements, and Limited Review Report.
  • Annexure-2: Disclosure for appointment of Mrs. Sridevi Dasari.
  • Annexure-3: Disclosure for appointment of Mr. Shankar Singh Bisht.