TBI Corn Limited — Important, 03-02-2025: General Updates

TBI Corn Limited has incorporated a wholly owned subsidiary named TBI Foundation, a section 8 company aimed at promoting social causes that align with sustainable farming practices. TBI Foundation has an authorized share capital of Rs. 15,00,000 (15 Cr) and paid-up capital of Rs. 1,00,000 (1 Cr). Its initiatives include advancing agricultural education, worker safety training, and enhancing labor welfare through health care facilities. The company holds 100% equity shareholding in TBI Foundation, having subscribed to 10,000 shares at a face value of Rs. 10 each. This move signifies TBI Corn's strategic focus on community engagement and sustainable agricultural practices, offering a positive outlook for the company's involvement in social upliftment initiatives.