Tiaan Consumer Ltd — Board Meeting, 24-07-2025: Board Meeting

Tiaan Consumer's board has approved a substantial increase in its authorized share capital from 13.20 Cr to 10,000 Cr, a move aimed at enhancing future capital raising flexibility. Concurrently, they approved a preferential issue of 149 Cr shares, valued at 1490 Cr, to non-promoter entities. This strategic issuance converts existing unsecured loans into equity, significantly reshaping the company's capital structure and introducing new large shareholders. Leadership changes were also noted, with the managing director resigning and a new managing director appointed, alongside a new non-executive director. These key proposals await shareholder approval at the upcoming Annual General Meeting.