Tiaan Consumer Ltd — Others, 30-07-2025: Others

Tiaan Consumer has announced its 33rd Annual General Meeting on August 20, 2025. Shareholders will vote on increasing authorized capital from ₹13.20 Cr to ₹10,000 Cr and a preferential issue of 149 Cr shares, converting ₹1,490 Cr of unsecured loans. The company reported a ₹0.03 Cr profit for FY2024-25, recovering from a ₹0.32 Cr loss. However, auditors issued a qualified opinion due to financial statements not complying with accounting standards and unprovisioned doubtful receivables of ₹3.20 Cr. Significant governance and compliance issues, including delayed AGM, lack of Company Secretary, and pending RBI registration as a Core Investment Company, were also highlighted.