BSEGeneral30 Sept 2026 · 30 Sept 2026, 05:55 pm
Intimation of withdrawal of Composite Scheme of Arrangement and Amalgamation between Nishpra Community Solutions Private Limited ('Nishpra/ Transferor Company') with Tierra Agrotech Limited ('Tierra/ Transferee Company') and their Respective shareholders and creditors ('scheme') under sections 230 To 232 of the companies act, 2013, under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Tierra Agrotech Ltd · 543531
✦ AI SummaryM&A
Tierra Agrotech Ltd has withdrawn its Composite Scheme of Arrangement and Amalgamation with Nishpra Community Solutions Private Limited due to re-evaluation of financial and operational considerations.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Tierra Agrotech Ltd - 543531 - Board Meeting Outcome for Intimation Of Withdrawal Of Composite Scheme Of Arrangement And Amalgamation Between Nishpra Community Solutions Private Limited With Tierra Agrotech Limited And Their Respective Shareholders And Creditors
Attachments (1)
📄pdf
Download →
efb1e57a-53b7-4c3a-b668-09c3ef49c4a6.pdf
View document text
Date: September 30, 2026
The Corporate Relations Department,
BSE Limited,
Phiroze Jeejebhoy Towers,
Dalal Street,
Mumbai – 400 001.
Dear Sir/Madam,
Subject : Intimation of withdrawal of Composite Scheme of Arrangement and
Amalgamation between Nishpra Community Solutions Private Limited
(“Nishpra/ Transferor Company”) with Tierra Agrotech Limited (“Tierra/
Transferee Company”) and their Respective shareholders and creditors
(‘scheme’) under sections 230 To 232 of the companies act, 2013, under
Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
Scrip Code: 543531 – Tierra Agrotech Limited
In continuation of our earlier intimation dated January 12, 2026, wherein the Company
had informed that the Board of Directors had approved the aforesaid Composite Scheme,
we hereby further inform that the Company has received the Observation Letter / No-
Objection Letter from BSE Limited in respect of the proposed Composite Scheme, dated
July 13, 2026.
The Board of Directors of the Company, at its meeting held today, i.e., September 30,
2026, upon a comprehensive re-evaluation of the combined financial projections,
anticipated synergies, existing and projected debt obligations, funding requirements,
operational integration considerations and other relevant commercial and financial
factors, reviewed the overall commercial and financial feasibility of proceeding with the
proposed Scheme.
Upon such re-evaluation, the Board noted that the anticipated benefits and synergies
envisaged at the time of initially proposing the Scheme may not be commensurate with
the financial and operational considerations associated with implementation of the
Scheme.
Accordingly, the Board, after due consideration of the aforesaid factors and with a view to
safeguarding the interests of the Company, its shareholders and other stakeholders, has
decided not to proceed with the proposed Composite Scheme and to withdraw the same.
Consequently, the Company shall take necessary steps for withdrawal of the Scheme in
accordance with the applicable laws, regulations and requirements of the concerned
regulatory authorities.
The Board meeting commenced at 02:30 PM and concluded at 04:00 PM.
This is for your information and records.
Thanking You,
For Tierra Agrotech Limited
Vijay Kumar Deekonda
DIN:06991267
Whole-time Director