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

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Tierra Agrotech Ltd has withdrawn its Composite Scheme of Arrangement and Amalgamation with Nishpra Community Solutions Private Limited due to re-evaluation of financial and operational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

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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

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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