BSECompany Update2h ago · 22 Jul 2026, 04:46 pm

Updates on acquisition of shares of Funk Foods Private Limited is enclosed herewith

Tejassvi Aaharam Ltd · 531628

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Tejassvi Aaharam Ltd has announced the acquisition of 100% equity stake of Funk Foods Private Limited through a share swap deal. The acquisition will strengthen the company's position in the food products market. The company has allotted 5,11,62,204 equity shares at an issue price of Rs. 10 each, amounting to Rs. 51,16,22,040 on swap basis.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Tejassvi Aaharam Ltd - 531628 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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TEJASSVI AAHARAM LIMITED TAL/BSE/SEC/2026-27 22ndJuly, 2026 The Listing Department, Bombay Stock Exchange Limited Phirozejeejee Bhoy Towers 25th Floor, Dalal Street Mumbai 400 001. BSE SCRIP CODE: 531628 Dear Sir / Madam, SUB: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015: Acquisition of Funk Foods Private Limited ("FFPL"). This is in continuation to our intimation dated 13th February, 2026, wherein Tejassvi Aaharam Limited ("Company"), had made disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the execution of a Share Purchase Agreement ('SPA') and other necessary documents between Tejassvi Aaharam Limited (Company), Funk Foods Private Limited ("FFPL"), the shareholders of FFPL and Promoters of "Target Company, wherein the Company had agreed to acquire 100% of the share capital of FFPL by consideration other than cash (i.e., swap of shares). The Board of Director of Tejassvi Aaharam Limited at its meeting held on 20th July, 2026, have approved the allotment of 5,11,62,204 (Five Crore Eleven Lakh Sixty Two Thousand Two Hundred and Four) Equity Shares of Rs. 10/- (Rupees Ten only) each at an issue price of Rs. 10/- (Rupees Ten only) each (i.e., at par, without any premium), on preferential basis for consideration other than cash (i.e., swap of shares) to the shareholders of FFPL, persons other than promoters and promoter group, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the provisions of the Companies Act 2013 and rules made there under. We are enclosing herewith the information pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular number HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026 as Annexure-A. This is for your information and records. Thanking you, Regd. Off.: No. 99/5, Sneha Sadan Flat, Nungambakkam High Rd, Tirumurthy Nagar, Nungambakkam, Chennai 600034 CIN: L15549TN1994PLC028672 |Website: talchennai.in | Mail: taltdchennai@gmail.com TEJASSVI AAHARAM LIMITED For TEJASSVI AAHARAM LIMITED SETHURAMAN DHILIPKUMAR DIRECTOR DIN: 00580772 Regd. Off.: No. 99/5, Sneha Sadan Flat, Nungambakkam High Rd, Tirumurthy Nagar, Nungambakkam, Chennai 600034 CIN: L15549TN1994PLC028672 |Website: talchennai.in | Mail: taltdchennai@gmail.com TEJASSVI AAHARAM LIMITED Annexure – A Disclosure as per SEBI (LODR) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, is given as under: Acquisition of Funk Foods Private Limited ("FFPL") Sr. No. Particulars Details 1 Name of the target entity, details in brief Funk Foods Private Limited such as size, turnover etc. The Company has an authorised share capital of Rs. 36,00,00,000/- divided into 36,00,000 Equity Shares of Rs. 100/- each. The Company has achieved a turnover of Rs. 7.97 crores for the Financial Year ended 2025. 2 Whether the acquisition would fall within No, the acquisition would not fall within related related party transaction(s) and whether party transaction(s) and the promoter/ promoter the promoter/ promoter group/ group group/ group companies do not have any interest companies have any interest in the entity in the entity being acquired. being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length"; 3 Industry to which the entity being acquired Funk Foods Private Limited is engaged in the belongs development, manufacturing, and export of freeze-dried, clean-label food products for retail and food service markets, including instant chutneys, soup mixes, ready-to-eat meals such as Pongal and Khichdi, spreads and dips, and signature sauces across global cuisines. 4 Objects and effects of acquisition Funk Foods Private Limited is in the same line of (including but not limited to, disclosure of business as the Company. reasons for acquisition of target entity, if its business is outside the main line of The acquisition of Funk Foods Private Limited business of the listed entity) will help Tejassvi Aaharam Limited in achieving significant milestone in the evolution of both companies which will benefit all the stakeholders associated with the Company including shareholders at large. 5 Brief details of any governmental or Appropriate approvals have been taken from the regulatory approvals required for the shareholders of the Company through Postal Regd. Off.: No. 99/5, Sneha Sadan Flat, Nungambakkam High Rd, Tirumurthy Nagar, Nungambakkam, Chennai 600034 CIN: L15549TN1994PLC028672 |Website: talchennai.in | Mail: taltdchennai@gmail.com TEJASSVI AAHARAM LIMITED acquisition; Ballot and from BSE Limited by way of In- principle approval for issue and allotment; approval for listing/ trading of the Equity Shares will be taken. 6 Indicative time period for completion of Not Applicable the acquisition 7 Nature of consideration – whether cash Swapping of Shares consideration or share swap and details of the same 8 Cost of acquisition or the price at which 5,11,62,204 Equity Shares are issued at an issue the shares are acquired price of Rs. 10/- each (i.e., at par, without any premium) which amounts to Rs. 51,16,22,040/- (Rupees Fifty One Crore Sixteen Lakh Twenty Two Thousand and Forty only) on swap basis and there is no cash outflow. Valuation report from the registered valuer is obtained and uploaded on the website of the Company. 9 Percentage of shareholding/ control 100% equity stake of FFPL i.e. 33,67,042 Equity acquired and / or number of shares Shares of face value of Rs. 100/- each. acquired 10 Brief background about the entity acquired a. Brief background: as explained in point No.3 in terms of products/ line of business above acquired, date of incorporation, history of last 3 years turnover, country in which the b. Date of incorporation: 28/01/2022 acquired entity has presence and any other significant information (in brief); c. Turnover 2024-25 – Rs. 7.97 crores 2023-24 – Rs. 1.71 crores 2022-23 – Rs. 0.22 crores 2021-22 – NIL d. The entity has its presence only in India. Regd. Off.: No. 99/5, Sneha Sadan Flat, Nungambakkam High Rd, Tirumurthy Nagar, Nungambakkam, Chennai 600034 CIN: L15549TN1994PLC028672 |Website: talchennai.in | Mail: taltdchennai@gmail.com