intimation under Regulation 30 about the growth of the osiajee group
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Osiajee Texfab's wholly owned subsidiary, Osiajee Agro Limited, has acquired about 250 acres of land (150 acres owned and 100 acres on lease) to expand its agro and allied businesses. The Osiajee Group has set a target of acquiring around 750 acres over the next five years, with a five-year expansion plan still being finalised. Federal Bank, Hoshiarpur has been tied up as a funding partner for the project. On a standalone basis, the Board has approved a ₹2.5 crore investment, of which ₹1 crore has already been deployed, and the company has turned profitable, which it says will be visible in the September 30, 2025 quarter results.
Positive for shareholders — the move signals diversification into agro business, a bank-backed funding arrangement, and a return to profitability that management expects to sustain. Investors should watch for the detailed five-year plan and the upcoming Q2 FY26 results for confirmation of the profit trajectory.