Outcome of Board Meeting held on 08.12.2025
Awaiting price reaction for this filing.
Taaza International Limited's Board, which met on 8 December 2025, approved the allotment of 91,00,000 equity shares of Rs. 10 each at par to promoter group entities (Jhansi Sanivarapu - 50,00,000 shares and Trinity Infraventures Limited - 41,00,000 shares), raising Rs. 9.10 crore. The Board also approved a separate allotment of 50,00,000 equity shares at Rs. 50 each (Rs. 40 premium) to 60 strategic non-promoter investors, raising Rs. 25 crore. Total fresh capital infusion is about Rs. 34.10 crore from 1,41,00,000 new shares. These allotments were carried out under the Resolution Plan approved by the NCLT, Hyderabad, indicating the company is implementing its insolvency resolution and emerging with fresh equity.
Existing shareholders face significant dilution of around 1.41 crore new shares (predominantly at par value to promoters), though strategic investors are coming in at a 4x premium which signals confidence. The fresh capital and NCLT-backed resolution plan suggest the company is reviving operations, which may be positive for future turnaround, but shareholders should watch for further updates on business revival and post-allotment shareholding pattern.