We wish to inform that the Board of Directors of the Company at their meeting held on today i.e. 12-01-2026 consider and approve the following matters: 1. Approval of unaudited standalone ....
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Puretrop Fruits Limited (formerly Freshtrop Fruits) announced board meeting outcomes on January 12, 2026. The board approved Q3 FY26 (ended December 31, 2025) unaudited standalone results, with revenue from operations rising to Rs. 2,637.28 lakhs from Rs. 1,977.69 lakhs a year ago (~33% YoY growth), and the company swung to a Q3 profit of Rs. 271.29 lakhs from a loss of Rs. 169.11 lakhs in Q3 FY25. Nine-month total PAT grew to Rs. 2,155.02 lakhs from Rs. 1,333.96 lakhs, partly aided by earnings from its discontinued fresh fruit business which was sold in late 2023. The board also approved a buyback of up to 11 lakh equity shares at Rs. 200 per share, totalling Rs. 22 crore (~17.4% of paid-up capital and free reserves), via the tender offer route, subject to shareholder approval. Key managerial changes include the appointment of Ms. Dipti Motiani (daughter of Managing Director Ashok Motiani) as CEO from March 1, 2026, resignation of Company Secretary Ms. Preeti Jaiswar, and appointment of Ms. Vanshika Lunia as new Company Secretary.
The buyback at Rs. 200 per share provides a clear floor/support level and signals management confidence, while the strong quarterly turnaround in continuing operations is positive for shareholders. The appointment of a family member as CEO may raise governance concerns for some investors, though she has been with the company since 2009.