Pursuant to the provisions of Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the meeting ....
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Tiaan Consumer Ltd's Board approved audited financial results for Q4 and FY 2025-26. The company reported a net loss of Rs 13.75 lakhs for FY26, a sharp decline from profit of Rs 3.45 lakhs in FY25. Revenue from operations dropped significantly to Rs 9.51 lakhs from Rs 31.19 lakhs year-on-year. The balance sheet shows total assets of Rs 250.69 crore with borrowings of Rs 250 crore in inter-corporate deposits and loans given of Rs 131.79 crore. Notably, the auditors flagged that no interest was provided on Rs 131.40 crore of loans pending conversion to equity, and issued a qualified opinion on internal financial controls. The company is not a CIC (Core Investment Company) as defined by RBI.
The company has moved from profit to loss with declining revenues, raising serious concerns about its financial health. The large quantum of inter-corporate loans and pending equity conversions suggest complex related-party structures. Shareholders should be cautious as the auditors have expressed concerns about the company's ability to meet liabilities.