Tiaan Consumer Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/07/2025 ,inter alia, to consider and approve Prior Intimation of Board meeting ....
Awaiting price reaction for this filing.
Tiaan Consumer Ltd has informed BSE that its Board of Directors will meet on Thursday, July 24, 2025. The key agenda items are: (1) increasing the company's Authorized Share Capital along with a corresponding amendment to the Memorandum of Association, and (2) considering and approving the conversion of outstanding loans into equity shares, in one or more tranches, subject to shareholder and stock exchange approvals. Any other business with the Chair's permission may also be taken up. The trading window for promoters, directors, KMPs and designated persons has been closed from July 21, 2025 until 48 hours after the board meeting concludes.
Both agenda items point toward potential equity dilution for existing shareholders — an increase in authorized share capital creates room for fresh issuances, and loan-to-equity conversion will turn lenders into shareholders. This is a price-sensitive event, which is why the trading window has been shut.