Appointment of Company Secretary and Compliance Officer.
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Tierra Agrotech's Board meeting on May 26, 2026 approved the FY2025-26 audited financial results and appointed Mr. Pulyala Abhinash as Company Secretary and Compliance Officer. The company reported a standalone net loss of Rs 15.35 crore for FY2025-26, slightly improved from Rs 15.81 crore loss in FY2024-25. Standalone revenue from operations was approximately Rs 210.44 crore, while total assets stood at Rs 185.46 crore. On a consolidated basis, the company achieved a profit of Rs 52.5 lakh after acquiring the remaining 50% stake in Tidas Agrotech Private Limited (now a wholly-owned subsidiary) in August 2025. The auditors issued an unmodified opinion on both standalone and consolidated results. Cash and cash equivalents declined significantly from Rs 3.54 crore to Rs 16.2 lakh during the year.
While the appointment of a qualified Company Secretary strengthens corporate governance, the company continues to report losses and significant cash burn. The negative operating cash flows and depleted cash reserves indicate liquidity stress, though the consolidated results show a turnaround driven by the subsidiary acquisition.