Approved the composite Scheme of Arrangement and Amalgamation which includes 1.Amalgamation of Nishpra Community Solutions Private Limited (Transferor Company) with Tierra Agrotech Limited ....

Tierra Agrotech's board has approved a composite scheme to merge Nishpra Community Solutions Pvt Ltd (unlisted, turnover Rs.49.91 Cr in H1 FY26) into itself, creating a vertically integrated agri-to-food business spanning seeds, processing and consumer food products. As part of the scheme, the company will reduce share capital from Rs.10 to Rs.4 per share to write off accumulated losses of Rs.85.89 Cr (as on 31.03.2025), reclassify preference capital into equity, and then sub-divide each share into 2 shares of Rs.2 face value to improve liquidity. Shareholders of Nishpra will get 84 shares of Rs.2 of Tierra for every 10 shares of Rs.10 held. Q3 FY26 standalone revenue fell sharply to Rs.500.44 lakhs (vs Rs.1,016.09 lakhs in Q2) with a loss of Rs.578.28 lakhs, while 9M FY26 loss narrowed to Rs.382.43 lakhs from Rs.656.42 lakhs a year ago. Consolidated Q3 revenue was Rs.1,472.73 lakhs with a loss of Rs.569.45 lakhs. The scheme requires NCLT, shareholder and creditor approvals.