Tejassvi Aaharam approves share swap for Funk Foods acquisition

Tejassvi Aaharam Ltd announced the outcome of its Board Meeting held on July 20, 2026. The board approved the allotment of 5,11,62,204 equity shares at ₹10 each, aggregating to ₹51,16,22,040, for consideration other than cash. This allotment is part of a share swap transaction for the acquisition of 33,67,042 equity shares of Funk Foods Private Limited. The decision follows shareholder approval via postal ballot on March 26, 2026, and in-principle approval from BSE on July 7, 2026. The newly allotted shares will rank pari passu with existing equity shares.