Tahmar Enterprises Ltd

Tahmar Enterprises Ltd announced the resignation of Ms. Kanika Kabra, an Independent Director, effective October 16, 2026. The resignation is attributed to her preoccupation with other professional commitments. The company is undertaking the necessary statutory and regulatory procedures to acknowledge the resignation and complete formalities. Ms. Kabra has also resigned from all board committees. The company will obtain and disclose confirmation from Ms. Kabra regarding the absence of any other material reasons for her resignation.

Tahmar Enterprises Ltd has announced the closure of its trading window from October 1, 2026, to facilitate the declaration of its un-audited standalone financial results for the quarter and half-year ended September 30, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will reopen 48 hours after the announcement of the financial results, restricting trading activities for directors, promoters, designated persons, and their immediate relatives.

Tahmar Enterprises Ltd.'s Board of Directors met to discuss expressions of interest for its grain-based distillery undertaking and certain immovable properties. Two unsolicited, non-binding proposals for the distillery are under consideration, pending valuation reports. A related party, Seebhal Distillery Private Limited, also expressed interest in purchasing three non-distillery immovable properties; this proposal was referred to the Audit Committee for review and recommendation. The Board resolved to determine the fair value of both the distillery and the three properties, appointing registered valuers. Additionally, the Board decided to invite earnest money deposits from all interested parties as a condition for continued consideration of their proposals, with specific terms for their refund or forfeiture.

Tahmar Enterprises Ltd's Board of Directors met to discuss expressions of interest for the acquisition of its grain-based distillery undertaking and certain other immovable properties. Two non-binding proposals for the distillery are under consideration, pending valuation reports. Separately, Seebhal Distillery Private Limited, a related party, expressed interest in purchasing three immovable properties. This proposal has been referred to the Audit Committee for consideration and recommendation, requiring prior approval from the Audit Committee and potentially shareholders if material. The Board resolved to determine the fair value of both the distillery and the three properties, with registered valuers to be appointed by the Audit Committee. Interested parties will be required to place an earnest money deposit.

Tahmar Enterprises Ltd has responded to the stock exchange's query regarding significant share price movement. The company stated that all necessary disclosures have been made, including the grant of an IMFL manufacturing license and an upcoming board meeting to evaluate expressions of interest for its distillery undertaking. The company clarified that no decision has been made regarding the distillery, and any outcome will be disclosed. Tahmar Enterprises believes the recent share price movement is purely market-driven and beyond its control, asserting no undisclosed material information exists.

Tahmar Enterprises Limited has received permission from the Maharashtra State Excise Department to manufacture Indian Made Foreign Liquor (IMFL) from grain-based spirit/alcohol. This approval is for the grain-based distillery located in Kolhapur, Maharashtra, and is valid for the financial year 2026-27. The permission is subject to applicable terms, conditions, and payment of a licence fee of ₹33,62,000/-. This development enables the company to commence IMFL manufacturing activities upon fulfilling regulatory requirements.

Tahmar Enterprises Ltd has announced a Board of Directors meeting scheduled for September 21, 2026. The meeting will primarily consider Expressions of Interest (EoI) received for the company's distillery undertaking and for the sale of certain non-core immovable properties to Seebhal Distillery Private Limited, a related party. The board will also discuss appointing valuers and other professionals for these transactions. The meeting will take place at the company's Corporate Office in Panjim, Goa.

Tahmar Enterprises Ltd has announced its 35th Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 04:00 P.M. (IST) via Video Conferencing/Other Audio-Visual Means. The meeting agenda includes the adoption of audited financial statements for the fiscal year 2025-26, the re-appointment of Mr. Rajshekhar Cadakketh Rajasekhar Nair as a director, and special business concerning material related party transactions up to ₹1000.00 Crores with entities like M/s SBM Breweries Pvt Ltd and M/s SBM Distillery Pvt Ltd. The AGM notice and annual report are available on the company's website.

Tahmar Enterprises Ltd has submitted its 35th Annual Report for the Financial Year 2025-2026, along with the Notice of the Annual General Meeting (AGM). The AGM is scheduled for Tuesday, September 29, 2026, at 4:00 PM, to be conducted via Video Conference/Other Audio Visual Means. The report details the company's operational status, including the rebuilding of its manufacturing plant at Beradwadi, which was idle during FY 2025-26 due to environmental concerns. The plant has since been upgraded, received the Consent to Operate until 2029, and has had its distillation and denatured spirit licenses renewed. Tahmar anticipates entering FY 2026-27 with a fully licensed position, a ready bottling line, and an upgraded plant.

Tahmar Enterprises Ltd has announced the book closure dates for its 35th Annual General Meeting (AGM). The book closure period will commence on September 23, 2026, and conclude on September 29, 2026, both dates inclusive. This closure is to facilitate the AGM proceedings and any related administrative matters.