About Indian Terrain Fashions Limited

Indian Terrain Fashions Limited (ITFL) is an India-domiciled apparel company engaged in retailing branded apparel through retail stores in India. The company is incorporated under the Companies Act, 1956, and continues as an existing company under the Companies Act, 2013, with its Registered Office at Singaperumal Koil Post, Chengalpattu, Tamil Nadu – 603204. ITFL focuses on men’s wear, positioning itself within the organised retail and e-commerce ecosystem for branded apparel in the country.

ITFL does not operate in-house manufacturing facilities. Its warehouse is located at Survey No. 549/2 & 232, Plot No. 4, Thirukkachiyur & Sengundram Industrial Area, Singaperumal Koil, Chengalpattu, Tamil Nadu. The company’s equity shares are listed on BSE Ltd and the National Stock Exchange of India Ltd, with 99.99% of equity share capital in dematerialised form as on March 31, 2025.

ITFL has 0 subsidiaries, as disclosed in its corporate governance section. The company’s employee strength stood at 256 as on March 31, 2025.

Key Milestones of Indian Terrain Fashions Limited

• Listing on both BSE and NSE, and near-complete dematerialisation of equity
• A preferential issue of 14,27,145 equity shares in FY 2024-25, as approved by shareholders and subsequently allotted, leading to fresh capital infusion
• Allotment of 49,48,537 warrants on March 10, 2025 and their conversion into equity on May 27, 2025, which increased the paid-up equity share capital to Rs 10,13,34,734, comprising 5,06,67,367 equity shares of Rs 2 each (from Rs 9,14,37,660 comprising 4,57,18,830 shares of Rs 2 each)

Business Verticals and Geographies of Indian Terrain Fashions Limited

• Nature of business: Retailing branded apparel with a strategic focus on men’s wear
• Registered Office: Singaperumal Koil Post, Chengalpattu, Tamil Nadu – 603204
• Warehouse: Survey No. 549/2 & 232, Plot No. 4, Thirukkachiyur & Sengundram Industrial Area, Singaperumal Koil, Chengalpattu, Tamil Nadu
• Manufacturing: No in-house manufacturing facilities
• Subsidiaries: 0
• Listing: BSE Ltd and National Stock Exchange of India Ltd
• Dematerialisation: 99.99% of equity share capital as on March 31, 2025
• Employee strength: 256 as on March 31, 2025

Indian Terrain Fashions Limited Business Segment

The company operates in a single reportable segment focused on retailing branded apparel through retail stores in India, with a strategic emphasis on men’s wear within the organised retail and e-commerce ecosystem.

Indian Terrain Fashions Limited Key Management

• Venkatesh Rajagopal – Chairman & Whole-time Director
• Charath Ram Narsimhan – Managing Director & CEO
• Sheikh Sahenawaz – Chief Financial Officer
• Sainath Sundaram – Company Secretary & Compliance Officer

Latest Updates on Indian Terrain Fashions Limited

• Capital raising via preferential equity: Shareholders approved issuance of 14,27,145 equity shares on preferential basis at the 15th AGM on September 16, 2024. The company raised Rs 10,00,00,051 through a preferential allotment dated October 03, 2024, with no deviation in the use of proceeds as per disclosures
• Issue of convertible warrants: The company allotted 49,48,537 convertible warrants on March 10, 2025, to identified non-promoter entities/persons on a preferential basis. These warrants were converted into equity shares on May 27, 2025, increasing the paid-up equity share capital to Rs 10,13,34,734 (5,06,67,367 shares of Rs 2 each)
• Corporate governance and compliance: The company reported full compliance with mandatory requirements under SEBI (LODR) Regulations, 2015, continued quarterly filings, and maintained a risk management framework reviewed by the Audit Committee
• Board updates: During FY 2024-25, changes in the designation of two Independent Directors—Pundi Srinivasan Raghavan and Tarique Ansari—were recorded on May 17, 2024, reflecting updates to the Board’s composition
• Operations footprint: ITFL reiterated that it has no in-house manufacturing and operates via its warehouse in Chengalpattu, Tamil Nadu, as part of its supply chain. The company remains focused on men’s wear with plans to deepen customer engagement and channel efficiency in the forthcoming year