Mumbai, October 13 (Udaipur Kiran): Shares of Travel Food Services Ltd (TFS) edged higher on Monday after its wholly owned subsidiary, TFS Gurgaon Airport Services, signed a License Agreement with Delhi International Airport Ltd (DIAL) to operate food and beverage outlets at Terminal 2 of Indira Gandhi International Airport, New Delhi.
The stock was trading at ₹1,347.90, up ₹4.70 or 0.35%, from its previous close of ₹1,343.20 on the BSE. The scrip opened at ₹1,344.45, touching an intraday high of ₹1,369.00 and a low of ₹1,342.25, with 2,255 shares traded so far.
The BSE Group ‘B’ stock, with a face value of ₹1, has a 52-week high of ₹1,432.00 (recorded on October 9, 2025) and a 52-week low of ₹1,009.00 (on August 4, 2025). Over the past week, the scrip has traded between ₹1,432.00 and ₹1,314.00. The company’s current market capitalization stands at ₹17,824.79 crore.
The promoter shareholding in the company is 86.19%, while institutional investors hold 7.99% and non-institutional investors account for 5.82%.
New License to Expand F&B Operations at Delhi Airport
Under the agreement, TFS Gurgaon Airport Services will design, develop, set up, operate, manage, and maintain a range of food and beverage (F&B) outlets at Terminal 2 for a period of three years. The license terms include the payment of license fees, minimum guarantee amounts, and other associated charges as per the agreement.
This move further strengthens TFS’s presence in India’s fast-growing airport hospitality sector, positioning the company to capitalize on increasing passenger footfall and demand for high-quality dining experiences at travel hubs.
Business Overview
Travel Food Services — along with its subsidiaries, associates, and joint ventures — operates and manages food and beverage outlets, quick-service restaurants (QSRs), and airport lounges across major airports and highways in India. The company is among the country’s leading travel F&B operators, known for its wide network of branded and multi-cuisine outlets catering to domestic and international travelers.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
Travel Food Services Rises After Subsidiary Signs F&B License Deal with Delhi Airport
