BSEFiltron Engineers LtdMinimalNeutral
Announced Tue, 17 Feb · 13:46 IST

Errorneously copy of Limited Review Report was missed in the submission of results submitted by the Company on February 14, 2026. Hence, we hereby submits the full copy along with Limited ....

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Filtron Engineers is resubmitting its financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report from statutory auditor S.H. Sane & Co., which was accidentally left out of the original submission on February 14, 2026. The auditor has given an unmodified review conclusion on both standalone and consolidated results. The accompanying results, however, disclose a major event: the company has acquired 100% of Gabrielle Infra Speciality Private Limited (GISPL) for Rs. 6,420.90 lakhs, paid through issue of 4.5 crore equity shares and 1.92 crore 0.5% NCCRPS. Standalone Q3 results show a loss of Rs. 8.5 lakhs, but consolidated Q3 results, now including GISPL, show a profit after tax of Rs. 109.13 lakhs with revenue of Rs. 10.95 crore. The GISPL promoters have taken over as promoters of Filtron, the board has been restructured, and 1.59 crore equity shares were allotted on a preferential basis.

Likely market impact

This filing is technically a compliance fix, but the attached results reveal a transformational reverse-acquisition where GISPL's promoters now control the company and the consolidated financials are dominated by the new subsidiary. Existing shareholders face significant dilution and a complete change in business profile and management.