Announced Sat, 25 Jul · 17:51 IST
Board approves Q1 FY27 results, 51% Chhota Hazri Spirits acquisition, director change
Price
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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹14.90
prior close
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After-mkt
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AI summary
Board approved Q1 FY27 results. Consolidated revenue rose to Rs 624.54 lakh (from Rs 289.29 lakh YoY) with net loss of Rs 136.12 lakh. Standalone revenue Rs 26.41 lakh, loss Rs 56.97 lakh. Company to acquire 51% in Chhota Hazri Spirits (alcobev) via cash and share swap. Director Sanjay Kumar Jain redesignated from Independent to Non-Executive Non-Independent. ESOP Scheme 2025 delegated to NRC. First reminder sent to partly paid-up shareholders for unpaid call money.
Likely market impact
Revenue growing strongly but losses persist. Acquisition diversifies into spirits. Unpaid call money and ESOP dilution pose risks to shareholders.