Unaudited Financial Results for the Quarter and Half Year Ended September 30 2025, Pursuant to Regulation 33 of SEBI (LODR) Regulation 2015
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The Board approved the unaudited financial results for the quarter and half year ended September 30, 2025, along with a clean (unmodified) Limited Review Report from M/s Sarath & Associates. Separately, the Board approved acquiring a 51% partnership interest in 'Anilkumar Sureshkumar & Co.' (which sells spices under the 'Kumbh Masala' brand) for a cash consideration of Rs 12.41 crore, expected to close within 6 months. The Board also approved the purchase of a ~1,785 sq. m. godown at Mahape MIDC, Navi Mumbai for Rs 16.56 crore to support growing operations. Both transactions are stated to be with unrelated parties, at arm's length.
These moves signal a strategic shift by the company (formerly a financial services/advisory entity) into the food and spices manufacturing and trading space, backed by a sizeable ~Rs 29 crore combined outlay on acquisition and property. For shareholders, this expands the business footprint into a consumer-facing segment, though it also deploys significant capital and adds integration risk in a new industry.