ABC India Board Approves Rs. 3.10 Crore Petrol Pump Unit Sale Under SEBI Regulation 30

2 min read     Updated on 21 Mar 2026, 05:10 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

ABC India Limited has announced the board approval for selling its petrol pump unit in Pune for Rs. 3.10 crores under SEBI Regulation 30. The unit contributed significantly with Rs. 65.28 crores turnover (35.30% of total) and Rs. 46.72 lakhs net worth. The sale to two individual buyers is expected to complete by December 2026.

35636485

*this image is generated using AI for illustrative purposes only.

ABC India Limited's Board of Directors has approved the sale of its petrol pump unit for Rs. 3.10 crores, as announced in a regulatory filing under SEBI Regulation 30 following a board meeting held on March 21, 2026. The decision represents a significant divestment for the company, involving a unit that has been a substantial contributor to its operations.

Transaction Details and Regulatory Compliance

The board has authorized the sale of the petrol pump unit located at Pune, Mumbai Road, NH 4, Talegaon Dabhade, Tal Maval, Dist-Pune, Pin-410506. The buyers are Mr. Ameya Shirish Malpathak and Mr. Nitish Shirish Malpathak, who reside at House No 45, Panchvati Colony, Near Gajanan Maharaj Temple, Talegaon, Dabhade, Katavi, Pune, Maharashtra 410506.

Parameter: Details
Sale Consideration: Rs. 3.10 crores
Location: Pune, Mumbai Road, NH 4, Talegaon Dabhade
Buyers: Mr. Ameya Shirish Malpathak & Mr. Nitish Shirish Malpathak
Board Meeting Date: March 21, 2026
Meeting Duration: 11:40 A.M. to 12:10 P.M.

The company has filed the disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with BSE Limited and The Calcutta Stock Exchange Limited. The sale consideration includes the right to transfer the petrol pump dealership to the buyers.

Financial Impact and Unit Performance

The petrol pump unit has been a significant revenue generator for ABC India Limited. During the last financial year, the unit demonstrated strong operational performance across multiple financial metrics as disclosed in the regulatory filing.

Financial Metric: Amount Percentage
Turnover Contribution: Rs. 65.28 crores 35.30%
Net Worth Contribution: Rs. 46.72 lakhs -

The unit's substantial contribution of 35.30% to the company's total turnover highlights its importance within ABC India's business portfolio. The significant contribution underscores the strategic nature of this divestment decision.

Transaction Timeline and Documentation

The company has outlined a clear timeline for completing the transaction, with specific milestones for documentation and final completion as per the regulatory disclosure.

Timeline Aspect: Date
MOU Execution: By March 31, 2026
Expected Completion: December 31, 2026
Regulatory Filing: March 21, 2026

The transaction does not involve any related party dealings, as confirmed in the regulatory filing. The purchasers do not belong to the promoter or promoter group of the company. The board has authorized company officials to execute the requisite Memorandum of Understanding and other necessary documents. The company has confirmed that requisite updates will be intimated to stock exchanges as and when required, and the information is also available on the company's website at www.abcindia.com .

Historical Stock Returns for ABC India

1 Day5 Days1 Month6 Months1 Year5 Years
-5.42%-5.86%-12.69%-30.15%-37.91%-2.92%

Multiple Companies Announce Q3 FY26 Financial Results for Quarter Ended December 31, 2025

4 min read     Updated on 16 Feb 2026, 02:51 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Several Indian companies across various sectors announced their Q3 FY26 financial results, showing mixed performance with Dynamic Technologies and NILE Limited reporting strong growth, while Prince Pipes faced challenges. Empower India Limited joined the reporting companies with consolidated revenue of ₹4,781.25 lakhs, marking significant improvement in operations.

32353932

*this image is generated using AI for illustrative purposes only.

Several Indian companies across various sectors have announced their unaudited financial results for the quarter and nine months ended December 31, 2025, marking the completion of Q3 FY26 reporting season. The results were published in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with companies filing their financial statements with stock exchanges and publishing them in leading newspapers.

Dynamic Technologies Limited Shows Strong Performance

Dynamic Technologies Limited reported robust consolidated financial results for Q3 FY26. The company's performance metrics demonstrate solid operational execution across key parameters.

Parameter: Q3 FY26 Q3 FY25 YoY Change
Revenue from Operations: ₹42,487 lakhs ₹31,543 lakhs +34.7%
Net Profit After Tax: ₹577 lakhs ₹353 lakhs +63.5%
Total Comprehensive Income: ₹936 lakhs ₹(1,503) lakhs Positive turnaround
Earnings Per Share: ₹8.50 ₹5.20 +63.5%

For the nine months ended December 31, 2025, the company achieved consolidated revenue of ₹1,18,818 lakhs compared to ₹1,02,313 lakhs in the previous year. The standalone revenue for Q3 FY26 stood at ₹21,826 lakhs with net profit after tax of ₹412 lakhs.

NILE Limited Demonstrates Strong Quarterly Growth

NILE Limited reported impressive standalone financial results for Q3 FY26, showing significant improvement across key metrics. The company's total income from operations reached ₹28,868.26 lakhs for the quarter, representing a substantial increase from ₹23,227.48 lakhs in the corresponding quarter of the previous year.

Financial Metric: Q3 FY26 Q3 FY25 YoY Growth
Total Income from Operations: ₹28,868.26 lakhs ₹23,227.48 lakhs +24.3%
Net Profit After Tax: ₹1,571.62 lakhs ₹1,153.67 lakhs +36.2%
Basic EPS: ₹52.26 ₹38.43 +36.0%
Total Comprehensive Income: ₹1,568.81 lakhs ₹1,153.67 lakhs +36.0%

For the nine months ended December 31, 2025, NILE Limited achieved total income of ₹80,417.53 lakhs with net profit after tax of ₹4,554.45 lakhs, compared to ₹72,931.99 lakhs and ₹2,977.25 lakhs respectively in the previous year.

Empower India Limited Reports Consolidated Growth

Empower India Limited announced its unaudited financial results for Q3 FY26, demonstrating improved performance in consolidated operations. The company reported total income from operations of ₹4,781.25 lakhs on a consolidated basis for the quarter, compared to ₹2,312.38 lakhs in the corresponding quarter of the previous year.

Financial Parameter: Q3 FY26 Consolidated Q3 FY26 Standalone Q3 FY25 Consolidated
Total Income from Operations: ₹4,781.25 lakhs ₹2,538.23 lakhs ₹2,312.38 lakhs
Net Profit After Tax: ₹107.16 lakhs ₹47.92 lakhs ₹104.88 lakhs
Basic EPS: ₹0.01 ₹0.00 ₹0.01
Total Comprehensive Income: ₹107.16 lakhs ₹47.92 lakhs ₹104.88 lakhs

For the nine months ended December 31, 2025, the company achieved consolidated total income of ₹10,906.30 lakhs with net profit after tax of ₹406.82 lakhs. The paid-up equity share capital remained stable at ₹11,637.99 lakhs.

Landmark Cars Limited Reports Mixed Performance

Landmark Cars Limited published consolidated financial results showing varied performance metrics for Q3 FY26. The company reported total income from operations of ₹13,500.69 million, representing an increase from ₹11,980.73 million in the corresponding quarter of the previous year.

Performance Indicator: Q3 FY26 Q3 FY25 Change
Total Income from Operations: ₹13,500.69 million ₹11,980.73 million +12.7%
Net Profit After Tax: ₹141.80 million ₹118.08 million +20.1%
Basic EPS: ₹3.42 ₹2.75 +24.4%
Total Comprehensive Income: ₹151.58 million ₹118.08 million +28.4%

The company's dealership agreement with Mercedes-Benz India Private Limited has materially changed to an agency model, with the value of cars sold on behalf of MBIL reaching ₹5,374.85 million for Q3 FY26.

Prince Pipes and Fittings Limited Faces Challenges

Prince Pipes and Fittings Limited reported challenging quarterly results with revenue from operations of ₹5,732.70 lakhs for Q3 FY26. The company faced operational difficulties, reporting a net loss after tax of ₹23.75 lakhs for the quarter.

Key Metric: Q3 FY26 Q3 FY25 Nine Months FY26
Revenue from Operations: ₹5,732.70 lakhs ₹5,777.24 lakhs ₹17,482.60 lakhs
Net Loss After Tax: ₹(23.75) lakhs ₹(204.24) lakhs ₹170.77 lakhs
Basic EPS (including exceptional): ₹(0.21) ₹(1.85) ₹1.54
Equity Share Capital: ₹1,105.61 lakhs ₹1,105.61 lakhs ₹1,105.61 lakhs

Sarthak Metals Limited Shows Steady Growth

Sarthak Metals Limited reported positive standalone financial results for Q3 FY26, demonstrating consistent performance in the metals sector. The company achieved total income from operations of ₹4,772.94 lakhs for the quarter, compared to ₹4,399.70 lakhs in the corresponding quarter of the previous year.

Financial Parameter: Q3 FY26 Q3 FY25 Nine Months FY26
Total Income from Operations: ₹4,772.94 lakhs ₹4,399.70 lakhs ₹13,026.14 lakhs
Net Profit After Tax: ₹129.72 lakhs ₹122.02 lakhs ₹311.68 lakhs
Basic EPS: ₹0.95 ₹0.92 ₹2.28
Total Comprehensive Income: ₹134.95 lakhs ₹125.90 lakhs ₹318.44 lakhs

Regulatory Compliance and Publication

All companies ensured compliance with SEBI regulations by publishing their results in leading newspapers including Financial Express and regional publications. The detailed financial results are available on respective company websites and stock exchange platforms including BSE and NSE. Companies obtained board approvals with results subject to limited review by statutory auditors. ABC India Limited also published notices regarding SEBI's special window for transfer and dematerialization of physical securities, maintaining transparency and regulatory compliance standards.

Historical Stock Returns for ABC India

1 Day5 Days1 Month6 Months1 Year5 Years
-5.42%-5.86%-12.69%-30.15%-37.91%-2.92%

More News on ABC India

1 Year Returns:-37.91%