Chordia Food Products Limited has disclosed a significant increase in the shareholding of investor Ameetsingh Ajitsingh Rajpal, whose stake in the company rose to 8.41% following an open market acquisition. The transaction, executed on July 15, 2026, involved the purchase of 1,39,751 equity shares, pushing his total holding beyond the 5% threshold limit specified under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company received the formal disclosure from Mr. Rajpal on July 30, 2026, and submitted it to the Bombay Stock Exchange on August 1, 2026.

The acquisition was made entirely through open market purchases, as indicated in the regulatory filing. Prior to this transaction, Mr. Rajpal held 1,99,081 shares, representing 4.94% of the total paid-up equity share capital. The additional 1,39,751 shares added to his portfolio brought his total voting rights to 3,38,832 shares. There were no encumbrances, pledges, or liens associated with these holdings, nor were there any warrants or convertible securities involved in the transaction.

Shareholding Structure Details

The following table outlines the changes in Mr. Rajpal's shareholding position before and after the acquisition:

Regulatory Compliance

The disclosure was filed pursuant to Regulation 29(1) of the SEBI (SAST) Regulations, 2011, which mandates investors to inform the listed entity upon crossing specific shareholding thresholds. Chordia Food Products Limited, represented by Company Secretary Vipul Ravindra Gujar, confirmed receipt of the disclosure and subsequently intimated the fact to BSE Limited under Regulation 29(3) of the same regulations. The company’s total paid-up equity share capital remained unchanged at 40,28,252 shares of ₹10/- each both before and after the acquisition.

Mr. Rajpal is not part of the promoter or promoter group of Chordia Food Products Limited. The filing confirms that the acquired shares carry full voting rights and are free from any encumbrances such as pledges or liens. The total diluted share/voting capital of the target company stands at 40,28,252 shares of ₹10/- each.

Chordia Food Products Limited reported a 42.4% increase in net profit to ₹77.50 crore for the financial year ended March 31, 2026, compared to ₹54.42 crore in the previous year. Revenue from operations surged 51.5% to ₹476.69 crore from ₹314.73 crore in FY25, primarily driven by the Food Infrastructure Division. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company posted a net profit of ₹27.00 crore, up from ₹13.20 crore in the same period last year. Revenue from operations for Q4FY26 stood at ₹157.36 crore, a significant increase from ₹80.02 crore in Q4FY25. The company's earnings per share (EPS) for the full year improved to ₹1.92 from ₹1.35 in the previous year. The Directors have not recommended any dividend for the financial year ended March 31, 2026.

Financial Performance

The company's total income for FY26 rose to ₹482.72 crore from ₹315.11 crore in the previous year. Total expenses increased to ₹379.47 crore from ₹241.81 crore. Profit before tax for the year stood at ₹103.25 crore, compared to ₹73.30 crore in FY25. The audit was conducted by Sunil P. Shah, Chartered Accountant, who issued an unmodified opinion on the financial statements.

Segment Performance

The company operates through two primary segments: Food Division and Food Infrastructure Division. The Food Infrastructure Division contributed the majority of the revenue, reporting ₹347.53 crore for FY26, up from ₹314.73 crore in the previous year. The Food Division reported revenue of ₹129.16 crore for the year. The company does not have any subsidiaries or associate companies, and hence consolidated financial results are not applicable.