Counter Cyclical Investments Private Limited has disclosed a reduction in its shareholding in Blue Chip Tex Industries Ltd, filing the mandatory disclosure under SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations. The Nagpur-based portfolio management company, along with its clients acting in concert, reduced its stake in the textile company through open market transactions on March 19, 2026.

Transaction Details

The shareholding change involved the sale of 2805 shares through open market transactions. This disposal reduced Counter Cyclical Investments' total holding from 123653 shares to 120848 shares in Blue Chip Tex Industries Ltd.

Regulatory Compliance and Documentation

The disclosure was made pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Counter Cyclical Investments Private Limited, registered in Nagpur with CIN U65999PN2018PTC175591, submitted the required documentation to both Blue Chip Tex Industries Ltd and BSE Limited.

The company's registered office is located at FN 401 PN 16 Shirkey Building L/O Rajnagar SB Colony, Nagpur MH 440013. The disclosure was signed by Director Parminder Pal Singh Bhatia (DIN: 07159378) on March 20, 2026, one day after the transaction date.

Company and Market Information

Blue Chip Tex Industries Ltd, the target company, is listed on BSE Limited and has a total equity share capital of 19,70,500 shares. The company operates from Plot No. 63-B, Danudyog Sahakari Sangh Ltd, Village Piparia, Silvassa, Dadra & Nagar Haveli- 396230.

Acquirer Profile

Counter Cyclical Investments Private Limited operates as a Portfolio Manager and does not belong to the promoter or promoter group of Blue Chip Tex Industries Ltd. The company manages investments through its clients who act in concert for shareholding purposes.

The filing confirms that all shares involved in the transaction carry voting rights, with no encumbrances, warrants, or convertible securities involved in this particular disposal. The company's shareholding reduction reflects routine portfolio management activities conducted through the open market mechanism as per SEBI regulations.

Blue Chip Tex Industries Limited has completed the mandatory newspaper publication of its unaudited financial results for Q3 FY26 under Regulation 47 of SEBI Listing Regulations. The polyester textured yarn manufacturer published the results in Business Standard (English) and Western Times (Gujarati) on February 11, 2026, following the regulatory filing requirements.

Regulatory Compliance and Publication

Company Secretary Binita Gosalia informed BSE Limited about the newspaper publication through a formal communication dated February 11, 2026. The publication was made pursuant to Regulation 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains its corporate office at Maker Chambers-III, Nariman Point, Mumbai, with registered office in Silvassa.

Financial Performance Overview

The published results demonstrate the company's improved loss position during Q3 FY26 compared to the previous year:

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company showed consistent improvement in loss reduction:

Board Approval and Audit Review

The Board of Directors approved the unaudited financial results at their meeting held on February 10, 2026. The results underwent limited review by D K P & Associates, Chartered Accountants, who provided an unqualified review report. Managing Director Shahin N. Khemani (DIN: 03296813) signed the published results on behalf of the company.

Company Operations and Structure

Blue Chip Tex Industries Limited operates primarily in manufacturing polyester textured yarn for the domestic market. The company maintains its registered office in Silvassa, Dadra and Nagar Haveli, with paid-up equity share capital of ₹197.05 lakhs comprising shares of ₹10 face value each. The company has no subsidiary, associate, or joint venture companies as of December 31, 2025.